TriNet (TNET)
(Real Time Quote from BATS)
$94.23 USD
+1.35 (1.45%)
Updated Aug 8, 2024 12:08 PM ET
2-Buy of 5 2
B Value B Growth B Momentum A VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
TNET 94.23 +1.35(1.45%)
Will TNET be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for TNET based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for TNET
TriNet Group (TNET) Tops Q2 Earnings and Revenue Estimates
TriNet (TNET) Moves 4.2% Higher: Will This Strength Last?
TNET: What are Zacks experts saying now?
Zacks Private Portfolio Services
TriNet Group (TNET) Q1 Earnings and Revenues Miss Estimates
2 Business Services Stocks to Buy After Pullbacks From 52-week Highs
TriNet Group (TNET) Q4 Earnings and Revenues Beat Estimates
Other News for TNET
Trinet Group Becomes Oversold
TriNet Contends With Flat Revenue And Increasing Costs (Downgrade)
Trinet Group Inc (TNET) Q2 2024 Earnings Call Transcript Highlights: Solid Financial ...
Buy Rating Affirmed for TriNet Group Amid Strong Q2 Performance and Positive Growth Outlook
TriNet Group, Inc. (TNET) Q2 2024 Earnings Call Transcript