New Tangible Book Value Per Share from 2010 to 2024

EDU Stock  USD 57.36  0.35  0.61%   
New Oriental Tangible Book Value Per Share yearly trend continues to be comparatively stable with very little volatility. Tangible Book Value Per Share is likely to outpace its year average in 2024. From the period from 2010 to 2024, New Oriental Tangible Book Value Per Share quarterly data regression had r-value of  0.94 and coefficient of variation of  62.65. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
23.71758645
Current Value
24.9
Quarterly Volatility
8.84241893
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check New Oriental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Oriental's main balance sheet or income statement drivers, such as Depreciation And Amortization of 112.2 M, Interest Expense of 283.1 K or Selling And Marketing Expenses of 693.6 M, as well as many indicators such as Price To Sales Ratio of 2.91, Dividend Yield of 0.0049 or PTB Ratio of 3.33. New financial statements analysis is a perfect complement when working with New Oriental Valuation or Volatility modules.
  
Check out the analysis of New Oriental Correlation against competitors.

Latest New Oriental's Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of New Oriental Education over the last few years. It is New Oriental's Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Oriental's overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

New Tangible Book Value Per Share Regression Statistics

Arithmetic Mean14.11
Geometric Mean9.79
Coefficient Of Variation62.65
Mean Deviation7.52
Median12.36
Standard Deviation8.84
Sample Variance78.19
Range29.7196
R-Value0.94
Mean Square Error9.72
R-Squared0.88
Slope1.86
Total Sum of Squares1,095

New Tangible Book Value Per Share History

2024 24.9
2023 23.72
2022 21.93
2021 21.91
2020 29.94
2019 17.5
2018 15.32

About New Oriental Financial Statements

New Oriental shareholders use historical fundamental indicators, such as Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although New Oriental investors may analyze each financial statement separately, they are all interrelated. The changes in New Oriental's assets and liabilities, for example, are also reflected in the revenues and expenses on on New Oriental's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tangible Book Value Per Share 23.72  24.90 

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Additional Tools for New Stock Analysis

When running New Oriental's price analysis, check to measure New Oriental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Oriental is operating at the current time. Most of New Oriental's value examination focuses on studying past and present price action to predict the probability of New Oriental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Oriental's price. Additionally, you may evaluate how the addition of New Oriental to your portfolios can decrease your overall portfolio volatility.