Duolingo (DUOL) Price to Book (2021 - 2026)

Duolingo has reported Price to Book for 6 years, with the latest figure at 7.63 in Q2 2026.

• On a quarterly basis, Price to Book fell 80.05% year-over-year to 7.63 in Q2 2026; TTM through Jun 2026 was 7.63, a 80.05% decrease from a year earlier, with the FY2025 full-year figure at 12.05, down 65.35% from the prior year.
• Price to Book was 7.63 for Q2 2026 at Duolingo, up from 6.63 in the prior quarter.
• The five-year high for Price to Book was 38.26 in Q2 2025, with the low at 6.63 in Q1 2026.
• Average Price to Book over 5 years is 20.58, with a median of 21.52 recorded in 2023.
• The sharpest annual moves came in 2023 and 2026: Price to Book soared 188.56% in 2023, then plunged 80.05% in 2026.
• Over 5 years, Price to Book stood at 10.48 in 2022, then soared by 177.44% to 29.06 in 2023, then rose by 19.66% to 34.78 in 2024, then tumbled by 65.35% to 12.05 in 2025, then tumbled by 36.68% to 7.63 in 2026.
• The last three Price to Book figures came in at 7.63 (Q2 2026), 6.63 (Q1 2026), and 12.05 (Q4 2025), per Business Quant data.