Trinet Group (FRA:TN3) Cyclically Adjusted PS Ratio: 0.76 (As of Jul. 29, 2026) — 42% Below Median

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FRA:TN3 Trinet Group Inc FRA:TN3
74 GF Score
Price €55.50
GF Value €80.25
! 7 Warning Signs
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What is Trinet Group Cyclically Adjusted PS Ratio?

Trinet Group FRA:TN3 +2.78% 74 Cyclically Adjusted PS Ratio is 0.76 as of Jul. 29, 2026, which is 42% below its 10-year median of 1.31. GuruFocus rates FRA:TN3 with a GF Score™ of 74/100 and a GF Value™ of €80.25. The stock has 7 warning signs investors should review. Among 716 Business Services companies, Trinet Group ranks better than 52.65% on this metric.

As of today (2026-07-29), Trinet Group's current share price is €55.50. Trinet Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €73.45. Trinet Group's Cyclically Adjusted PS Ratio for today is 0.76.

The historical rank and industry rank for Trinet Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:TN3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.31   Max: 2.07
Current: 0.84

During the past years, Trinet Group's highest Cyclically Adjusted PS Ratio was 2.07. The lowest was 0.42. And the median was 1.31.

FRA:TN3's Cyclically Adjusted PS Ratio is ranked better than
52.65% of 716 companies
in the Business Services industry
Industry Median: 0.91 vs FRA:TN3: 0.84

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Trinet Group's adjusted revenue per share data for the three months ended in Mar. 2026 was €22.564. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €73.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trinet Group  (FRA:TN3) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Trinet Group Cyclically Adjusted PS Ratio Related Terms


Trinet Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Trinet Group's Cyclically Adjusted PS Ratio 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 PS Ratio Chart

Trinet Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.20 1.86 1.27 0.75

Trinet Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.07 0.96 0.86 0.75 0.45

FRA:TN3 vs MAN, RHI, NSP: Cyclically Adjusted PS Ratio Comparison

For the Staffing & Employment Services subindustry, Trinet Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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 PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Trinet Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Trinet Group's Cyclically Adjusted PS Ratio falls into.


FRA:TN3
74GF Score
Trinet Group Inc FRA:TN3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trinet Group Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Trinet Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=55.50/73.45
=0.76

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Trinet Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=22.564/330.2130*330.2130
=22.564

Current CPI (Mar. 2026) = 330.2130.

Trinet Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.179 241.018 12.576
201609 9.539 241.428 13.047
201612 10.748 241.432 14.700
201703 10.653 243.801 14.429
201706 10.017 244.955 13.503
201709 9.599 246.819 12.842
201712 10.152 246.524 13.598
201803 9.661 249.554 12.784
201806 10.027 251.989 13.140
201809 10.329 252.439 13.511
201812 11.379 251.233 14.956
201903 11.642 254.202 15.123
201906 11.655 256.143 15.025
201909 12.392 256.759 15.937
201912 12.904 256.974 16.582
202003 13.746 258.115 17.586
202006 12.380 257.797 15.858
202009 12.173 260.280 15.444
202012 13.443 260.474 17.042
202103 13.290 264.877 16.568
202106 13.627 271.696 16.562
202109 14.564 274.310 17.532
202112 16.273 278.802 19.274
202203 16.757 287.504 19.246
202206 18.019 296.311 20.081
202209 19.895 296.808 22.134
202212 18.408 296.797 20.481
202303 19.396 301.836 21.220
202306 18.598 305.109 20.128
202309 19.742 307.789 21.180
202312 23.680 306.746 25.492
202403 23.126 312.332 24.450
202406 22.642 314.175 23.798
202409 22.561 315.301 23.628
202412 24.391 315.605 25.520
202503 24.390 319.799 25.184
202506 21.905 322.561 22.425
202509 21.868 324.800 22.232
202512 21.751 324.054 22.164
202603 22.564 330.213 22.564

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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 PS Ratio of 0.76 mean?
Trinet Group (FRA:TN3) has a Cyclically Adjusted PS Ratio of 0.76 as of Jul. 29, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Trinet Group and its competitors. This is 42% below median its historical median of 1.31. Over the past decade, Trinet Group's Cyclically Adjusted PS Ratio has ranged from 0.42 to 2.07. According to the industry distribution chart, Trinet Group ranks #339 out of 716 companies in the Business Services industry, placing it in the top 47.3%.
Is Trinet Group's Cyclically Adjusted PS Ratio too high?
Trinet Group's current Cyclically Adjusted PS Ratio of 0.76 is 42% below median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 2.07. The Business Services industry median Cyclically Adjusted PS Ratio is 0.91. Trinet Group's value of 0.76 is 16.5% below this industry median. Based on the distribution chart, Trinet Group ranks #339 out of 716 companies in the Business Services industry, which is above the industry midpoint. Overall, Trinet Group has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Trinet Group's Cyclically Adjusted PS Ratio compare to MAN and RHI?
According to the Business Services industry distribution chart, Trinet Group ranks #339 out of 716 companies for Cyclically Adjusted PS Ratio. This puts Trinet Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Trinet Group's value of 0.76 is 16.5% below this benchmark. Historically, Trinet Group's own Cyclically Adjusted PS Ratio has ranged from 0.42 to 2.07 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 0.91, 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 PS Ratio for a Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.91, based on 716 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trinet Group's current Cyclically Adjusted PS Ratio of 0.76 is 16.5% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trinet Group's current Cyclically Adjusted PS Ratio is 0.76, which is 42% below median its own 10-year median of 1.31. 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?
Trinet Group (FRA:TN3) has a current Cyclically Adjusted PS Ratio of 0.76. The stock's GF Value™ is €80.25, compared to a current price of €55.50 — trading 30.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.76, which is 42% below median its 10-year median of 1.31 and 16.5% below the Business Services industry median of 0.91. Trinet Group's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Trinet Group (FRA:TN3), the current Cyclically Adjusted PS Ratio is 0.76 as of Jul. 29, 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 (FRA:TN3) Overvalued in 2026?

Based on GuruFocus' analysis, Trinet Group stock appears to be undervalued. The current stock price of €55.50 is trading 30.8% below its estimated GF Value™ of €80.25.

Key valuation signals for FRA:TN3:

  • Cyclically Adjusted PS Ratio: 0.76 (42% below median its 10-year median of 1.31)
  • GF Value™: €80.25 vs. price of €55.50 (30.8% below fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 16.5% below the Business Services median (#339 of 716)

No single metric tells the full story. See the FRA:TN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trinet Group Business Description

Other Exchanges TNET:USA
Address One Park Place, Suite 600, Dublin, CA, USA, 94568
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.
74GF Score

Get the complete analysis for FRA:TN3

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€55.50
Price
€80.25
GF Value