P/E ratio for Tyler Technologies (TYL)

P/E ratio history for Tyler Technologies from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
IBM IBM	28.2	-82.29%	🇺🇸 USA
HP HPQ	15.7	-90.13%	🇺🇸 USA
Thomson Reuters TRI	32.3	-79.67%	🇨🇦 Canada
2U TWOU	-0.3465	-100.22%	🇺🇸 USA
Stride (K12 Education) LRN	28.2	-82.24%	🇺🇸 USA
Motorola Solutions MSI	48.4	-69.54%	🇺🇸 USA
Zebra Technologies ZBRA	42.6	-73.22%	🇺🇸 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.