EDU (New Oriental Education & Technology Group) PB Ratio : 2.51 (As of Dec. 14, 2024)

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What is New Oriental Education & Technology Group PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-14), New Oriental Education & Technology Group's share price is $61.03. New Oriental Education & Technology Group's Book Value per Share for the quarter that ended in Aug. 2024 was $24.27. Hence, New Oriental Education & Technology Group's PB Ratio of today is 2.51.

Good Sign:

New Oriental Education & Technology Group Inc stock PB Ratio (=2.51) is close to 1-year low of 2.3

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

EDU' s PB Ratio Range Over the Past 10 Years
Min: 0.43 Med: 4.47 Max: 9.42
Current: 2.51

During the past 13 years, New Oriental Education & Technology Group's highest PB Ratio was 9.42. The lowest was 0.43. And the median was 4.47.

EDU's PB Ratio is ranked worse than
66.02% of 259 companies
in the Education industry
Industry Median: 1.55 vs EDU: 2.51

During the past 12 months, New Oriental Education & Technology Group's average Book Value Per Share Growth Rate was 7.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of New Oriental Education & Technology Group was 106.80% per year. The lowest was -8.80% per year. And the median was 19.20% per year.

Back to Basics: PB Ratio

New Oriental Education & Technology Group PB Ratio Historical Data

The historical data trend for New Oriental Education & Technology Group's 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.

* Premium members only.

New Oriental Education & Technology Group PB Ratio Chart

New Oriental Education & Technology Group Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

PB Ratio

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6.96

3.52

0.60

1.72

3.49

New Oriental Education & Technology Group Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
PB Ratio	Get a 7-Day Free Trial															2.40	3.52	3.98	3.49	2.53

Competitive Comparison of New Oriental Education & Technology Group's PB Ratio

For the Education & Training Services subindustry, New Oriental Education & Technology Group's PB Ratio, along with its competitors' market caps and 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's PB Ratio Distribution in the Education Industry

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

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

New Oriental Education & Technology Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

New Oriental Education & Technology Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Aug. 2024)
	=	61.03	/	24.269
	=	2.51

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

New Oriental Education & Technology Group (NYSE:EDU) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

New Oriental Education & Technology Group PB Ratio Related Terms

Thank you for viewing the detailed overview of New Oriental Education & Technology Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

New Oriental Education & Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (NYSE:EDU) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

EDUN:Mexico 09901:Hong Kong N1U0:Germany N1U0:Germany N1UA:Germany N1UA:Germany E1DU34:Brazil

Address

No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080

Website

https://www.neworiental.org

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. The company also owns 55% of East Buy, a market leader in livestreaming e-commerce.