The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-13), Trinet Group's share price is $95.42. Trinet Group's Book Value per Share for the quarter that ended in Sep. 2024 was $2.60. Hence, Trinet Group's PB Ratio of today is 36.70.
The historical rank and industry rank for Trinet Group's PB Ratio or its related term are showing as below:
TNET'
s PB Ratio Range Over the Past 10 Years
Min: 4.33 Med: 10.52 Max: 607.83
Current: 36.7
During the past 13 years, Trinet Group's highest PB Ratio was 607.83. The lowest was 4.33. And the median was 10.52.
TNET's PB Ratio is ranked worse than 98.73% of 1020
companies
in the Business Services industry
Industry Median: 1.8
vs TNET: 36.70
During the past 12 months, Trinet Group's average Book Value Per Share Growth Rate was 1213.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -44.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -10.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Trinet Group was 258.80% per year. The lowest was -44.80% per year. And the median was 40.85% per year.
Back to Basics: PB Ratio
Trinet Group PB Ratio Historical Data
The historical data trend for Trinet Group's PB 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.
For the Staffing & Employment Services subindustry, Trinet Group's PB Ratio, along with its competitors' market caps and PB 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's PB Ratio Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Trinet Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Trinet Group's PB Ratio falls into.
Trinet Group PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Trinet Group's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Trinet Group PB Ratio Related Terms
Thank you for viewing the detailed overview of Trinet Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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