Tyler Technologies, Inc.

TYL Technology Software Application

Tyler Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 9.10% from fiscal 2024.

Revenue
+8.67%
EPS
+19.8%
Free cash flow
+11.9%
Total debt
+135.5%

Quarter to September 2026, against a year earlier

415.23 15.14 −3.52%
Market cap
$17.1B
P/E
53.6×
Fwd P/E
45.9×
Dividend yield
—
F-score
6/9
Altman Z
7.25
Beneish M
−2.70
Dividend safety
n/a

Tyler Technologies, Inc. (TYL) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Tyler Technologies, Inc. (TYL) trades at a P/B ratio of 6.2×. Over the past ten years it has ranged from 3.3× (June 2026) to 14.2× (December 2015); the current reading is higher than 39% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 5.3× (27.14%)
FY2024 7.3× 24.20%
FY2023 5.8× 15.50%
FY2022 5.1× (46.54%)
FY2021 9.5× 7.46%
FY2020 8.8× 22.74%
FY2019 7.2× 32.95%
FY2018 5.4× (3.52%)
FY2017 5.6× (3.03%)
FY2016 5.8× (16.82%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 4.6× 15.36%
Jun 2026 4.0× (2.70%)
Mar 2026 4.1× (22.04%)
Dec 2025 5.3× (15.65%)
43 more quarters

Against its own ten years

Low 3.3× High 14.2×
Ten-year median 6.6×
Current reading's percentile 42

P/B ratio against peers

Company P/B ratio
FICO Fair Isaac Corporation compare n/m
GRAB Grab Holdings Limited compare 2.0×
SSNC SS&C Technologies Holdings, Inc. compare 2.8×
DT Dynatrace, Inc. compare 5.6×
TYL Tyler Technologies, Inc. 6.2×
U Unity Software Inc. compare 7.4×
DOCU Docusign Inc. compare 8.8×
GWRE Guidewire Software, Inc. compare 11.8×
MANH Manhattan Associates, Inc. compare 74.3×
Software Application industry median 2.6×
Technology sector median 2.5×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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