TAL Education Group (LTS:0A2X) Cyclically Adjusted PB Ratio: 2.42 (As of Aug. 12, 2026) — Near Median

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LTS:0A2X TAL Education Group LTS:0A2X
72 GF Score
Price $12.20
GF Value $19.22
Valuation Significantly Undervalued
! 5 Warning Signs
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What is TAL Education Group Cyclically Adjusted PB Ratio?

TAL Education Group LTS:0A2X -2.70% 72 Cyclically Adjusted PB Ratio is 2.42 as of Aug. 12, 2026, which is 3% below its 10-year median of 2.49. GuruFocus rates LTS:0A2X with a GF Score™ of 72/100 and a GF Value™ of $19.22 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 160 Education companies, TAL Education Group ranks worse than 75.63% on this metric.

As of today (2026-08-12), TAL Education Group's current share price is $12.2014. TAL Education Group's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was $5.04. TAL Education Group's Cyclically Adjusted PB Ratio for today is 2.42.

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

LTS:0A2X' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 2.49   Max: 50.43
Current: 2.43

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 2.49.

LTS:0A2X's Cyclically Adjusted PB Ratio is ranked worse than
75.63% of 160 companies
in the Education industry
Industry Median: 1.16 vs LTS:0A2X: 2.43

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 May. 2026 was $7.355. 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 $5.04 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TAL Education Group  (LTS:0A2X) 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


TAL Education Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

TAL Education Group Cyclically Adjusted PB Ratio Chart

TAL Education Group Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 2.22 3.95 3.03 2.17

TAL Education Group Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 2.24 2.35 2.36 2.17 1.94

LTS:0A2X vs LAUR, CVSA, LOPE: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


LTS:0A2X
72GF Score
TAL Education Group LTS:0A2X
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=12.2014/5.04
=2.42

* 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 May. 2026 is calculated as:

For example, TAL Education Group's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=7.355/116.4107*116.4107
=7.355

Current CPI (May. 2026) = 116.4107.

TAL Education Group Quarterly Data

Book Value per Share CPI Adj_Book
201608 1.223 101.700 1.400
201611 1.219 102.400 1.386
201702 1.305 103.500 1.468
201705 1.359 103.300 1.531
201708 1.754 103.500 1.973
201711 1.703 104.200 1.903
201802 2.859 106.500 3.125
201805 3.171 104.900 3.519
201808 3.273 105.900 3.598
201811 3.030 106.400 3.315
201902 4.201 108.100 4.524
201905 4.293 107.800 4.636
201908 4.247 108.900 4.540
201911 4.327 111.200 4.530
202002 4.196 113.700 4.296
202005 4.314 110.400 4.549
202008 4.503 111.500 4.701
202011 6.620 110.700 6.962
202102 8.066 113.219 8.293
202105 0.000 112.215 0.000
202108 6.509 112.215 6.752
202111 6.398 113.442 6.565
202202 6.220 114.335 6.333
202205 6.011 114.558 6.108
202208 5.958 115.004 6.031
202211 5.974 115.227 6.035
202302 6.035 115.450 6.085
202305 5.715 114.781 5.796
202308 5.645 115.116 5.709
202311 5.994 114.669 6.085
202402 6.060 116.231 6.069
202405 6.096 115.116 6.165
202408 6.177 115.785 6.210
202411 6.201 114.893 6.283
202502 6.191 115.339 6.249
202505 5.867 115.030 5.937
202508 5.646 115.363 5.697
202511 6.322 115.715 6.360
202602 6.819 116.875 6.792
202605 7.355 116.411 7.355

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.

What does a Cyclically Adjusted PB Ratio of 2.42 mean?
TAL Education Group (LTS:0A2X) has a Cyclically Adjusted PB Ratio of 2.42 as of Aug. 12, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on TAL Education Group and its competitors. This is near median its historical median of 2.49. Over the past decade, TAL Education Group's Cyclically Adjusted PB Ratio has ranged from 0.78 to 50.43. According to the industry distribution chart, TAL Education Group ranks #121 out of 160 companies in the Education industry, placing it in the top 75.6%.
Is TAL Education Group's Cyclically Adjusted PB Ratio too high?
TAL Education Group's current Cyclically Adjusted PB Ratio of 2.42 is near median its 10-year median of 2.49. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 50.43. The Education industry median Cyclically Adjusted PB Ratio is 1.16. TAL Education Group's value of 2.42 is 108.6% above this industry median. Based on the distribution chart, TAL Education Group ranks #121 out of 160 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, TAL Education Group has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAL Education Group's Cyclically Adjusted PB Ratio compare to LAUR and CVSA?
According to the Education industry distribution chart, TAL Education Group ranks #121 out of 160 companies for Cyclically Adjusted PB Ratio. This places TAL Education Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. TAL Education Group's value of 2.42 is 108.6% above this benchmark. Historically, TAL Education Group's own Cyclically Adjusted PB Ratio has ranged from 0.78 to 50.43 over the past decade. While the company's 10-year median is 2.49 vs. the industry median of 1.16, TAL Education Group 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 Cyclically Adjusted PB Ratio for an Education company?
The median Cyclically Adjusted PB Ratio among Education companies is 1.16, based on 160 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TAL Education Group's current Cyclically Adjusted PB Ratio of 2.42 is 108.6% 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on TAL Education Group and its competitors. For the Education industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAL Education Group's current Cyclically Adjusted PB Ratio is 2.42, which is near median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAL Education Group stock overvalued right now?
Based on GuruFocus' analysis, TAL Education Group (LTS:0A2X) is currently considered Significantly Undervalued. The stock's GF Value™ is $19.22, compared to a current price of $12.20 — trading 36.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.42, which is near median its 10-year median of 2.49 and 108.6% above the Education industry median of 1.16. TAL Education Group's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For TAL Education Group (LTS:0A2X), the current Cyclically Adjusted PB Ratio is 2.42 as of Aug. 12, 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 TAL Education Group (LTS:0A2X) Overvalued in 2026?

Based on GuruFocus' analysis, TAL Education Group stock appears to be undervalued. The current stock price of $12.20 is trading 36.5% below its estimated GF Value™ of $19.22. GuruFocus considers TAL Education Group to be Significantly Undervalued.

Key valuation signals for LTS:0A2X:

  • Cyclically Adjusted PB Ratio: 2.42 (near median its 10-year median of 2.49)
  • GF Value™: $19.22 vs. price of $12.20 (36.5% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 108.6% above the Education median (#121 of 160)

No single metric tells the full story. See the LTS:0A2X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TAL Education Group Business Description

Address Qixin Middle Street, TAL Building No.1, Courtyard No. 9, Changping District, Beijing, CHN, 102200
TAL Education Group is a leading 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.
72GF Score

Get the complete analysis for LTS:0A2X

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.20
Price
$19.22
GF Value