Trinet Group (STU:TN3) Price-to-Tangible-Book : (As of May. 24, 2024)

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What is Trinet Group Price-to-Tangible-Book?

As of today (2024-05-24), Trinet Group's share price is €99.00. Trinet Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €-8.97. 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.

STU:TN3's Price-to-Tangible-Book is not ranked ^*
in the Business Services industry.
Industry Median: 2.07
* 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 €99.00. Trinet Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was €2.60. Hence, Trinet Group's P/B Ratio of today is 38.06.

Trinet Group Price-to-Tangible-Book Historical Data

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.

* Premium members only.

Trinet Group Price-to-Tangible-Book Chart

Trinet Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

22.67

17.95

12.04

26.95

Trinet Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															22.67	18.83	-	-	-

Competitive Comparison of Trinet Group's Price-to-Tangible-Book

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's Price-to-Tangible-Book Distribution in the 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.

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: Mar. 2024 )
	=	99.00	/	-8.968
	=

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.

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

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

Trinet Group (STU:TN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Trinet Group Inc (STU:TN3) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TNET:USA TN3:Germany

Address

One Park Place, Suite 600, Dublin, CA, USA, 94568

Website

https://www.trinet.com

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.

Trinet Group (STU:TN3) Headlines

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