New Oriental Education & Technology Group (MEX:EDUN) Cyclically Adjusted PB Ratio: 2.28 (As of Aug. 06, 2026) — 65% Below Median

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MEX:EDUN New Oriental Education & Technology Group Inc MEX:EDUN
76 GF Score
Price MXN966.48
GF Value MXN1,259.84
! 3 Warning Signs
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What is New Oriental Education & Technology Group Cyclically Adjusted PB Ratio?

New Oriental Education & Technology Group MEX:EDUN 76 Cyclically Adjusted PB Ratio is 2.28 as of Aug. 06, 2026, which is 65% below its 10-year median of 6.48. GuruFocus rates MEX:EDUN with a GF Score™ of 76/100 and a GF Value™ of MXN1,259.84. The stock has 3 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 (2026-08-06), New Oriental Education & Technology Group's current share price is MXN966.48. New Oriental Education & Technology Group's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was MXN423.82. New Oriental Education & Technology Group's Cyclically Adjusted PB Ratio for today is 2.28.

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:

MEX:EDUN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 6.48   Max: 18.94
Current: 2.84

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.

MEX:EDUN's Cyclically Adjusted PB Ratio is ranked worse than
76.88% of 160 companies
in the Education industry
Industry Median: 1.09 vs MEX:EDUN: 2.84

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 MXN437.001. 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 MXN423.82 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Oriental Education & Technology Group  (MEX:EDUN) 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

MEX:EDUN 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.


MEX:EDUN
76GF Score
New Oriental Education & Technology Group Inc MEX:EDUN
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
=966.48/423.82
=2.28

* 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)
=437.001/116.4107*116.4107
=437.001

Current CPI (May. 2026) = 116.4107.

New Oriental Education & Technology Group Quarterly Data

Book Value per Share CPI Adj_Book
201608 183.811 101.700 210.399
201611 196.356 102.400 223.222
201702 199.653 103.500 224.558
201705 198.863 103.300 224.102
201708 205.145 103.500 230.735
201711 214.333 104.200 239.450
201802 241.448 106.500 263.917
201805 251.597 104.900 279.205
201808 241.660 105.900 265.645
201811 249.628 106.400 273.114
201902 253.062 108.100 272.517
201905 293.901 107.800 317.377
201908 317.365 108.900 339.253
201911 320.041 111.200 335.038
202002 342.826 113.700 350.999
202005 382.220 110.400 403.030
202008 415.989 111.500 434.310
202011 557.007 110.700 585.741
202102 604.719 113.219 621.765
202105 579.390 112.215 601.051
202108 0.000 112.215 0.000
202111 518.898 113.442 532.475
202202 485.637 114.335 494.455
202205 429.733 114.558 436.684
202208 438.044 115.004 443.402
202211 411.071 115.227 415.293
202302 415.932 115.450 419.392
202305 389.328 114.781 394.856
202308 381.361 115.116 385.651
202311 402.042 114.669 408.147
202402 401.093 116.231 401.713
202405 389.486 115.116 393.868
202408 478.712 115.785 481.300
202411 461.112 114.893 467.205
202502 478.781 115.339 483.231
202505 450.238 115.030 455.641
202508 468.434 115.363 472.687
202511 447.345 115.715 450.035
202602 442.148 116.875 440.392
202605 437.001 116.411 437.001

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 2.28 mean?
New Oriental Education & Technology Group (MEX:EDUN) has a Cyclically Adjusted PB Ratio of 2.28 as of Aug. 06, 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 65% 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 2.28 is 65% 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 2.28 is 109.2% 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 76/100, 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 2.28 is 109.2% 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 2.28 is 109.2% 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 2.28, which is 65% 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?
New Oriental Education & Technology Group (MEX:EDUN) has a current Cyclically Adjusted PB Ratio of 2.28. The stock's GF Value™ is MXN1,259.84, compared to a current price of MXN966.48 — trading 23.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.28, which is 65% below median its 10-year median of 6.48 and 109.2% above the Education industry median of 1.09. New Oriental Education & Technology Group's overall GF Score™ is 76/100 with 3 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 (MEX:EDUN), the current Cyclically Adjusted PB Ratio is 2.28 as of Aug. 06, 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 (MEX:EDUN) Overvalued in 2026?

Based on GuruFocus' analysis, New Oriental Education & Technology Group stock appears to be undervalued. The current stock price of MXN966.48 is trading 23.3% below its estimated GF Value™ of MXN1,259.84.

Key valuation signals for MEX:EDUN:

  • Cyclically Adjusted PB Ratio: 2.28 (65% below median its 10-year median of 6.48)
  • GF Value™: MXN1,259.84 vs. price of MXN966.48 (23.3% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 109.2% above the Education median (#123 of 160)

No single metric tells the full story. See the MEX:EDUN 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.
76GF Score

Get the complete analysis for MEX:EDUN

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

MXN966.48
Price
MXN1,259.84
GF Value