The PE ratio for Tyler Technologies stock stands at 125.41 as of Jul 25, 2024. This results from the current EPS of $4.5 and stock price of $564.34. An increase of 23% has been recorded in the PE ratio compared to the average of 102.2 of the past four quarters.
Over the last ten years, the average PE ratio of Tyler Technologies has been 75.1. The current 125.41 price-to-earnings ratio is 67% 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.
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% |
The current PE ratio of TYL is above its 3, 5 and 10-year historical averages.
When compared to its peer stocks IBM and MSI, TYL's PE ratio is higher. Tyler Technologies's current PE ratio of 125.41 is in line with the average of its peer group, which is 32.07.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 12.11 | $35.56B |
| LRN Stride Inc | 16.94 | $3.17B |
| IBM International Business Machines Corp | 21.38 | $176.14B |
| MSI Motorola Solutions Inc | 47.26 | $65.67B |
| ZBRA Zebra Technologies Corp | 64.27 | $16.75B |
| TYL Tyler Technologies Inc | 131.26 | $25.08B |
| TWOU 2U Inc | N/A | $3.46M |
TYL stock has a price to earnings ratio of 125.41 as of Jul 25, 2024.
The average PE ratio for TYL stock over the past 3 years is 100.08.
The average PE ratio for TYL stock over the past 5 years is 93.21.
Over the last ten years, the quarterly PE ratio reached a historic high of 136.19 in the Dec 2021 quarter.
TYL's price to earnings ratio is currently 67% above its 10-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
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 (Jul 25, 2024), Tyler Technologies's stock price is $564.34. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.5. Therefore, Tyler Technologies's price to earnings ratio for today is 125.41. PE RATIO(125.41) = STOCK PRICE($564.34) / TTM EPS($4.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.