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Tyler Technologies Shiller PE Ratio

: 160.28 (As of Today)
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As of today (2020-11-24), Tyler Technologies's current share price is $413.52. Tyler Technologies's E10 for the quarter that ended in Sep. 2020 was $2.58. Tyler Technologies's Shiller PE Ratio for today is 160.28.

NYSE:TYL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 48.22   Med: 121.48   Max: 191.12
Current: 160.45

48.22
191.12

During the past years, Tyler Technologies's highest Shiller PE Ratio was 191.12. The lowest was 48.22. And the median was 121.48.

NYSE:TYL's Shiller PE Ratio is ranked lower than
93% of the 795 Companies
in the Software industry.

( Industry Median: 34.23 vs. NYSE:TYL: 160.45 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Tyler Technologies's adjusted earnings per share data for the three months ended in Sep. 2020 was $0.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.58 for the trailing ten years ended in Sep. 2020.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tyler Technologies Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Tyler Technologies Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 186.27 118.78 110.67 95.45 131.98

Tyler Technologies Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 120.73 131.98 125.66 139.05 135.24

Competitive Comparison
* 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.


Tyler Technologies Shiller PE Ratio Distribution

* The bar in red indicates where Tyler Technologies's Shiller PE Ratio falls into.



Tyler Technologies Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Tyler Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=413.52/2.58
=160.28

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Tyler Technologies's E10 for the quarter that ended in Sep. 2020 is calculated as:

For example, Tyler Technologies's adjusted earnings per share data for the three months ended in Sep. 2020 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=0.94/109.8149*109.8149
=0.940

Current CPI (Sep. 2020) = 109.8149.

Tyler Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201012 0.210 92.914 0.248
201103 0.170 94.890 0.197
201106 0.170 95.319 0.196
201109 0.230 95.529 0.264
201112 0.270 95.632 0.310
201203 0.170 97.075 0.192
201206 0.220 96.661 0.250
201209 0.330 97.595 0.371
201212 0.280 97.158 0.316
201303 0.250 98.107 0.280
201306 0.260 98.557 0.290
201309 0.320 98.536 0.357
201312 0.300 98.692 0.334
201403 0.330 100.023 0.362
201406 0.420 100.520 0.459
201409 0.480 100.176 0.526
201412 0.430 98.604 0.479
201503 0.480 99.824 0.528
201506 0.520 100.691 0.567
201509 0.550 100.346 0.602
201512 0.230 99.957 0.253
201603 0.470 100.947 0.511
201606 0.650 101.524 0.703
201609 0.910 101.988 0.980
201612 0.800 102.456 0.857
201703 0.840 103.167 0.894
201706 0.810 103.278 0.861
201709 0.990 104.070 1.045
201712 1.560 104.578 1.638
201803 0.950 105.708 0.987
201806 0.970 106.324 1.002
201809 0.960 106.695 0.988
201812 0.790 106.200 0.817
201903 0.690 107.818 0.703
201906 0.800 108.250 0.812
201909 1.000 108.577 1.011
201912 1.150 108.841 1.160
202003 1.160 108.173 1.178
202006 1.300 109.318 1.306
202009 0.940 109.815 0.940

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Tyler Technologies  (NYSE:TYL) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Tyler Technologies Shiller PE Ratio Related Terms


Tyler Technologies Shiller PE Ratio Headlines

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