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TAL Education Group (BSP:T1AL34) Cyclically Adjusted PS Ratio : 3.43 (As of May. 01, 2024)


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What is TAL Education Group Cyclically Adjusted PS Ratio?

As of today (2024-05-01), TAL Education Group's current share price is R$6.20. TAL Education Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was R$1.81. TAL Education Group's Cyclically Adjusted PS Ratio for today is 3.43.

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

BSP:T1AL34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 3.52   Max: 37.58
Current: 3.48

During the past years, TAL Education Group's highest Cyclically Adjusted PS Ratio was 37.58. The lowest was 0.60. And the median was 3.52.

BSP:T1AL34's Cyclically Adjusted PS Ratio is ranked worse than
82.27% of 141 companies
in the Education industry
Industry Median: 1.09 vs BSP:T1AL34: 3.48

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

TAL Education Group's adjusted revenue per share data for the three months ended in Feb. 2024 was R$10.387. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$1.81 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TAL Education Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TAL Education Group's Cyclically Adjusted PS 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 PS Ratio Chart

TAL Education Group Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.14 28.80 0.84 2.01 4.05

TAL Education Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted PS 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 2.01 1.55 1.98 3.49 4.05

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

For the Education & Training Services subindustry, TAL Education Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio Distribution in the Education Industry

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

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



TAL Education Group Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.20/1.81
=3.43

* 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 Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, TAL Education Group's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=10.387/114.6694*114.6694
=10.387

Current CPI (Feb. 2024) = 114.6694.

TAL Education Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 1.223 98.300 1.427
201408 1.533 98.400 1.786
201411 1.539 98.600 1.790
201502 2.182 100.500 2.490
201505 2.163 99.500 2.493
201508 3.337 100.400 3.811
201511 3.257 100.100 3.731
201602 3.747 102.700 4.184
201605 4.074 101.600 4.598
201608 4.622 101.700 5.211
201611 5.044 102.400 5.648
201702 5.208 103.500 5.770
201705 5.376 103.300 5.968
201708 7.428 103.500 8.230
201711 7.293 104.200 8.026
201802 9.060 106.500 9.755
201805 9.977 104.900 10.906
201808 13.733 105.900 14.870
201811 11.113 106.400 11.977
201902 13.507 108.100 14.328
201905 13.633 107.800 14.502
201908 18.555 108.900 19.538
201911 16.634 111.200 17.153
202002 18.727 113.700 18.887
202005 24.654 110.400 25.607
202008 28.939 111.500 29.762
202011 30.179 110.700 31.261
202102 34.786 113.219 35.232
202105 34.048 112.215 34.793
202108 35.380 112.215 36.154
202111 26.474 113.442 26.760
202202 13.057 114.335 13.095
202205 5.169 114.558 5.174
202208 7.143 115.004 7.122
202211 5.792 115.227 5.764
202302 6.574 115.450 6.530
202305 6.493 114.781 6.487
202308 9.904 115.116 9.866
202311 9.141 114.669 9.141
202402 10.387 114.669 10.387

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


TAL Education Group Cyclically Adjusted PS Ratio Related Terms

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


TAL Education Group (BSP:T1AL34) 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. K-9 academic afterschool tutoring used to account for the majority of TAL's revenue before the regulatory changes in 2021 that imposed a nonprofit requirement on the business. After spinning off its K-9 academic afterschool tutoring business, TAL realigned its focus toward enrichment learning, content solutions, and learning technology solutions.

TAL Education Group (BSP:T1AL34) Headlines

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