TYL Tyler Technologies PE ratio, current and historical analysis
The PE ratio for Tyler Technologies stock stands at 107.03 as of Nov 21, 2024. This results from the current EPS of $5.58 and stock price of $597.21. An increase of 5% has been recorded in the PE ratio compared to the average of 101.8 of the past four quarters.
TYL PE ratio history
Over the last ten years, the average PE ratio of Tyler Technologies has been 77.06. The current 107.03 price-to-earnings ratio is 39% more than the historical average. In the past ten years, TYL's PE ratio reached its highest point in the Dec 2021 quarter at 136.19, with a price of $537.95 and an EPS of $3.95. The Dec 2017 quarter saw the lowest point at 38.91, with a price of $177.05 and an EPS of $4.55.
Tyler Technologies PE ratio by year
Maximum annual increase: 63.59% in 2019
Maximum annual decrease: -50.13% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 105.85 | 29.69% |
| 2022 | 81.62 | -40.07% |
| 2021 | 136.19 | 51.95% |
| 2020 | 89.63 | 13.23% |
| 2019 | 79.16 | 63.59% |
| 2018 | 48.39 | 24.36% |
| 2017 | 38.91 | -14.97% |
| 2016 | 45.76 | -50.13% |
| 2015 | 91.75 | 50.07% |
| 2014 | 61.14 | -26.36% |
TYL average PE ratio chart
The current PE ratio of TYL is above its 3, 5 and 10-year historical averages.
TYL PE vs peers
When compared to its peer stocks IBM and MSI, TYL's PE ratio is higher. Tyler Technologies's current PE ratio of 107.03 is in line with the average of its peer group, which is 33.88.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 13.16 | $36.53B |
| LRN Stride Inc | 18.4 | $4.51B |
| IBM International Business Machines Corp | 31.82 | $205.64B |
| MSI Motorola Solutions Inc | 52.92 | $82.7B |
| ZBRA Zebra Technologies Corp | 53.09 | $20.24B |
| TYL Tyler Technologies Inc | 107.03 | $25.56B |
Frequently asked questions
What is Tyler Technologies's PE ratio?
TYL stock has a price to earnings ratio of 107.03 as of Nov 21, 2024.
What is the 3-year average PE ratio for Tyler Technologies (TYL)?
The average PE ratio for TYL stock over the past 3 years is 99.34.
What is the 5-year average PE ratio for Tyler Technologies (TYL)?
The average PE ratio for TYL stock over the past 5 years is 95.05.
What is the highest PE ratio for TYL?
Over the last ten years, the quarterly PE ratio reached a historic high of 136.19 in the Dec 2021 quarter.
How does the current PE ratio for TYL compare to its historical average?
TYL's price to earnings ratio is currently 39% above its 10-year historical average.
Why is Tyler Technologies's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
How is TYL's PE ratio calculated (Tyler Technologies PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), Tyler Technologies's stock price is $597.21. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.58. Therefore, Tyler Technologies's price to earnings ratio for today is 107.03. PE RATIO(107.03) = STOCK PRICE($597.21) / TTM EPS($5.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.