Are Investors Undervaluing New Oriental Education & Technology Group (EDU) Right Now?

One stock to keep an eye on is New Oriental Education & Technology Group (EDU) . EDU is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 13.06, which compares to its industry's average of 14.58. EDU's Forward P/E has been as high as 20.90 and as low as 11.51, with a median of 14.87, all within the past year. Investors should also recognize that EDU has a P/B ratio of 2. The P/B is a method of comparing a stock's market value to its book value, ...