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As of today (2024-04-28), Trinet Group's current share price is $105.72. Trinet Group's E10 for the quarter that ended in Dec. 2023 was $3.47. Trinet Group's Shiller PE Ratio for today is 30.47.
The historical rank and industry rank for Trinet Group's Shiller PE Ratio or its related term are showing as below:
During the past years, Trinet Group's highest Shiller PE Ratio was 38.18. The lowest was 22.79. And the median was 31.13.
TNET's Shiller PE Ratio is ranked worse thanE10 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.
Trinet Group's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.47 for the trailing ten years ended in Dec. 2023.
The historical data trend for Trinet Group's Shiller PE 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 Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Shiller PE Ratio | Get a 7-Day Free Trial | 24.96 | 27.10 | 30.21 | 34.78 | 34.31 |
For the Staffing & Employment Services subindustry, Trinet Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.
For the Business Services industry and Industrials sector, Trinet Group's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Trinet Group's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Trinet Group's Shiller PE Ratio for today is calculated as
Shiller PE Ratio | = | Share Price | / | E10 |
= | 105.72 | / | 3.47 | |
= | 30.47 |
* 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 E10 for the quarter that ended in Dec. 2023 is calculated as:
For example, Trinet Group's adjusted earnings per share data for the three months ended in Dec. 2023 was:
Adj_EPS | = | Earnings per Share (Diluted) | / | CPI of Dec. 2023 (Change) | * | Current CPI (Dec. 2023) |
= | 1.31 | / | 129.4194 | * | 129.4194 | |
= | 1.310 |
Current CPI (Dec. 2023) = 129.4194.
Trinet Group Quarterly Data
Earnings per Share (Diluted) | CPI | Adj_EPS | |
201403 | 0.007 | 99.695 | 0.009 |
201406 | 0.090 | 100.560 | 0.116 |
201409 | 0.010 | 100.428 | 0.013 |
201412 | 0.100 | 99.070 | 0.131 |
201503 | 0.220 | 99.621 | 0.286 |
201506 | -0.020 | 100.684 | -0.026 |
201509 | 0.040 | 100.392 | 0.052 |
201512 | 0.200 | 99.792 | 0.259 |
201603 | 0.160 | 100.470 | 0.206 |
201606 | 0.170 | 101.688 | 0.216 |
201609 | 0.200 | 101.861 | 0.254 |
201612 | 0.320 | 101.863 | 0.407 |
201703 | 0.410 | 102.862 | 0.516 |
201706 | 0.560 | 103.349 | 0.701 |
201709 | 0.600 | 104.136 | 0.746 |
201712 | 0.920 | 104.011 | 1.145 |
201803 | 0.750 | 105.290 | 0.922 |
201806 | 0.800 | 106.317 | 0.974 |
201809 | 0.710 | 106.507 | 0.863 |
201812 | 0.400 | 105.998 | 0.488 |
201903 | 0.890 | 107.251 | 1.074 |
201906 | 0.640 | 108.070 | 0.766 |
201909 | 0.780 | 108.329 | 0.932 |
201912 | 0.680 | 108.420 | 0.812 |
202003 | 1.310 | 108.902 | 1.557 |
202006 | 1.870 | 108.767 | 2.225 |
202009 | 0.480 | 109.815 | 0.566 |
202012 | 0.320 | 109.897 | 0.377 |
202103 | 1.510 | 111.754 | 1.749 |
202106 | 1.370 | 114.631 | 1.547 |
202109 | 1.160 | 115.734 | 1.297 |
202112 | 1.030 | 117.630 | 1.133 |
202203 | 2.210 | 121.301 | 2.358 |
202206 | 1.350 | 125.017 | 1.398 |
202209 | 1.220 | 125.227 | 1.261 |
202212 | 0.780 | 125.222 | 0.806 |
202303 | 2.170 | 127.348 | 2.205 |
202306 | 1.380 | 128.729 | 1.387 |
202309 | 1.630 | 129.860 | 1.624 |
202312 | 1.310 | 129.419 | 1.310 |
Add all the adjusted EPS together and divide 10 will get our E10.
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.
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Thank you for viewing the detailed overview of Trinet Group's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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