New Oriental Education & Technology Group (HKSE:09901) Book Value per Share : HK$18.31 (As of Feb. 2024)

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What is New Oriental Education & Technology Group Book Value per Share?

New Oriental Education & Technology Group's book value per share for the quarter that ended in Feb. 2024 was HK$18.31.

During the past 12 months, New Oriental Education & Technology Group's average Book Value Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 17.10% 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 book value growth rate using book value per share data.

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 20.30% per year.

New Oriental Education & Technology Group's current price is HK$60.15. Its book value per share for the quarter that ended in Feb. 2024 was HK$18.31. Hence, today's PB Ratio of New Oriental Education & Technology Group is 3.29.

During the past 13 years, the highest P/B Ratio of New Oriental Education & Technology Group was 9.42. The lowest was 0.43. And the median was 4.39.

New Oriental Education & Technology Group Book Value per Share Historical Data

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

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New Oriental Education & Technology Group Book Value per Share Chart

New Oriental Education & Technology Group Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Book Value per Share

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11.74

13.37

22.58

17.14

17.19

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
Book Value per Share	Get a 7-Day Free Trial															17.79	17.19	17.68	18.06	18.31

Competitive Comparison of New Oriental Education & Technology Group's Book Value per Share

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 Book Value per Share Calculation

New Oriental Education & Technology Group's Book Value Per Share for the fiscal year that ended in May. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(28,248	-	0)	/	1,643
	=	17.19

New Oriental Education & Technology Group's Book Value Per Share for the quarter that ended in Feb. 2024 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(30,301	-	0)	/	1,655
	=	18.31

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

New Oriental Education & Technology Group (HKSE:09901) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

New Oriental Education & Technology Group Book Value per Share Related Terms

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New Oriental Education & Technology Group (HKSE:09901) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (HKSE:09901) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

EDU:USA EDUN:Mexico 0K75:UK N1U0: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. It also owns 55.7% of East Buy (HKG: 01797), a market leader in livestreaming e-commerce.

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