New Oriental Education & Technology Group (LTS:0K75) Cyclically Adjusted PB Ratio: 2.74 (As of Aug. 05, 2026) — 58% Below Median

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LTS:0K75 New Oriental Education & Technology Group Inc LTS:0K75
85 GF Score
Price $55.95
GF Value $74.34
Valuation Modestly Undervalued
! 4 Warning Signs
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What is New Oriental Education & Technology Group Cyclically Adjusted PB Ratio?

New Oriental Education & Technology Group LTS:0K75 -5.54% 85 Cyclically Adjusted PB Ratio is 2.74 as of Aug. 05, 2026, which is 58% below its 10-year median of 6.48. GuruFocus rates LTS:0K75 with a GF Score™ of 85/100 and a GF Value™ of $74.34 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 160 Education companies, New Oriental Education & Technology Group ranks worse than 76.88% on this metric.

As of today (2026-08-05), New Oriental Education & Technology Group's current share price is $55.95. New Oriental Education & Technology Group's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was $20.45. New Oriental Education & Technology Group's Cyclically Adjusted PB Ratio for today is 2.74.

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

LTS:0K75' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 6.48   Max: 18.94
Current: 2.94

During the past years, New Oriental Education & Technology Group's highest Cyclically Adjusted PB Ratio was 18.94. The lowest was 0.78. And the median was 6.48.

LTS:0K75's Cyclically Adjusted PB Ratio is ranked worse than
76.88% of 160 companies
in the Education industry
Industry Median: 1.09 vs LTS:0K75: 2.94

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.

New Oriental Education & Technology Group's adjusted book value per share data for the three months ended in May. 2026 was $25.188. 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 $20.45 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Oriental Education & Technology Group  (LTS:0K75) 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.


New Oriental Education & Technology Group Cyclically Adjusted PB Ratio Related Terms


New Oriental Education & Technology Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for New Oriental Education & Technology 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.

New Oriental Education & Technology Group Cyclically Adjusted PB Ratio Chart

New Oriental Education & Technology Group Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 2.49 4.76 2.59 2.28

New Oriental Education & Technology 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 2.59 2.56 2.67 2.76 2.28

LTS:0K75 vs TAL, LAUR, CVSA: Cyclically Adjusted PB Ratio Comparison

For the Education & Training Services subindustry, New Oriental Education & Technology 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.


New Oriental Education & Technology Group Cyclically Adjusted PB Ratio vs Education Industry

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

* The bar in red indicates where New Oriental Education & Technology Group's Cyclically Adjusted PB Ratio falls into.


LTS:0K75
85GF Score
New Oriental Education & Technology Group Inc LTS:0K75
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Oriental Education & Technology 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.

New Oriental Education & Technology Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=55.95/20.45
=2.74

* 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.

New Oriental Education & Technology Group's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, New Oriental Education & Technology 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)
=25.188/116.4107*116.4107
=25.188

Current CPI (May. 2026) = 116.4107.

New Oriental Education & Technology Group Quarterly Data

Book Value per Share CPI Adj_Book
201608 9.752 101.700 11.163
201611 9.599 102.400 10.912
201702 9.984 103.500 11.229
201705 10.660 103.300 12.013
201708 11.533 103.500 12.972
201711 11.503 104.200 12.851
201802 12.815 106.500 14.008
201805 12.580 104.900 13.960
201808 12.578 105.900 13.826
201811 12.298 106.400 13.455
201902 13.136 108.100 14.146
201905 14.955 107.800 16.150
201908 15.815 108.900 16.906
201911 16.376 111.200 17.143
202002 17.376 113.700 17.790
202005 17.240 110.400 18.179
202008 19.012 111.500 19.849
202011 27.643 110.700 29.069
202102 28.886 113.219 29.700
202105 29.071 112.215 30.158
202108 0.000 112.215 0.000
202111 24.188 113.442 24.821
202202 23.802 114.335 24.234
202205 21.836 114.558 22.189
202208 21.808 115.004 22.075
202211 21.226 115.227 21.444
202302 22.673 115.450 22.862
202305 21.935 114.781 22.246
202308 22.591 115.116 22.845
202311 23.138 114.669 23.489
202402 23.514 116.231 23.550
202405 22.919 115.116 23.177
202408 24.269 115.785 24.400
202411 22.625 114.893 22.924
202502 23.326 115.339 23.543
202505 23.172 115.030 23.450
202508 24.837 115.363 25.062
202511 24.418 115.715 24.565
202602 25.675 116.875 25.573
202605 25.188 116.411 25.188

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 2.74 mean?
New Oriental Education & Technology Group (LTS:0K75) has a Cyclically Adjusted PB Ratio of 2.74 as of Aug. 05, 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 New Oriental Education & Technology Group and its competitors. This is 58% below median its historical median of 6.48. Over the past decade, New Oriental Education & Technology Group's Cyclically Adjusted PB Ratio has ranged from 0.78 to 18.94. According to the industry distribution chart, New Oriental Education & Technology Group ranks #123 out of 160 companies in the Education industry, placing it in the top 76.9%.
Is New Oriental Education & Technology Group's Cyclically Adjusted PB Ratio too high?
New Oriental Education & Technology Group's current Cyclically Adjusted PB Ratio of 2.74 is 58% below median its 10-year median of 6.48. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 18.94. The Education industry median Cyclically Adjusted PB Ratio is 1.09. New Oriental Education & Technology Group's value of 2.74 is 151.4% above this industry median. Based on the distribution chart, New Oriental Education & Technology Group ranks #123 out of 160 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, New Oriental Education & Technology Group has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Oriental Education & Technology Group's Cyclically Adjusted PB Ratio compare to TAL and LAUR?
According to the Education industry distribution chart, New Oriental Education & Technology Group ranks #123 out of 160 companies for Cyclically Adjusted PB Ratio. This places New Oriental Education & Technology Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.09. New Oriental Education & Technology Group's value of 2.74 is 151.4% above this benchmark. Historically, New Oriental Education & Technology Group's own Cyclically Adjusted PB Ratio has ranged from 0.78 to 18.94 over the past decade. While the company's 10-year median is 6.48 vs. the industry median of 1.09, New Oriental Education & Technology 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 1.09, 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. New Oriental Education & Technology Group's current Cyclically Adjusted PB Ratio of 2.74 is 151.4% 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 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 New Oriental Education & Technology Group and its competitors. For the Education industry, the median Cyclically Adjusted PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Oriental Education & Technology Group's current Cyclically Adjusted PB Ratio is 2.74, which is 58% below median its own 10-year median of 6.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Oriental Education & Technology Group stock overvalued right now?
Based on GuruFocus' analysis, New Oriental Education & Technology Group (LTS:0K75) is currently considered Modestly Undervalued. The stock's GF Value™ is $74.34, compared to a current price of $55.95 — trading 24.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.74, which is 58% below median its 10-year median of 6.48 and 151.4% above the Education industry median of 1.09. New Oriental Education & Technology Group's overall GF Score™ is 85/100 with 4 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 New Oriental Education & Technology Group (LTS:0K75), the current Cyclically Adjusted PB Ratio is 2.74 as of Aug. 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 New Oriental Education & Technology Group (LTS:0K75) Overvalued in 2026?

Based on GuruFocus' analysis, New Oriental Education & Technology Group stock appears to be undervalued. The current stock price of $55.95 is trading 24.7% below its estimated GF Value™ of $74.34. GuruFocus considers New Oriental Education & Technology Group to be Modestly Undervalued.

Key valuation signals for LTS:0K75:

  • Cyclically Adjusted PB Ratio: 2.74 (58% below median its 10-year median of 6.48)
  • GF Value™: $74.34 vs. price of $55.95 (24.7% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 151.4% above the Education median (#123 of 160)

No single metric tells the full story. See the LTS:0K75 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Oriental Education & Technology Group Business Description

Address No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080
New Oriental Education & Technology is a prominent private education provider in China, offering a wide array of educational services. These include overseas test preparation and consulting services, high school academic tutoring, nonacademic tutoring, and intelligent learning systems and devices. Additionally, the company holds a 57% ownership stake in East Buy, a leading player in the livestreaming e-commerce market.
85GF Score

Get the complete analysis for LTS:0K75

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

$55.95
Price
$74.34
GF Value