P/E ratio for TriNet (TNET)
P/E ratio as of April 2024 (TTM): 21.5
According to TriNet's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.5116. At the end of 2022 the company had a P/E ratio of 12.1.
P/E ratio history for TriNet from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.1 | -34.92% |
| 2021 | 18.6 | -7.38% |
| 2020 | 20.0 | 8.02% |
| 2019 | 18.6 | 20.79% |
| 2018 | 15.4 | -10.94% |
| 2017 | 17.3 | -40.74% |
| 2016 | 29.1 | -32.29% |
| 2015 | 43.0 | -69.44% |
| 2014 | 141 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Automatic Data Processing ADP | 28.6 | 33.13% | 🇺🇸 USA |
 Equifax EFX | 51.2 | 137.91% | 🇺🇸 USA |
 Paychex PAYX | 26.6 | 23.60% | 🇺🇸 USA |
 Tradeweb TW | 58.0 | 169.84% | 🇺🇸 USA |
 Barrett Business Services BBSI | 17.3 | -19.75% | 🇺🇸 USA |
 Insperity
NSP | 21.3 | -0.90% | 🇺🇸 USA |
 CBIZ CBZ | 30.5 | 41.56% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.