New Oriental Education & Technology Group (New Oriental Education & Technology Group) 3-Year Book Growth Rate : 8.40% (As of Feb. 2024)

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What is New Oriental Education & Technology Group 3-Year Book Growth Rate?

New Oriental Education & Technology Group's Book Value per Share for the quarter that ended in Feb. 2024 was $23.41.

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 average Book Value per Share growth rate.

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.

Competitive Comparison of New Oriental Education & Technology Group's 3-Year Book Growth Rate

For the Education & Training Services subindustry, New Oriental Education & Technology Group's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 3-Year Book Growth Rate Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, New Oriental Education & Technology Group's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where New Oriental Education & Technology Group's 3-Year Book Growth Rate falls into.

New Oriental Education & Technology Group 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 average Book Value per Share growth rate.

New Oriental Education & Technology Group (NYSE:EDU) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

New Oriental Education & Technology Group 3-Year Book Growth Rate Related Terms

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New Oriental Education & Technology Group (New Oriental Education & Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (NYSE:EDU) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

EDUN:Mexico 09901:Hong Kong 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.