As of today (2024-04-19), Tyler Technologies's share price is $402.95. Tyler Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-13.95. Hence, Tyler Technologies's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Tyler Technologies's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Tyler Technologies's highest Price to Tangible Book Ratio was 29.63. The lowest was 20.56. And the median was 22.05.
TYL's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.51 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Tyler Technologies's share price is $402.95. Tyler Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $69.47. Hence, Tyler Technologies's P/B Ratio of today is 5.80.
Tyler Technologies Price-to-Tangible-Book Historical Data
The historical data trend for Tyler Technologies's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Tyler Technologies Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
29.63
21.67
-
-
-
Tyler Technologies Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Price-to-Tangible-Book
-
-
-
-
-
Competitive Comparison
For the Software - Application subindustry, Tyler Technologies's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tyler Technologies Price-to-Tangible-Book Distribution
For the Software industry and Technology sector, Tyler Technologies's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Tyler Technologies's Price-to-Tangible-Book falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Tyler Technologies Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Tyler Technologies's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Tyler Technologies (Tyler Technologies) Business Description
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 products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
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