Question 1

What is Tyler Technologies's P/B ratio?

Accepted Answer

Tyler Technologies (TYL) P/B ratio is 3.5× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Tyler Technologies?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Tyler Technologies specifically, the relevant sector benchmark is the current sector median of 5.6×.

Question 5

Is Tyler Technologies's P/B ratio high or low?

Accepted Answer

Tyler Technologies's P/B ratio of 3.5× is below its own 5-year average of 6.6× and below the sector median of 5.6×. That places the current reading at the 0th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Tyler Technologies's historical P/B ratio range?

Accepted Answer

In the available daily series, Tyler Technologies (TYL) P/B ratio has ranged from a low of 1.3× in 2003 to a high of 13.5× in 2013. The 5-year average is 6.6× and the 5-year median is 6.3×.

Question 7

What was Tyler Technologies's P/B ratio in 2025?

Accepted Answer

Tyler Technologies (TYL) P/B ratio at the end of 2025 was 5.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Tyler Technologies's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$19.5B	$3.7B	5.3×	-2.0×	Dec 31, 2025
2024	$24.7B	$3.39B	7.3×	+1.3×	Dec 31, 2024
2023	$17.6B	$2.94B	6.0×	+0.9×	Dec 31, 2023
2022	$13.4B	$2.62B	5.1×	-4.4×	Dec 31, 2022
2021	$22.1B	$2.32B	9.5×	+0.6×	Dec 31, 2021
2020	$17.6B	$1.99B	8.9×	+1.6×	Dec 31, 2020
2019	$11.7B	$1.62B	7.2×	+1.8×	Dec 31, 2019
2018	$7.18B	$1.32B	5.4×	-0.3×	Dec 31, 2018
2017	$6.67B	$1.17B	5.7×	+0.0×	Dec 31, 2017
2016	$5.23B	$916M	5.7×	-1.5×	Dec 31, 2016
2015	$6.16B	$859M	7.2×	-3.6×	Dec 31, 2015
2014	$3.64B	$337M	10.8×	-2.7×	Dec 31, 2014
2013	$3.32B	$246M	13.5×	+3.2×	Dec 31, 2013
2012	$1.49B	$145M	10.3×	-1.2×	Dec 31, 2012
2011	$898M	$78.1M	11.5×	+5.3×	Dec 31, 2011
2010	$666M	$107M	6.2×	+1.0×	Dec 31, 2010
2009	$699M	$134M	5.2×	+1.5×	Dec 31, 2009
2008	$425M	$114M	3.7×	+0.2×	Dec 31, 2008
2007	$490M	$137M	3.6×	-0.8×	Dec 31, 2007
2006	$546M	$126M	4.3×	+1.3×	Dec 31, 2006
2005	$343M	$112M	3.1×	+0.2×	Dec 31, 2005
2004	$336M	$118M	2.8×	-0.5×	Dec 31, 2004
2003	$399M	$118M	3.4×	+1.8×	Dec 31, 2003
2002	$192M	$119M	1.6×	—	Dec 31, 2002


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P/B Ratio for Tyler Technologies (TYL) 2002-2026

P/B Ratio daily chart for Tyler Technologies (TYL)

Historical P/B Ratio for Tyler Technologies (TYL) from 2002 to 2025

About P/B Ratio at Tyler Technologies (TYL)

Tyler Technologies P/B Ratio by Year

Tyler Technologies P/B Ratio 2025: 5.3×

Tyler Technologies P/B Ratio 2024: 7.3×

Tyler Technologies P/B Ratio 2023: 6.0×

Tyler Technologies P/B Ratio 2022: 5.1×

Tyler Technologies P/B Ratio 2021: 9.5×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Tyler Technologies (TYL) Key Financials