New Oriental
EDU
#1222
Rank
$14.54 B
Marketcap
$85.99
Share price
-3.03%
Change (1 day)
132.03%
Change (1 year)
Categories

P/E ratio for New Oriental (EDU)

P/E ratio as of March 2024 (TTM): 50.5

According to New Oriental's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 50.4538. At the end of 2022 the company had a P/E ratio of -24.9.

P/E ratio history for New Oriental from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-24.9434.61%
2021-4.67-106.05%
202077.162.15%
201947.526.66%
201837.5-27.71%
201751.991.2%
201627.217.75%
201523.143.53%
201416.1-38.27%
201326.03.17%
201225.2-9.77%
201128.0-41.53%
201047.821.46%
200939.419.05%
200833.1-54.85%
200773.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.6-75.04%๐Ÿ‡บ๐Ÿ‡ธ USA
21.8-56.87%๐Ÿ‡บ๐Ÿ‡ธ USA
23.1-54.21%๐Ÿ‡ฌ๐Ÿ‡ง UK
17.4-65.53%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.