As of Sep 28, 2023, the TNET stock has a P/E ratio of 20.91. The calculation is based on the latest EPS of $5.62 and the stock price of $117.52 per share. An increase of 51% has been observed in the PE ratio compared to its average of 13.9 of the past four quarters.
The mean historical PE ratio of Trinet Group over the last nine years is 29.67. The current 20.91 price-to-earnings ratio is 30% less than the historical average. Analyzing the last nine years, TNET's PE ratio reached its highest point in the Dec 2014 quarter at 130.33, with a price of $31.28 and an EPS of $0.24. The Mar 2020 quarter saw the lowest point at 10.88, with a price of $37.66 and an EPS of $3.46.
Maximum annual increase: 20.75% in 2019
Maximum annual decrease: -67.01% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 11.98 | -35.49% |
| 2021 | 18.57 | -7.15% |
| 2020 | 20 | 7.41% |
| 2019 | 18.62 | 20.75% |
| 2018 | 15.42 | -10.61% |
| 2017 | 17.25 | -40.74% |
| 2016 | 29.11 | -32.3% |
| 2015 | 43 | -67.01% |
| 2014 | 130.33 | N/A |
| 2013 | N/A | N/A |
Currently, TNET's PE ratio is above its 3 and 5-year averages.
TNET's PE ratio is less than its peer stocks ADP and PAYX, but it is above NSP's and BBSI's. Trinet Group is currently trading at a lower PE ratio (20.91) than its peers average of 29.45.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BBSI Barrett Business Services Inc | 13.3 | $607.75M |
| NSP Insperity Inc | 20.32 | $3.73B |
| TNET Trinet Group Inc | 21.01 | $7.05B |
| CBZ CBIZ Inc | 22.5 | $2.6B |
| PAYX Paychex Inc | 26.16 | $41.86B |
| ADP Automatic Data Processing Inc | 29.3 | $99.58B |
| EFX Equifax Inc | 43.06 | $22.62B |
| TW Tradeweb Markets Inc | 50.03 | $18.78B |
The price to earnings ratio for TNET stock as of Sep 28, 2023, stands at 20.91.
The 3-year average PE ratio for TNET stock is 16.41.
The 5-year average PE ratio for TNET stock is 17.04.
The highest quarterly PE ratio in the last nine years has been 130.33 and it was in the Dec 2014 quarter.
TNET's current price to earnings ratio is 30% below its 9-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 (Sep 28, 2023), Trinet Group's share price is $117.52. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $5.62. Therefore, Trinet Group's price to earnings ratio for today is 20.91. PE RATIO(20.91) = STOCK PRICE($117.52) / TTM EPS($5.62)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.