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Trinet GroupTNET -0.52%83 Cyclically Adjusted Price-to-FCF is 11.00 as of Sep. 06, 2026, which is 38% below its 10-year median of 17.79. GuruFocus rates TNET with a GF Score™ of 83/100 and a GF Value™ of $87.24 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 396 Business Services companies, Trinet Group ranks better than 63.13% on this metric.
The historical rank and industry rank for Trinet Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
TNET'
s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.72 Med: 17.79 Max: 29.79
Current: 11
During the past years, Trinet Group's highest Cyclically Adjusted Price-to-FCF was 29.79. The lowest was 5.72. And the median was 17.79.
TNET's Cyclically Adjusted Price-to-FCF is ranked better than 63.13% of 396
companies
in the Business Services industry
Industry Median: 15.11
vs TNET: 11.00
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.
Trinet Group's adjusted free cash flow per share data for the three months ended in Jun. 2026 was $1.457. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $6.28 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Trinet Group (NYSE:TNET) Cyclically Adjusted Price-to-FCF Explanation
Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.
Trinet Group Cyclically Adjusted Price-to-FCF Related Terms
Trinet Group Cyclically Adjusted Price-to-FCF Historical Data
* Premium members only.
The historical data trend for Trinet Group's Cyclically Adjusted Price-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Trinet Group Cyclically Adjusted Price-to-FCF Chart
TNET vs MAN, NSP, KFY: Cyclically Adjusted Price-to-FCF Comparison
For the Staffing & Employment Services subindustry, Trinet Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Trinet Group Cyclically Adjusted Price-to-FCF vs Business Services Industry
For the Business Services industry and Industrials sector, Trinet Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where Trinet Group's Cyclically Adjusted Price-to-FCF falls into.
Trinet Group Cyclically Adjusted Price-to-FCF Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.
Trinet Group's Cyclically Adjusted Price-to-FCF for today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted Price-to-FCF of 11.00 mean?
Trinet Group (TNET) has a Cyclically Adjusted Price-to-FCF of 11.00 as of Sep. 06, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Trinet Group and its competitors. This is 38% below median its historical median of 17.79. Over the past decade, Trinet Group's Cyclically Adjusted Price-to-FCF has ranged from 5.72 to 29.79. According to the industry distribution chart, Trinet Group ranks #146 out of 396 companies in the Business Services industry, placing it in the top 36.9%.
Is Trinet Group's Cyclically Adjusted Price-to-FCF too high?
Trinet Group's current Cyclically Adjusted Price-to-FCF of 11.00 is 38% below median its 10-year median of 17.79. Over the past 10 years, this metric has ranged from a low of 5.72 to a high of 29.79. The Business Services industry median Cyclically Adjusted Price-to-FCF is 15.11. Trinet Group's value of 11.00 is 27.2% below this industry median. Based on the distribution chart, Trinet Group ranks #146 out of 396 companies in the Business Services industry, which is above the industry midpoint. Overall, Trinet Group has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trinet Group's Cyclically Adjusted Price-to-FCF compare to MAN and NSP?
According to the Business Services industry distribution chart, Trinet Group ranks #146 out of 396 companies for Cyclically Adjusted Price-to-FCF. This puts Trinet Group in the upper half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 15.11. Trinet Group's value of 11.00 is 27.2% below this benchmark. Historically, Trinet Group's own Cyclically Adjusted Price-to-FCF has ranged from 5.72 to 29.79 over the past decade. While the company's 10-year median is 17.79 vs. the industry median of 15.11, Trinet Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Price-to-FCF for a Business Services company?
The median Cyclically Adjusted Price-to-FCF among Business Services companies is 15.11, based on 396 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trinet Group's current Cyclically Adjusted Price-to-FCF of 11.00 is 27.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Trinet Group and its competitors. For the Business Services industry, the median Cyclically Adjusted Price-to-FCF is 15.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trinet Group's current Cyclically Adjusted Price-to-FCF is 11.00, which is 38% below median its own 10-year median of 17.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trinet Group stock overvalued right now?
Based on GuruFocus' analysis, Trinet Group (TNET) is currently considered Modestly Undervalued. The stock's GF Value™ is $87.24, compared to a current price of $69.06 — trading 20.8% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 11.00, which is 38% below median its 10-year median of 17.79 and 27.2% below the Business Services industry median of 15.11. Trinet Group's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Trinet Group (TNET), the current Cyclically Adjusted Price-to-FCF is 11.00 as of Sep. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Trinet Group (TNET) Overvalued in 2026?
Based on GuruFocus' analysis, Trinet Group stock appears to be undervalued.
The current stock price of $69.06 is trading 20.8% below its estimated GF Value™ of $87.24.
GuruFocus considers Trinet Group to be Modestly Undervalued.
Key valuation signals for TNET:
Cyclically Adjusted Price-to-FCF: 11.00 (38% below median its 10-year median of 17.79)
GF Value™: $87.24 vs. price of $69.06 (20.8% below fair value)
Industry Position: 27.2% below the Business Services median (#146 of 396)
No single metric tells the full story. See the TNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trinet Group Inc provides human resources solutions for small and medium-sized businesses through technology-enabled services. Its offerings include human capital expertise, employee benefits such as health insurance and retirement plans, payroll and payroll tax administration, risk mitigation, and compliance consulting. The company provides its services through professional employer organization (PEO) services delivered via a co-employment model, as well as administrative services organization (ASO) offerings. The majority of the company's revenue is derived from the insurance-related billings and administrative fees collected from PEO clients.
83GF Score
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