Peptic ulcer disease is characterized by open sores in the stomach or small intestine, resulting from an imbalance of protective and damaging factors, with duodenal ulcers being more common than gastric ones. Risk factors include smoking, alcohol, NSAID use, H. pylori infection, and stress, with varying symptoms such as abdominal pain and changes in appetite. Treatment involves lifestyle modifications, antibiotic therapy for H. pylori, and medications to reduce stomach acid, alongside surgical options for severe cases.