TNET (Trinet Group) Cyclically Adjusted Revenue per Share: $83.64 (As of Jun. 2026)

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TNET Trinet Group Inc TNET
83 GF Score
Price $69.06
GF Value $87.24
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Trinet Group Cyclically Adjusted Revenue per Share?

Trinet Group TNET -0.52% 83 Cyclically Adjusted Revenue per Share is $83.64 as of Jun. 2026. 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.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Jun. 2026 was $25.609. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $83.64 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Trinet Group's average Cyclically Adjusted Revenue Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Trinet Group was 11.90% per year. The lowest was 11.90% per year. And the median was 11.90% per year.

As of today (2026-09-06), Trinet Group's current stock price is $69.06. Trinet Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $83.64. Trinet Group's Cyclically Adjusted PS Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Trinet Group was 2.07. The lowest was 0.42. And the median was 1.29.


Trinet Group  (NYSE:TNET) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=69.06/83.64
=0.83

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Trinet Group was 2.07. The lowest was 0.42. And the median was 1.29.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Trinet Group Cyclically Adjusted Revenue per Share Related Terms


Trinet Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Trinet Group's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Trinet Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 56.31 63.87 71.70 78.89

Trinet Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 76.07 77.90 78.89 81.58 83.64

TNET vs MAN, NSP, KFY: Cyclically Adjusted Revenue per Share 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.


TNET
83GF Score
Trinet Group Inc TNET
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trinet Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=25.609/333.9520*333.9520
=25.609

Current CPI (Jun. 2026) = 333.9520.

Trinet Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 10.706 241.428 14.809
201612 11.337 241.432 15.681
201703 11.394 243.801 15.607
201706 11.255 244.955 15.344
201709 11.441 246.819 15.480
201712 12.014 246.524 16.275
201803 11.913 249.554 15.942
201806 11.714 251.989 15.524
201809 12.052 252.439 15.944
201812 12.946 251.233 17.208
201903 13.155 254.202 17.282
201906 13.169 256.143 17.169
201909 13.648 256.759 17.751
201912 14.338 256.974 18.633
202003 15.188 258.115 19.650
202006 13.941 257.797 18.059
202009 14.338 260.280 18.396
202012 16.354 260.474 20.967
202103 15.821 264.877 19.947
202106 16.418 271.696 20.180
202109 17.134 274.310 20.859
202112 18.388 278.802 22.025
202203 18.455 287.504 21.437
202206 19.048 296.311 21.468
202209 19.698 296.808 22.163
202212 19.500 296.797 21.941
202303 20.767 301.836 22.977
202306 20.150 305.109 22.055
202309 21.069 307.789 22.860
202312 25.824 306.746 28.114
202403 25.137 312.332 26.877
202406 24.373 314.175 25.907
202409 25.040 315.301 26.521
202412 25.540 315.605 27.025
202503 26.367 319.799 27.534
202506 25.265 322.561 26.157
202509 25.667 324.800 26.390
202512 25.469 324.054 26.247
202603 26.085 330.213 26.380
202606 25.609 333.952 25.609

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

What does a Cyclically Adjusted Revenue per Share of $83.64 mean?
Trinet Group (TNET) has a Cyclically Adjusted Revenue per Share of $83.64 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Trinet Group and its competitors.
Is Trinet Group's Cyclically Adjusted Revenue per Share too high?
Trinet Group's current Cyclically Adjusted Revenue per Share is $83.64. 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 Revenue per Share compare to MAN and NSP?
Trinet Group's Cyclically Adjusted Revenue per Share of $83.64 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Business Services company?
A good Cyclically Adjusted Revenue per Share depends on the Business Services industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Trinet Group and its competitors. Trinet Group's current Cyclically Adjusted Revenue per Share is $83.64. 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 Revenue per Share is $83.64. 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Trinet Group (TNET), the current Cyclically Adjusted Revenue per Share is $83.64 as of Jun. 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 Revenue per Share: $83.64
  • GF Value™: $87.24 vs. price of $69.06 (20.8% below fair value)
  • GF Score™: 83/100 with 8 warning signs

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 Business Description

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.
83GF Score

Get the complete analysis for TNET

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

$69.06
Price
$87.24
GF Value