Tyler Technologies, Inc. TYL

325.57 (1.28) (0.39%) as of 25 Sep
Market cap
$13.4B
P/E
42.7×
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Tyler Technologies, Inc. (TYL) P/B ratio

As of 25 September 2026, Tyler Technologies, Inc. (TYL) trades at a P/B ratio of 4.5×. Over the past ten years it has ranged from 3.3× (June 2026) to 14.2× (December 2015); the current reading is higher than 5% of that period. That is above the Software Application industry median of 3.0× and above the Technology sector median of 3.0×.

P/B ratio, daily

Annual

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

Period P/B ratio Change
Jun 2026 4.0× (2.70%)
Mar 2026 4.1× (22.04%)
Dec 2025 5.3× (15.65%)
Sep 2025 6.3× (11.03%)
42 more quarters

Against its own ten years

Low 3.3× High 14.2×
Ten-year median 6.7×
Current reading's percentile 5

P/B ratio against peers

Company P/B ratio
GRAB Grab Holdings Limited compare 1.8×
TYL Tyler Technologies, Inc. 4.5×
PTC PTC Inc. compare 4.6×
HUBS HubSpot, Inc. compare 6.5×
FIG Figma, Inc. compare 7.4×
DOCU Docusign Inc. compare 7.5×
GWRE Guidewire Software, Inc. compare 10.3×
FROG JFrog Ltd. compare 11.3×
MANH Manhattan Associates, Inc. compare 76.9×
Software Application industry median 3.0×
Technology sector median 3.0×
Market median 1.8×

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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