Question 1

What is Tyler Technologies's P/E ratio?

Accepted Answer

Tyler Technologies (TYL) P/E ratio is 38.9× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. 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/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

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

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Tyler Technologies specifically, the relevant sector benchmark is the current sector median of 29.4×.

Question 5

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

Accepted Answer

Tyler Technologies's P/E ratio of 38.9× is below its own 5-year average of 93.7× and above the sector median of 29.4×. 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/E ratio range?

Accepted Answer

In the available daily series, Tyler Technologies (TYL) P/E ratio has ranged from a low of 6.6× in 2003 to a high of 190.0× in 2002. The 5-year average is 93.7× and the 5-year median is 94.8×.

Question 7

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

Accepted Answer

Tyler Technologies (TYL) P/E ratio at the end of 2025 was 61.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). 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	$316M	61.9×	-32.0×	Dec 31, 2025
2024	$24.7B	$263M	94.0×	-12.4×	Dec 31, 2024
2023	$17.6B	$166M	106.3×	+24.4×	Dec 31, 2023
2022	$13.4B	$164M	81.9×	-55.2×	Dec 31, 2022
2021	$22.1B	$161M	137.0×	+46.5×	Dec 31, 2021
2020	$17.6B	$195M	90.5×	+10.5×	Dec 31, 2020
2019	$11.7B	$147M	80.0×	+31.4×	Dec 31, 2019
2018	$7.18B	$147M	48.7×	+8.0×	Dec 31, 2018
2017	$6.67B	$164M	40.7×	-17.8×	Dec 31, 2017
2016	$5.23B	$89.4M	58.5×	-36.4×	Dec 31, 2016
2015	$6.16B	$64.9M	95.0×	+33.2×	Dec 31, 2015
2014	$3.64B	$58.9M	61.8×	-23.1×	Dec 31, 2014
2013	$3.32B	$39.1M	84.9×	+39.7×	Dec 31, 2013
2012	$1.49B	$33M	45.2×	+12.6×	Dec 31, 2012
2011	$898M	$27.6M	32.6×	+6.0×	Dec 31, 2011
2010	$666M	$25.1M	26.6×	+0.7×	Dec 31, 2010
2009	$699M	$27M	25.9×	-2.7×	Dec 31, 2009
2008	$425M	$14.9M	28.6×	+0.6×	Dec 31, 2008
2007	$490M	$17.5M	28.0×	-10.0×	Dec 31, 2007
2006	$546M	$14.4M	38.0×	-3.9×	Dec 31, 2006
2005	$343M	$8.19M	41.9×	+8.7×	Dec 31, 2005
2004	$336M	$10.1M	33.2×	+18.1×	Dec 31, 2004
2003	$399M	$26.4M	15.1×	-8.9×	Dec 31, 2003
2002	$192M	$7.99M	24.0×	—	Dec 31, 2002


Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Accenture (ACN)	15.4×
Gartner (IT)	14.9×
CDW (CDW)	14.5×
Adobe (ADBE)	14.4×
Leidos Holdings (LDOS)	14.1×
Zoom Communications (ZM)	13.8×
QUALCOMM (QCOM)	13.7×
PTC (PTC)	13.5×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
Cognizant (CTSH)	13.1×
First Solar (FSLR)	12.7×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Sunrun (RUN)	5.6×
Lyft (LYFT)	1.8×
IBM (IBM)	0.0×

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

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

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

About P/E Ratio at Tyler Technologies (TYL)

Tyler Technologies P/E Ratio by Year

Tyler Technologies P/E Ratio 2025: 61.9×

Tyler Technologies P/E Ratio 2024: 94.0×

Tyler Technologies P/E Ratio 2023: 106.3×

Tyler Technologies P/E Ratio 2022: 81.9×

Tyler Technologies P/E Ratio 2021: 137.0×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Tyler Technologies (TYL) Key Financials