TriNet Price Book Value Ratio from 2010 to 2024

TNET Stock  USD 92.93  1.13  1.20%   
TriNet Price Book Value Ratio yearly trend continues to be comparatively stable with very little volatility. Price Book Value Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, TriNet Price Book Value Ratio quarterly data regression had mean square error of  2,985 and mean deviation of  41.70. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
86.91038462
Current Value
91.26
Quarterly Volatility
57.49523983
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TriNet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TriNet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 65.9 M, Interest Expense of 28.2 M or Selling General Administrative of 127.8 M, as well as many indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.26 or PTB Ratio of 91.26. TriNet financial statements analysis is a perfect complement when working with TriNet Valuation or Volatility modules.
  
Check out the analysis of TriNet Correlation against competitors.

Latest TriNet's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of TriNet Group over the last few years. It is TriNet's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TriNet's overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Slightly volatile
   Price Book Value Ratio   
       Timeline  

TriNet Price Book Value Ratio Regression Statistics

Arithmetic Mean21.38
Coefficient Of Variation268.88
Mean Deviation41.70
Median7.87
Standard Deviation57.50
Sample Variance3,306
Range236
R-Value0.40
Mean Square Error2,985
R-Squared0.16
Significance0.14
Slope5.17
Total Sum of Squares46,280

TriNet Price Book Value Ratio History

2024 91.26
2023 86.91
2022 5.51
2021 7.14
2020 8.9
2019 8.34
2018 7.87

About TriNet Financial Statements

TriNet shareholders use historical fundamental indicators, such as Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although TriNet investors may analyze each financial statement separately, they are all interrelated. The changes in TriNet's assets and liabilities, for example, are also reflected in the revenues and expenses on on TriNet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Book Value Ratio 86.91  91.26 

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Additional Tools for TriNet Stock Analysis

When running TriNet's price analysis, check to measure TriNet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TriNet is operating at the current time. Most of TriNet's value examination focuses on studying past and present price action to predict the probability of TriNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriNet's price. Additionally, you may evaluate how the addition of TriNet to your portfolios can decrease your overall portfolio volatility.