TNET (Trinet Group) Price-to-Tangible-Book: (As of Sep. 06, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

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 Price-to-Tangible-Book?

As of today (2026-09-06), Trinet Group's share price is $69.06. Trinet Group's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $-11.16. Hence, Trinet Group's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Trinet Group's highest Price to Tangible Book Ratio was 101.84. The lowest was 10.82. And the median was 19.67.

TNET's Price-to-Tangible-Book is not ranked *
in the Business Services industry.
Industry Median: 1.86
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Trinet Group's share price is $69.06. Trinet Group's Book Value per Sharefor the quarter that ended in Jun. 2026 was $2.72. Hence, Trinet Group's P/B Ratio of today is 25.40.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Trinet Group Price-to-Tangible-Book Related Terms

Trinet Group Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Trinet Group's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Trinet Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.95 27.37 0.00 0.00 0.00

Trinet Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Tangible-Book 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 0.00 0.00 0.00 0.00 0.00

TNET vs MAN, NSP, KFY: Price-to-Tangible-Book Comparison

For the Staffing & Employment Services subindustry, Trinet Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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-Tangible-Book vs Business Services Industry

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

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


TNET
83GF Score
Trinet Group Inc TNET
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trinet Group Price-to-Tangible-Book Calculation

Trinet Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=69.06/-11.159
=

* 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:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Stockholders Equity-Preferred Stock-Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

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:

  • Price-to-Tangible-Book:
  • 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

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$69.06
Price
$87.24
GF Value