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TAL Education Group (TAL Education Group) Cyclically Adjusted PS Ratio : 3.74 (As of Apr. 27, 2024)


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What is TAL Education Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), TAL Education Group's current share price is $13.41. TAL Education Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2023 was $3.59. TAL Education Group's Cyclically Adjusted PS Ratio for today is 3.74.

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

TAL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 3.37   Max: 37.58
Current: 3.72

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 3.37.

TAL's Cyclically Adjusted PS Ratio is ranked worse than
82.27% of 141 companies
in the Education industry
Industry Median: 1.07 vs TAL: 3.72

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 Nov. 2023 was $0.622. 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 $3.59 for the trailing ten years ended in Nov. 2023.

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 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.43 27.14 28.80 0.84 2.01

TAL Education Group Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 1.72 2.01 1.55 1.98 3.49

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
=13.41/3.59
=3.74

* 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.

TAL Education Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, TAL Education Group's adjusted Revenue per Share data for the three months ended in Nov. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0.622/114.6694*114.6694
=0.622

Current CPI (Nov. 2023) = 114.6694.

TAL Education Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201402 0.184 99.100 0.213
201405 0.184 98.300 0.215
201408 0.225 98.400 0.262
201411 0.201 98.600 0.234
201502 0.258 100.500 0.294
201505 0.236 99.500 0.272
201508 0.316 100.400 0.361
201511 0.287 100.100 0.329
201602 0.315 102.700 0.352
201605 0.384 101.600 0.433
201608 0.480 101.700 0.541
201611 0.504 102.400 0.564
201702 0.559 103.500 0.619
201705 0.559 103.300 0.621
201708 0.787 103.500 0.872
201711 0.745 104.200 0.820
201802 0.929 106.500 1.000
201805 0.916 104.900 1.001
201808 1.164 105.900 1.260
201811 0.978 106.400 1.054
201902 1.209 108.100 1.282
201905 1.138 107.800 1.211
201908 1.538 108.900 1.619
201911 1.334 111.200 1.376
202002 1.436 113.700 1.448
202005 1.457 110.400 1.513
202008 1.764 111.500 1.814
202011 1.846 110.700 1.912
202102 2.142 113.219 2.169
202105 2.147 112.215 2.194
202108 2.247 112.215 2.296
202111 1.585 113.442 1.602
202202 0.837 114.335 0.839
202205 0.347 114.558 0.347
202208 0.463 115.004 0.462
202211 0.366 115.227 0.364
202302 0.423 115.450 0.420
202305 0.434 114.781 0.434
202308 0.673 115.116 0.670
202311 0.622 114.669 0.622

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  (NYSE:TAL) 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 (TAL Education Group) Business Description

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 (TAL Education Group) Headlines

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