New Oriental Education & Technology

NYSE EDU

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New Oriental Education & Technology Price to Sales Ratio (P/S) on June 03, 2024: 3.46

New Oriental Education & Technology Price to Sales Ratio (P/S) is 3.46 on June 03, 2024, a 38.57% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.
  • New Oriental Education & Technology 52-week high Price to Sales Ratio (P/S) is 4.80 on April 19, 2024, which is 38.73% above the current Price to Sales Ratio (P/S).
  • New Oriental Education & Technology 52-week low Price to Sales Ratio (P/S) is 2.20 on June 23, 2023, which is -36.42% below the current Price to Sales Ratio (P/S).
  • New Oriental Education & Technology average Price to Sales Ratio (P/S) for the last 52 weeks is 3.52.
NYSE: EDU

New Oriental Education & Technology

CEO Mr. Minhong Yu
IPO Date Sept. 7, 2006
Location China
Headquarters No. 6 Hai Dian Zhong Street, Beijing, China, 100080
Employees 50,438
Sector Consumer Defensive
Industry Education & training services
Description

New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People's Republic of China. The company operates through four segments: Educational Services and Test Preparation Courses; Online Education and Other Services; Overseas Study Consulting Services; and Educational Materials and Distribution. It offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the Commonwealth countries, and the People's Republic of China. The company also provides non-academic tutoring courses; intelligent learning systems and devices to offer a digital learning experience for students; and overseas studies consulting services. In addition, it offers online education services through the Koolearn.com platform that provides comprehensive online education courses, including college educational services, such as college test preparation, overseas test preparation, and English language learning for college students and working professionals preparing for standardized tests or seeking to enhance their English language proficiency; and educational content packages to schools and institutional customers, including universities, public libraries, telecom operators, and online video streaming providers. Further, the company develops and edits educational materials for language training and test preparation. In addition, it offers educational programs, services, and products to students through schools; learning centers; and bookstores, as well as through its online learning platforms. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China.

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StockViz Staff

September 16, 2024

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