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TAL Education Group (BSP:T1AL34) Cyclically Adjusted PB Ratio : 2.22 (As of May. 31, 2025)


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What is TAL Education Group Cyclically Adjusted PB Ratio?

As of today (2025-05-31), TAL Education Group's current share price is R$5.60. TAL Education Group's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was R$2.52. TAL Education Group's Cyclically Adjusted PB Ratio for today is 2.22.

The historical rank and industry rank for TAL Education Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:T1AL34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 2.81   Max: 50.43
Current: 2.28

During the past years, TAL Education Group's highest Cyclically Adjusted PB Ratio was 50.43. The lowest was 0.78. And the median was 2.81.

BSP:T1AL34's Cyclically Adjusted PB Ratio is ranked worse than
73.43% of 143 companies
in the Education industry
Industry Median: 1.38 vs BSP:T1AL34: 2.28

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 adjusted book value per share data for the three months ended in Feb. 2025 was R$3.571. 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 R$2.52 for the trailing ten years ended in Feb. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


TAL Education Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TAL Education Group's Cyclically Adjusted 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.

* Premium members only.

TAL Education Group Cyclically Adjusted PB Ratio Chart

TAL Education Group Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.75 1.10 2.22 3.95 3.03

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 PB Ratio 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 3.95 2.96 2.01 2.42 3.03

Competitive Comparison of TAL Education Group's Cyclically Adjusted PB Ratio

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 PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.60/2.52
=2.22

* 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.

TAL Education Group's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 is calculated as:

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)
=3.571/115.3387*115.3387
=3.571

Current CPI (Feb. 2025) = 115.3387.

TAL Education Group Quarterly Data

Book Value per Share CPI Adj_Book
201505 6.537 99.500 7.578
201508 0.260 100.400 0.299
201511 9.857 100.100 11.358
201602 10.709 102.700 12.027
201605 12.113 101.600 13.751
201608 11.775 101.700 13.354
201611 12.208 102.400 13.751
201702 12.157 103.500 13.548
201705 13.061 103.300 14.583
201708 16.568 103.500 18.463
201711 16.670 104.200 18.452
201802 27.882 106.500 30.196
201805 34.546 104.900 37.984
201808 38.621 105.900 42.063
201811 34.420 106.400 37.312
201902 46.943 108.100 50.086
201905 51.412 107.800 55.007
201908 51.254 108.900 54.284
201911 53.947 111.200 55.955
202002 54.724 113.700 55.513
202005 72.989 110.400 76.254
202008 73.883 111.500 76.427
202011 108.211 110.700 112.745
202102 131.010 113.219 133.462
202105 0.000 112.215 0.000
202108 102.502 112.215 105.355
202111 106.866 113.442 108.652
202202 97.019 114.335 97.871
202205 89.486 114.558 90.096
202208 91.886 115.004 92.153
202211 94.416 115.227 94.507
202302 93.815 115.450 93.724
202305 85.416 114.781 85.831
202308 83.011 115.116 83.172
202311 88.078 114.669 88.592
202402 90.202 116.231 89.510
202405 93.958 115.116 94.140
202408 3.393 115.785 3.380
202411 3.556 114.893 3.570
202502 3.571 115.339 3.571

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


TAL Education Group  (BSP:T1AL34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


TAL Education Group Cyclically Adjusted PB Ratio Related Terms

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


TAL Education Group Business Description

Traded in Other Exchanges
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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