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TAL Education Group (MEX:TAL N) Cyclically Adjusted Book per Share : MXN90.67 (As of Feb. 2025)


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What is TAL Education Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

TAL Education Group's adjusted book value per share for the three months ended in Feb. 2025 was MXN127.076. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN90.67 for the trailing ten years ended in Feb. 2025.

During the past 12 months, TAL Education Group's average Cyclically Adjusted Book Growth Rate was 14.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 22.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of TAL Education Group was 27.60% per year. The lowest was 18.30% per year. And the median was 22.10% per year.

As of today (2025-06-26), TAL Education Group's current stock price is MXN197.00. TAL Education Group's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was MXN90.67. TAL Education Group's Cyclically Adjusted PB Ratio of today is 2.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TAL Education Group was 50.43. The lowest was 0.78. And the median was 2.80.


TAL Education Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for TAL Education Group's Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share Chart

TAL Education Group Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.77 52.46 57.09 63.56 90.67

TAL Education Group Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.56 65.74 78.24 82.78 90.67

Competitive Comparison of TAL Education Group's Cyclically Adjusted Book per Share

For the Education & Training Services subindustry, TAL Education Group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


TAL Education Group's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, TAL Education Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where TAL Education Group's Cyclically Adjusted PB Ratio falls into.


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TAL Education Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, TAL Education Group's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book= Book Value per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=127.076/115.3387*115.3387
=127.076

Current CPI (Feb. 2025) = 115.3387.

TAL Education Group Quarterly Data

Book Value per Share CPI Adj_Book
201505 10.957 99.500 12.701
201508 12.396 100.400 14.240
201511 14.406 100.100 16.599
201602 16.267 102.700 18.269
201605 20.997 101.600 23.836
201608 23.056 101.700 26.148
201611 24.943 102.400 28.095
201702 26.090 103.500 29.074
201705 25.344 103.300 28.298
201708 31.204 103.500 34.773
201711 31.729 104.200 35.121
201802 53.862 106.500 58.332
201805 63.413 104.900 69.723
201808 62.879 105.900 68.483
201811 61.505 106.400 66.672
201902 80.932 108.100 86.351
201905 84.367 107.800 90.267
201908 85.234 108.900 90.273
201911 84.555 111.200 87.702
202002 82.785 113.700 83.978
202005 95.637 110.400 99.915
202008 98.528 111.500 101.920
202011 133.392 110.700 138.982
202102 168.872 113.219 172.033
202105 0.000 112.215 0.000
202108 130.662 112.215 134.299
202111 137.265 113.442 139.560
202202 126.917 114.335 128.031
202205 118.306 114.558 119.112
202208 119.670 115.004 120.018
202211 115.684 115.227 115.796
202302 110.720 115.450 110.613
202305 101.438 114.781 101.931
202308 95.294 115.116 95.479
202311 104.143 114.669 104.751
202402 103.376 116.231 102.582
202405 103.603 115.116 103.804
202408 121.841 115.785 121.372
202411 126.385 114.893 126.876
202502 127.076 115.339 127.076

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


TAL Education Group  (MEX:TAL N) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

TAL Education Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=197.00/90.67
=2.17

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TAL Education Group was 50.43. The lowest was 0.78. And the median was 2.80.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


TAL Education Group Cyclically Adjusted Book per Share Related Terms

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


TAL Education Group Business Description

Industry
Address
Xiaoying West Street, 5th Floor, Tower B, Heying Center, Haidian District, Beijing, CHN, 100085
TAL Education Group is a smart learning solutions provider in China. It operates a few business lines including enrichment learning, high school academic tutoring, learning technology, and content solutions. Among those business lines, TAL focuses on enrichment learning and content solutions.

TAL Education Group Headlines

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