As of Nov 21, 2024, the EDU stock has a PE ratio of 24.05. The calculation is based on the latest EPS of $2.4 and the stock price of $57.71 per share. A decrease of 40% has been observed in the PE ratio compared to its average of 39.9 of the past four quarters.
The mean historical PE ratio of New Oriental Education & Technology Group over the last ten years is 39.86. The current 24.05 price-to-earnings ratio is 40% less than the historical average. Analyzing the last ten years, EDU's PE ratio reached its highest point in the Feb 2021 quarter at 75.91, with a price of $177.62 and an EPS of $2.34. The Feb 2015 quarter saw the lowest point at 15.09, with a price of $19.16 and an EPS of $1.27.
Maximum annual increase: 52.56% in 2016
Maximum annual decrease: -19.19% in 2020
Year | PE ratio | Change |
---|---|---|
2024 | 42.07 | 22.83% |
2023 | 34.25 | N/A |
2022 | N/A | N/A |
2021 | 51.15 | 10.86% |
2020 | 46.14 | -19.19% |
2019 | 57.1 | 7.35% |
2018 | 53.19 | 29.13% |
2017 | 41.19 | 39.39% |
2016 | 29.55 | 52.56% |
2015 | 19.37 | 3.53% |
The current PE ratio of EDU is under its 3, 5 and 10-year averages.
EDU's PE ratio is above its peer stock LRN.
Stock name | PE ratio | Market cap |
---|---|---|
LRN Stride Inc | 18.4 | $4.51B |
EDU New Oriental Education & Technology Group Inc. | 24.05 | $9.51B |
The price to earnings ratio for EDU stock is 24.05 as of Nov 21, 2024.
The 3-year average PE ratio for EDU stock is 37.65.
The 5-year average PE ratio for EDU stock is 45.83.
The highest quarterly PE ratio in the last ten years has been 75.91 and it was in the Feb 2021 quarter.
EDU's current price to earnings ratio is 40% below its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), New Oriental Education & Technology Group's share price is $57.71. The company's earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $2.4. Therefore, New Oriental Education & Technology Group's price to earnings ratio for today is 24.05. PE RATIO(24.05) = STOCK PRICE($57.71) / TTM EPS($2.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.