New Oriental Education & Technology Group (BSP:E1DU34) Shiller PE Ratio : 90.19 (As of May. 12, 2024)

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What is New Oriental Education & Technology Group Shiller PE Ratio?

As of today (2024-05-12), New Oriental Education & Technology Group's current share price is R$28.86. New Oriental Education & Technology Group's E10 for the quarter that ended in Feb. 2024 was R$0.32. New Oriental Education & Technology Group's Shiller PE Ratio for today is 90.19.

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

BSP:E1DU34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.81 Med: 60.6 Max: 120.17
Current: 87.81

During the past years, New Oriental Education & Technology Group's highest Shiller PE Ratio was 120.17. The lowest was 9.81. And the median was 60.60.

BSP:E1DU34's Shiller PE Ratio is ranked worse than
93.75% of 96 companies
in the Education industry
Industry Median: 19.395 vs BSP:E1DU34: 87.81

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.

New Oriental Education & Technology Group's adjusted earnings per share data for the three months ended in Feb. 2024 was R$0.165. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.32 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

New Oriental Education & Technology Group Shiller PE Ratio Historical Data

The historical data trend for New Oriental Education & Technology Group's Shiller PE 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 Shiller PE Ratio Chart

New Oriental Education & Technology Group Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Shiller PE Ratio

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65.51

78.11

60.86

14.27

40.91

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
Shiller PE Ratio	Get a 7-Day Free Trial															41.74	40.91	58.52	86.60	97.58

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

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

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

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

New Oriental Education & Technology Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

New Oriental Education & Technology Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio	=	Share Price	/	E10
	=	28.86	/	0.32
	=	90.19

New Oriental Education & Technology Group's E10 for the quarter that ended in Feb. 2024 is calculated as:

For example, New Oriental Education & Technology Group's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS	=	Earnings per Share (Diluted)	/	CPI of Feb. 2024 (Change)	*	Current CPI (Feb. 2024)
	=	0.165	/	114.6694	*	114.6694
	=	0.165

Current CPI (Feb. 2024) = 114.6694.

New Oriental Education & Technology Group Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201405	0.040	98.300	0.047
201408	0.107	98.400	0.125
201411	0.003	98.600	0.003
201502	0.049	100.500	0.056
201505	0.047	99.500	0.054
201508	0.192	100.400	0.219
201511	0.010	100.100	0.011
201602	0.082	102.700	0.092
201605	0.064	101.600	0.072
201608	0.190	101.700	0.214
201611	0.016	102.400	0.018
201702	0.089	103.500	0.099
201705	0.075	103.300	0.083
201708	0.210	103.500	0.233
201711	0.007	104.200	0.008
201802	0.093	106.500	0.100
201805	0.099	104.900	0.108
201808	0.202	105.900	0.219
201811	-0.040	106.400	-0.043
201902	0.151	108.100	0.160
201905	0.072	107.800	0.077
201908	0.351	108.900	0.370
201911	0.094	111.200	0.097
202002	0.261	113.700	0.263
202005	0.030	110.400	0.031
202008	0.397	111.500	0.408
202011	0.120	110.700	0.124
202102	0.325	113.219	0.329
202105	-0.106	112.215	-0.108
202108	0.140	112.215	0.143
202111	-2.041	113.442	-2.063
202202	-0.243	114.335	-0.244
202205	-0.364	114.558	-0.364
202208	0.137	115.004	0.137
202211	0.002	115.227	0.002
202302	0.173	115.450	0.172
202305	0.066	114.781	0.066
202308	0.327	115.116	0.326
202311	0.065	114.669	0.065
202402	0.165	114.669	0.165

Add all the adjusted EPS together and divide 10 will get our E10.

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.

New Oriental Education & Technology Group (BSP:E1DU34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.

Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.

New Oriental Education & Technology Group Shiller PE Ratio Related Terms

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New Oriental Education & Technology Group (BSP:E1DU34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (BSP:E1DU34) » Definitions » Shiller PE Ratio

Comparable Companies

Traded in Other Exchanges

EDU:USA EDUN:Mexico 09901:Hong Kong 0K75:UK N1U0:Germany

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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