TAL Education Group (TAL Education Group) Price-to-Tangible-Book : 2.14 (As of Apr. 25, 2024)

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What is TAL Education Group Price-to-Tangible-Book?

As of today (2024-04-25), TAL Education Group's share price is $12.26. TAL Education Group's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $5.72. Hence, TAL Education Group's Price to Tangible Book Ratio of today is 2.14.

The historical rank and industry rank for TAL Education Group's Price-to-Tangible-Book or its related term are showing as below:

TAL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48 Med: 9.93 Max: 27.69
Current: 2.14

During the past 13 years, TAL Education Group's highest Price to Tangible Book Ratio was 27.69. The lowest was 0.48. And the median was 9.93.

TAL's Price-to-Tangible-Book is ranked worse than
52.56% of 215 companies
in the Education industry
Industry Median: 2.06 vs TAL: 2.14

A closely related ratio is called PB Ratio. As of today, TAL Education Group's share price is $12.26. TAL Education Group's Book Value per Sharefor the quarter that ended in Nov. 2023 was $6.03. Hence, TAL Education Group's P/B Ratio of today is 2.03.

TAL Education Group Price-to-Tangible-Book Historical Data

The historical data trend for TAL Education Group's Price-to-Tangible-Book 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.

* Premium members only.

TAL Education Group Price-to-Tangible-Book Chart

TAL Education Group Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Price-to-Tangible-Book

Get a 7-Day Free Trial

11.79

17.41

11.20

0.48

1.23

TAL Education Group Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.05	1.23	1.00	1.32	2.19

Competitive Comparison of TAL Education Group's Price-to-Tangible-Book

For the Education & Training Services subindustry, TAL Education Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

TAL Education Group's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, TAL Education Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where TAL Education Group's Price-to-Tangible-Book falls into.

TAL Education Group Price-to-Tangible-Book Calculation

TAL Education Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Nov. 2023 )
	=	12.26	/	5.719
	=	2.14

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

TAL Education Group Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of TAL Education Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

TAL Education Group (TAL Education Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » TAL Education Group (NYSE:TAL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TAL:Mexico 0A2X:UK IZZ:Germany IZZ:Germany T1AL34:Brazil

Address

Xiaoying West Street, 5th Floor, Tower B, Heying Center, Haidian District, Beijing, CHN, 100085

Website

http://www.100tal.com

TAL Education Group is a smart learning solutions provider in China. K-9 academic afterschool tutoring used to account for the majority of TAL's revenue before the regulatory changes in 2021 that imposed a nonprofit requirement on the business. After spinning off its K-9 academic afterschool tutoring business, TAL realigned its focus toward enrichment learning, content solutions, and learning technology solutions.