P/E ratio for Tyler Technologies (TYL)
P/E ratio as of June 2024 (TTM): 124
According to Tyler Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 123.616. At the end of 2022 the company had a P/E ratio of 81.4.
P/E ratio history for Tyler Technologies from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 81.4 | -40.22% |
| 2021 | 136 | 51.94% |
| 2020 | 89.6 | 12.93% |
| 2019 | 79.4 | 64.02% |
| 2018 | 48.4 | 21.08% |
| 2017 | 40.0 | -15.74% |
| 2016 | 47.4 | -48.3% |
| 2015 | 91.7 | 50.06% |
| 2014 | 61.1 | -26.97% |
| 2013 | 83.7 | 88.37% |
| 2012 | 44.4 | 31.36% |
| 2011 | 33.8 | 20.59% |
| 2010 | 28.1 | 7.09% |
| 2009 | 26.2 | -14.72% |
| 2008 | 30.7 | 7.24% |
| 2007 | 28.6 | -24.62% |
| 2006 | 38.0 | -9.11% |
| 2005 | 41.8 | 25.03% |
| 2004 | 33.4 | 117.74% |
| 2003 | 15.4 | -36.34% |
| 2002 | 24.1 | -94.7% |
| 2001 | 455 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 22.2 | -82.01% | 🇺🇸 USA |
 HP HPQ | 15.4 | -87.57% | 🇺🇸 USA |
 Zebra Technologies ZBRA | 33.5 | -72.91% | 🇺🇸 USA |
 Motorola Solutions
MSI | 37.6 | -69.55% | 🇺🇸 USA |
 2U TWOU | -1.33 | -101.07% | 🇺🇸 USA |
 Thomson Reuters
TRI | 33.6 | -72.79% | 🇨🇦 Canada |
 Stride (K12 Education)
LRN | 19.0 | -84.65% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.