Tyler Technologies, Inc. (TYL) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core...
Tyler Technologies, Inc. (TYL) currently trades at a P/E ratio of 45.53 (historical range: 35.85–144.81, median: 97.67), placing it at the 9th percentile — cheap relative to its history, P/S ratio of 6.08 (range: 4.79–16.14, 9th percentile — cheap relative to its history), EV/EBITDA of 39.61 (range: 31.46–127.25, 17th percentile).
Over the historical period (2021-09-14 to 2026-10-16), Tyler Technologies, Inc.'s P/E ratio has contracted by 21% over the observed period (from an average of 102.0 to 80.4).
Tyler Technologies, Inc. trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 45.53 | 97.67 | 9th | cheap relative to its history |
| P/S Ratio | 6.08 | 9.23 | 9th | cheap relative to its history |
| EV/EBITDA | 39.61 | 66.84 | 17th | cheap relative to its history |
| FCF Yield | 4.83% | 2.27% | 91th | cheap relative to its history |
Tyler Technologies, Inc. (TYL) Valuation & P/E History
Tyler Technologies, Inc. (TYL) is a US-listed stock operating in the Technology sector, specifically the Services-Prepackaged Software industry currently trading at $358.00 with a market capitalization of $14.7 billion. This page provides historical valuation analysis for TYL based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 45.53 is below the historical median of 97.67, placing TYL at the 9th percentile of its valuation range. The P/S ratio of 6.08 compares to a median of 9.23.
TYL Valuation Metrics & Historical Range
The valuation table above shows Tyler Technologies, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether TYL is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests TYL is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Tyler Technologies, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is TYL Overvalued or Undervalued?
Tyler Technologies, Inc. trades well below its historical valuation range across most metrics. The overall valuation percentile of 12 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive TYL is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full TYL analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.TYL trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.