DuolingoMEX:DUOL 70 PB Ratio is 4.10 as of Jul. 05, 2026, which is 60% below its 10-year median of 10.35. GuruFocus rates MEX:DUOL with a GF Score™ of 70/100 and a GF Value™ of MXN6,859.01 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,627 Software companies, Duolingo ranks worse than 72.36% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-05), Duolingo's share price is MXN2196.00. Duolingo's Book Value per Share for the quarter that ended in Mar. 2026 was MXN535.77. Hence, Duolingo's PB Ratio of today is 4.10.
The historical rank and industry rank for Duolingo's PB Ratio or its related term are showing as below:
MEX:DUOL'
s PB Ratio Range Over the Past 10 Years
Min: 3.03 Med: 10.35 Max: 26.88
Current: 4.23
During the past 7 years, Duolingo's highest PB Ratio was 26.88. The lowest was 3.03. And the median was 10.35.
MEX:DUOL's PB Ratio is ranked worse than 72.36% of 2627
companies
in the Software industry
Industry Median: 2.42
vs MEX:DUOL: 4.23
During the past 12 months, Duolingo's average Book Value Per Share Growth Rate was 51.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 29.10% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Duolingo was 29.10% per year. The lowest was 11.00% per year. And the median was 20.05% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Duolingo PB Ratio Related Terms
Duolingo PB Ratio Historical Data
* Premium members only.
The historical data trend for Duolingo's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Software - Application subindustry, Duolingo's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Duolingo PB Ratio vs Software Industry
For the Software industry and Technology sector, Duolingo's PB Ratio distribution charts can be found below:
* The bar in red indicates where Duolingo's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Duolingo's PB Ratio for today is calculated as follows:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Duolingo (MEX:DUOL) has a PB Ratio of 4.10 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Duolingo and its competitors. This is 60% below median its historical median of 10.35. Over the past decade, Duolingo's PB Ratio has ranged from 3.03 to 26.88. According to the industry distribution chart, Duolingo ranks #1901 out of 2627 companies in the Software industry, placing it in the top 72.4%.
Is Duolingo's PB Ratio too high?
Duolingo's current PB Ratio of 4.10 is 60% below median its 10-year median of 10.35. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 26.88. The Software industry median PB Ratio is 2.42. Duolingo's value of 4.10 is 69.4% above this industry median. Based on the distribution chart, Duolingo ranks #1901 out of 2627 companies in the Software industry, which is below the industry midpoint. Overall, Duolingo has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Duolingo's PB Ratio compare to PCTY and YOU?
According to the Software industry distribution chart, Duolingo ranks #1901 out of 2627 companies for PB Ratio. This places Duolingo in the lower half of its industry. The industry median PB Ratio is 2.42. Duolingo's value of 4.10 is 69.4% above this benchmark. Historically, Duolingo's own PB Ratio has ranged from 3.03 to 26.88 over the past decade. While the company's 10-year median is 10.35 vs. the industry median of 2.42, Duolingo has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Software company?
The median PB Ratio among Software companies is 2.42, based on 2,627 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Duolingo's current PB Ratio of 4.10 is 69.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Duolingo and its competitors. For the Software industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duolingo's current PB Ratio is 4.10, which is 60% below median its own 10-year median of 10.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duolingo stock overvalued right now?
Based on GuruFocus' analysis, Duolingo (MEX:DUOL) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN6,859.01, compared to a current price of MXN2,196.00 — trading 68% below its estimated fair value. The current PB Ratio is 4.10, which is 60% below median its 10-year median of 10.35 and 69.4% above the Software industry median of 2.42. Duolingo's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Duolingo (MEX:DUOL), the current PB Ratio is 4.10 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Duolingo (MEX:DUOL) Overvalued in 2026?
Based on GuruFocus' analysis, Duolingo stock appears to be undervalued.
The current stock price of MXN2,196.00 is trading 68% below its estimated GF Value™ of MXN6,859.01.
GuruFocus considers Duolingo to be Significantly Undervalued.
Key valuation signals for MEX:DUOL:
PB Ratio: 4.10 (60% below median its 10-year median of 10.35)
GF Value™: MXN6,859.01 vs. price of MXN2,196.00 (68% below fair value)
Industry Position: 69.4% above the Software median (#1901 of 2627)
No single metric tells the full story. See the MEX:DUOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Duolingo Inc is a technology company that develops a mobile learning platform to learn languages. Its products are powered by sophisticated data analytics and artificial intelligence and delivered with class art, animation, and design to make it easier for learners to stay motivated, master new material, and achieve their learning goals. Its solutions include the Duolingo Language Learning App, Super Duolingo, Duolingo English Test: AI-Driven Language Assessment, Duolingo For Schools, Duolingo ABC, and Duolingo Math. It has four predominant sources of revenue: time-based subscriptions, in-app advertising placement by third parties, the Duolingo English Test, and In-App purchases. Geographically, the company generates revenue from its customers in the United States and other markets.
70GF Score
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