Question 1

What is Tyler Technologies's P/S ratio?

Accepted Answer

Tyler Technologies (TYL) P/S ratio is 5.7× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue 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/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

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

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Tyler Technologies specifically, the relevant sector benchmark is the current sector median of 5.7×.

Question 5

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

Accepted Answer

Tyler Technologies's P/S ratio of 5.7× is below its own 5-year average of 10.0× and below the sector median of 5.7×. That places the current reading at the 1th 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/S ratio range?

Accepted Answer

In the available daily series, Tyler Technologies (TYL) P/S ratio has ranged from a low of 1.2× in 2003 to a high of 18.4× in 2021. The 5-year average is 10.0× and the 5-year median is 9.5×.

Question 7

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

Accepted Answer

Tyler Technologies (TYL) P/S ratio at the end of 2025 was 8.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). 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	$19.55B	$2.33B	8.4×	-3.2×	Dec 31, 2025
2024	$24.72B	$2.14B	11.6×	+2.5×	Dec 31, 2024
2023	$17.64B	$1.95B	9.0×	+1.8×	Dec 31, 2023
2022	$13.45B	$1.85B	7.3×	-6.6×	Dec 31, 2022
2021	$22.12B	$1.59B	13.9×	-1.9×	Dec 31, 2021
2020	$17.64B	$1.12B	15.8×	+5.0×	Dec 31, 2020
2019	$11.72B	$1.09B	10.8×	+3.1×	Dec 31, 2019
2018	$7.18B	$935.28M	7.7×	-0.3×	Dec 31, 2018
2017	$6.67B	$840.66M	7.9×	+1.0×	Dec 31, 2017
2016	$5.23B	$756.04M	6.9×	-3.5×	Dec 31, 2016
2015	$6.16B	$591.02M	10.4×	+3.0×	Dec 31, 2015
2014	$3.64B	$493.10M	7.4×	-0.6×	Dec 31, 2014
2013	$3.32B	$416.64M	8.0×	+3.9×	Dec 31, 2013
2012	$1.49B	$363.30M	4.1×	+1.2×	Dec 31, 2012
2011	$897.97M	$309.39M	2.9×	+0.6×	Dec 31, 2011
2010	$666.11M	$288.63M	2.3×	-0.1×	Dec 31, 2010
2009	$698.86M	$290.29M	2.4×	+0.8×	Dec 31, 2009
2008	$425.25M	$265.10M	1.6×	-0.6×	Dec 31, 2008
2007	$490.08M	$219.80M	2.2×	-0.6×	Dec 31, 2007
2006	$545.71M	$195.30M	2.8×	+0.8×	Dec 31, 2006
2005	$343.42M	$170.46M	2.0×	+0.1×	Dec 31, 2005
2004	$336.31M	$172.27M	2.0×	-0.8×	Dec 31, 2004
2003	$399.34M	$145.45M	2.7×	+1.3×	Dec 31, 2003
2002	$191.62M	$133.90M	1.4×	-0.4×	Dec 31, 2002
2001	$215.61M	$117.89M	1.8×	—	Dec 31, 2001


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P/S Ratio for Tyler Technologies (TYL)

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

Historical P/S Ratio for Tyler Technologies (TYL) from 2001 to 2025

About P/S Ratio at Tyler Technologies (TYL)

Tyler Technologies P/S Ratio by Year

Tyler Technologies P/S Ratio 2025: 8.4×

Tyler Technologies P/S Ratio 2024: 11.6×

Tyler Technologies P/S Ratio 2023: 9.0×

Tyler Technologies P/S Ratio 2022: 7.3×

Tyler Technologies P/S Ratio 2021: 13.9×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Tyler Technologies (TYL) Key Financials

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

Historical P/S Ratio for Tyler Technologies (TYL) from 2001 to 2025

About P/S Ratio at Tyler Technologies (TYL)

Tyler Technologies P/S Ratio by Year

Tyler Technologies P/S Ratio 2025: 8.4×

Tyler Technologies P/S Ratio 2024: 11.6×

Tyler Technologies P/S Ratio 2023: 9.0×

Tyler Technologies P/S Ratio 2022: 7.3×

Tyler Technologies P/S Ratio 2021: 13.9×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Tyler Technologies's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for Tyler Technologies?

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

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

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

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

Tyler Technologies (TYL) Key Financials