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Trinet Group (Trinet Group) Price-to-Owner-Earnings

: 17.11 (As of Today)
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As of today (2024-04-23), Trinet Group's share price is $129.68. Trinet Group's Owner Earnings per Share (TTM) ended in Dec. 2023 was $7.58. It's Price-to-Owner-Earnings for today is 17.11.


The historical rank and industry rank for Trinet Group's Price-to-Owner-Earnings or its related term are showing as below:

TNET' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 4.89   Med: 14.77   Max: 50.76
Current: 17.11

During the past 13 years, the highest Price-to-Owner-Earnings of Trinet Group was 50.76. The lowest was 4.89. And the median was 14.77.


TNET's Price-to-Owner-Earnings is ranked worse than
62.91% of 523 companies
in the Business Services industry
Industry Median: 12.77 vs TNET: 17.11

As of today (2024-04-23), Trinet Group's share price is $129.68. Trinet Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $6.49. Therefore, Trinet Group's PE Ratio for today is 19.98.

As of today (2024-04-23), Trinet Group's share price is $129.68. Trinet Group's EPS without NRI for the trailing twelve months (TTM) ended in was $7.42. Therefore, Trinet Group's PE Ratio without NRI for today is 17.48.

During the past 13 years, Trinet Group's highest PE Ratio without NRI was 526.73. The lowest was 9.43. And the median was 21.22.


Trinet Group Price-to-Owner-Earnings Historical Data

The historical data trend for Trinet Group's Price-to-Owner-Earnings 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.

* Premium members only.

Trinet Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.97 10.39 47.42 10.38 15.70

Trinet Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings 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 Premium Member Only Premium Member Only Premium Member Only 10.38 37.79 16.03 21.67 15.70

Competitive Comparison

For the Staffing & Employment Services subindustry, Trinet Group's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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 Price-to-Owner-Earnings Distribution

For the Business Services industry and Industrials sector, Trinet Group's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Trinet Group's Price-to-Owner-Earnings falls into.



Trinet Group Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Trinet Group's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=129.68/7.58
=17.11

* 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  (NYSE:TNET) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Trinet Group Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Trinet Group's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Trinet Group (Trinet Group) Business Description

Traded in Other Exchanges
Address
One Park Place, Suite 600, Dublin, CA, USA, 94568
TriNet offers outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&D tax credit services.
Executives
Alexander G. Warren officer: SVP, CHIEF REVENUE OFFICER ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Burton M. Goldfield director, officer: PRESIDENT, CEO and DIRECTOR ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Ralph A. Clark director C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Samantha Wellington officer: SVP, CLO & SECRETARY ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Kelly L Tuminelli officer: EVP & CHIEF FINANCIAL OFFICER TRINET GROUP, INC., ONE PARK PLACE, STE 600, DUBLIN CA 94568
L.p. Agi-t, director, 10 percent owner 40 MORRIS AVENUE, BRYN MAWR PA 19010
Paul Edward Chamberlain director C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Jonathan D. Lee officer: PRINCIPAL ACCOUNTING OFFICER ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Jayaraman Venkataramani officer: CHIEF DIGITAL & INNOV OFFICER ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
H Raymond Bingham director 2655 SEELY AVE, SAN JOSE CA 95134
Martin Babinec director TRINET GROUP INC., ONE PARK PLACE., STE. 600, DUBLIN CA 94568
Wayne B Lowell director 3061 ZANKER ROAD, SAN JOSE CA 95134
Olivier Kohler officer: SVP, CHIEF OPERATING OFFICER ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Myrna Soto director ONE ENERGY PLAZA, JACKSON MI 49201
Katherine August-dewilde director ONE PARK PLACE, SUITE 600, DUBLIN CA 94568