As of May 2, 2024, the TNET stock has a P/E ratio of 16.36. The calculation is based on the latest EPS of $6.23 and the stock price of $101.93 per share. A decrease of 13% has been observed in the PE ratio compared to its average of 18.9 of the past four quarters.
The mean historical PE ratio of Trinet Group over the last ten years is 28.89. The current 16.36 price-to-earnings ratio is 43% 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 under its 3, 5 and 10-year averages.
TNET's PE ratio is less than its peer stocks ADP and PAYX, but it is above BBSI's. Trinet Group is currently trading at a lower PE ratio (16.36) than its peers average of 32.63.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BBSI Barrett Business Services Inc | 16.1 | $781.68M |
| TNET Trinet Group Inc | 16.36 | $5.15B |
| NSP Insperity Inc | 24.86 | $3.88B |
| PAYX Paychex Inc | 25.69 | $42.64B |
| ADP Automatic Data Processing Inc | 26.86 | $99.06B |
| CBZ CBIZ Inc | 28.9 | $3.64B |
| EFX Equifax Inc | 49.56 | $27.75B |
| TW Tradeweb Markets Inc | 55.53 | $24.92B |
The price to earnings ratio for TNET stock as of May 2, 2024, stands at 16.36.
The 3-year average PE ratio for TNET stock is 16.97.
The 5-year average PE ratio for TNET stock is 17.29.
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 43% 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 (May 2, 2024), Trinet Group's share price is $101.93. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.23. Therefore, Trinet Group's price to earnings ratio for today is 16.36. PE RATIO(16.36) = STOCK PRICE($101.93) / TTM EPS($6.23)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.