Tyler Technologies
TYL
#768
Rank
NZ$45.20 B
Marketcap
$1,056
Share price
-1.04%
Change (1 day)
56.75%
Change (1 year)
Tyler Technologies, Inc., is an American software company providing software to the United States public sector.

P/E ratio for Tyler Technologies (TYL)

P/E ratio as of December 2024 (TTM): 161

According to Tyler Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 160.831. 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
202281.4-40.22%
202113651.94%
202089.612.93%
201979.464.02%
201848.421.08%
201740.0-15.74%
201647.4-48.3%
201591.750.06%
201461.1-26.97%
201383.788.37%
201244.431.36%
201133.820.59%
201028.17.09%
200926.2-14.72%
200830.77.24%
200728.6-24.62%
200638.0-9.11%
200541.825.03%
200433.4117.74%
200315.4-36.34%
200224.1-94.7%
2001455

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
30.0-81.32%๐Ÿ‡บ๐Ÿ‡ธ USA
14.5-91.00%๐Ÿ‡บ๐Ÿ‡ธ USA
33.4-79.21%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-0.3465-100.22%๐Ÿ‡บ๐Ÿ‡ธ USA
29.6-81.62%๐Ÿ‡บ๐Ÿ‡ธ USA
45.4-71.77%๐Ÿ‡บ๐Ÿ‡ธ USA
43.7-72.80%๐Ÿ‡บ๐Ÿ‡ธ 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.