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TYL Tyler Technologies PE ratio, current and historical analysis

The PE ratio for Tyler Technologies stock stands at 104.84 as of Jun 14, 2024. This results from the current EPS of $4.5 and stock price of $471.79. An increase of 2.6% has been recorded in the PE ratio compared to the average of 102.2 of the past four quarters.

TYL PE ratio history

How has TYL's PE ratio performed in the past

Over the last ten years, the average PE ratio of Tyler Technologies has been 74.77. The current 104.84 price-to-earnings ratio is 40% 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.

Average
74.77
Median
71.81
Minimum
38.91
Maximum
136.19

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

What is the average PE ratio of TYL for the past years

The current PE ratio of TYL is above its 3, 5 and 10-year historical averages.

3-year avg
101.48
5-year avg
91.76
10-year avg
74.77
15-year avg
63.26

TYL PE vs peers

What is TYL's PE ratio compared to its peers

When compared to its peer stocks IBM and MSI, TYL's PE ratio is higher. Tyler Technologies's current PE ratio of 104.84 is in line with the average of its peer group, which is 30.17.

Stock name PE ratio Market cap
HPQ Hp Inc 11.84 $34.75B
LRN Stride Inc 15.64 $2.93B
IBM International Business Machines Corp 18.86 $155.44B
MSI Motorola Solutions Inc 45.07 $62.61B
ZBRA Zebra Technologies Corp 59.44 $15.5B
TYL Tyler Technologies Inc 104.84 $20.03B
TWOU 2U Inc N/A $21.01M

Frequently asked questions

What is Tyler Technologies's PE ratio?

TYL stock has a price to earnings ratio of 104.84 as of Jun 14, 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 101.48.

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 91.76.

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 40% 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 (Jun 14, 2024), Tyler Technologies's stock price is $471.79. 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 104.84. PE RATIO(104.84) = STOCK PRICE($471.79) / TTM EPS($4.5)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.