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New Oriental Education & Technology Group (STU:N1U0) Cyclically Adjusted Revenue per Share : €1.63 (As of Feb. 2024)


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What is New Oriental Education & Technology Group Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

New Oriental Education & Technology Group's adjusted revenue per share for the three months ended in Feb. 2024 was €0.669. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €1.63 for the trailing ten years ended in Feb. 2024.

During the past 12 months, New Oriental Education & Technology Group's average Cyclically Adjusted Revenue Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of New Oriental Education & Technology Group was 24.40% per year. The lowest was 12.70% per year. And the median was 21.55% per year.

As of today (2024-05-26), New Oriental Education & Technology Group's current stock price is €7.10. New Oriental Education & Technology Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was €1.63. New Oriental Education & Technology Group's Cyclically Adjusted PS Ratio of today is 4.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of New Oriental Education & Technology Group was 15.80. The lowest was 0.67. And the median was 8.48.


New Oriental Education & Technology Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for New Oriental Education & Technology Group's Cyclically Adjusted Revenue per Share 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.

New Oriental Education & Technology Group Cyclically Adjusted Revenue per Share Chart

New Oriental Education & Technology Group Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.14 1.44 1.55

New Oriental Education & Technology 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 Revenue per Share 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 1.52 1.55 1.50 1.53 1.63

Competitive Comparison of New Oriental Education & Technology Group's Cyclically Adjusted Revenue per Share

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


New Oriental Education & Technology Group's Cyclically Adjusted PS Ratio Distribution in the Education Industry

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

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



New Oriental Education & Technology Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, New Oriental Education & Technology 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)
=0.669/116.2310*116.2310
=0.669

Current CPI (Feb. 2024) = 116.2310.

New Oriental Education & Technology Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 0.132 98.300 0.156
201408 0.187 98.400 0.221
201411 0.120 98.600 0.141
201502 0.162 100.500 0.187
201505 0.188 99.500 0.220
201508 0.262 100.400 0.303
201511 0.165 100.100 0.192
201602 0.198 102.700 0.224
201605 0.222 101.600 0.254
201608 0.302 101.700 0.345
201611 0.200 102.400 0.227
201702 0.260 103.500 0.292
201705 0.278 103.300 0.313
201708 0.354 103.500 0.398
201711 0.251 104.200 0.280
201802 0.316 106.500 0.345
201805 0.373 104.900 0.413
201808 0.468 105.900 0.514
201811 0.330 106.400 0.360
201902 0.442 108.100 0.475
201905 0.474 107.800 0.511
201908 0.603 108.900 0.644
201911 0.446 111.200 0.466
202002 0.531 113.700 0.543
202005 0.459 110.400 0.483
202008 0.522 111.500 0.544
202011 0.464 110.700 0.487
202102 0.581 113.219 0.596
202105 0.588 112.215 0.609
202108 0.656 112.215 0.679
202111 0.340 113.442 0.348
202202 0.319 114.335 0.324
202205 0.292 114.558 0.296
202208 0.432 115.004 0.437
202211 0.370 115.227 0.373
202302 0.419 115.450 0.422
202305 0.475 114.781 0.481
202308 0.606 115.116 0.612
202311 0.481 114.669 0.488
202402 0.669 116.231 0.669

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


New Oriental Education & Technology Group  (STU:N1U0) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

New Oriental Education & Technology Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.10/1.63
=4.36

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of New Oriental Education & Technology Group was 15.80. The lowest was 0.67. And the median was 8.48.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


New Oriental Education & Technology Group Cyclically Adjusted Revenue per Share Related Terms

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New Oriental Education & Technology Group (STU:N1U0) Business Description

Address
No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080
New Oriental is a leading private education provider in China. K-9 academic after-school tutoring used to account for 50%-60% of New Oriental's revenue before the regulatory crackdown in 2021. After terminating its K-9 academic after-school tutoring business, New Oriental has identified a few new initiatives such as nonacademic tutoring and intelligent learning systems and devices. The remaining businesses include high school academic after-school tutoring and overseas-related test preparation and consulting business. It also owns 55.7% of East Buy (HKG: 01797), a market leader in livestreaming e-commerce.

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