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Trinet Group (STU:TN3) Cyclically Adjusted Revenue per Share : €60.60 (As of Mar. 2024)


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What is Trinet Group Cyclically Adjusted Revenue per Share?

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 Mar. 2024 was €22.802. 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 €60.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Trinet Group's average Cyclically Adjusted Revenue Growth Rate was 13.10% 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.

As of today (2024-05-22), Trinet Group's current stock price is €94.00. Trinet Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €60.60. Trinet Group's Cyclically Adjusted PS Ratio of today is 1.55.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Trinet Group was 2.08. The lowest was 1.11. And the median was 1.58.


Trinet Group Cyclically Adjusted Revenue per Share Historical Data

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.

* Premium members only.

Trinet Group Cyclically Adjusted Revenue per Share Chart

Trinet Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 52.29 57.30

Trinet Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 53.84 55.20 58.92 57.30 60.60

Competitive Comparison of Trinet Group's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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 Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=22.802/131.7762*131.7762
=22.802

Current CPI (Mar. 2024) = 131.7762.

Trinet Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.318 100.560 6.969
201409 5.914 100.428 7.760
201412 6.683 99.070 8.889
201503 7.880 99.621 10.423
201506 8.111 100.684 10.616
201509 8.257 100.392 10.838
201512 9.223 99.792 12.179
201603 9.174 100.470 12.033
201606 9.179 101.688 11.895
201609 9.539 101.861 12.340
201612 10.748 101.863 13.904
201703 10.653 102.862 13.647
201706 10.017 103.349 12.772
201709 9.599 104.136 12.147
201712 10.152 104.011 12.862
201803 9.661 105.290 12.091
201806 10.027 106.317 12.428
201809 10.329 106.507 12.780
201812 11.379 105.998 14.146
201903 11.642 107.251 14.304
201906 11.655 108.070 14.212
201909 12.392 108.329 15.074
201912 12.904 108.420 15.684
202003 13.746 108.902 16.633
202006 12.380 108.767 14.999
202009 12.173 109.815 14.607
202012 13.443 109.897 16.119
202103 13.290 111.754 15.671
202106 13.627 114.631 15.665
202109 14.564 115.734 16.583
202112 16.273 117.630 18.230
202203 16.757 121.301 18.204
202206 18.019 125.017 18.993
202209 19.895 125.227 20.936
202212 18.084 125.222 19.031
202303 19.396 127.348 20.070
202306 18.598 128.729 19.038
202309 19.742 129.860 20.033
202312 22.386 129.419 22.794
202403 22.802 131.776 22.802

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


Trinet Group  (STU:TN3) 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
=94.00/60.6
=1.55

* 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 2.08. The lowest was 1.11. And the median was 1.58.


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

Thank you for viewing the detailed overview of Trinet Group's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Trinet Group (STU:TN3) Business Description

Industry
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.

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