As of Nov 21, 2024, the TNET stock has a P/E ratio of 17.45. The calculation is based on the latest EPS of $5.29 and the stock price of $92.31 per share. A decrease of 6% has been observed in the PE ratio compared to its average of 18.5 of the past four quarters.
The mean historical PE ratio of Trinet Group over the last ten years is 26.46. The current 17.45 price-to-earnings ratio is 34% less than the historical average. Analyzing the last ten 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: 50.17% in 2023
Maximum annual decrease: -67.01% in 2015
Year | PE ratio | Change |
---|---|---|
2023 | 17.99 | 50.17% |
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 |
Currently, TNET's PE ratio is above its 3 and 5-year averages, but it is under its 10-year average.
TNET's PE ratio is below its peer stocks ADP and PAYX. Trinet Group is currently trading at a lower PE ratio (17.45) than its peers average of 37.32.
Stock name | PE ratio | Market cap |
---|---|---|
TNET Trinet Group Inc | 17.45 | $4.58B |
BBSI Barrett Business Services Inc | 21.77 | $1.1B |
NSP Insperity Inc | 23.15 | $2.76B |
PAYX Paychex Inc | 30.53 | $51.86B |
ADP Automatic Data Processing Inc | 32.4 | $124.1B |
CBZ CBIZ Inc | 33.37 | $3.99B |
EFX Equifax Inc | 55.7 | $31.35B |
TW Tradeweb Markets Inc | 64.32 | $31.91B |
The price to earnings ratio for TNET stock as of Nov 21, 2024, stands at 17.45.
The 3-year average PE ratio for TNET stock is 16.47.
The 5-year average PE ratio for TNET stock is 16.64.
The highest quarterly PE ratio in the last ten years has been 130.33 and it was in the Dec 2014 quarter.
TNET's current price to earnings ratio is 34% below its 10-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 (Nov 21, 2024), Trinet Group's share price is $92.31. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.29. Therefore, Trinet Group's price to earnings ratio for today is 17.45. PE RATIO(17.45) = STOCK PRICE($92.31) / TTM EPS($5.29)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.