Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tyler TechnologiesTYL +4.42%83 3-Year Book Growth Rate is 11.00% as of Jun. 2026, which is 2% above its 10-year median of 10.80. GuruFocus rates TYL with a GF Score™ of 83/100 and a GF Value™ of $566.04 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,499 Software companies, Tyler Technologies ranks better than 65.15% on this metric.
During the past 12 months, Tyler Technologies's average Book Value per Share Growth Rate was -11.70% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 11.00% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 11.90% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 14.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Tyler Technologies was 71.40% per year. The lowest was -36.20% per year. And the median was 10.80% per year.
Tyler Technologies (NYSE:TYL) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Tyler Technologies 3-Year Book Growth Rate Related Terms
TYL vs DT, U, GWRE: 3-Year Book Growth Rate Comparison
For the Software - Application subindustry, Tyler Technologies's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 3-Year Book Growth Rate vs Software Industry
For the Software industry and Technology sector, Tyler Technologies's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Tyler Technologies's 3-Year Book Growth Rate falls into.
Tyler Technologies 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 11.00% mean?
Tyler Technologies (TYL) has a 3-Year Book Growth Rate of 11.00% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Tyler Technologies and its competitors. This is near median its historical median of 10.80. According to the industry distribution chart, Tyler Technologies ranks #871 out of 2499 companies in the Software industry, placing it in the top 34.9%.
Is Tyler Technologies' 3-Year Book Growth Rate too high?
Tyler Technologies' current 3-Year Book Growth Rate of 11.00% is near median its 10-year median of 10.80. The Software industry median 3-Year Book Growth Rate is 5.40. Tyler Technologies' value of 11.00% is 103.7% above this industry median. Based on the distribution chart, Tyler Technologies ranks #871 out of 2499 companies in the Software industry, which is above the industry midpoint. Overall, Tyler Technologies has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tyler Technologies' 3-Year Book Growth Rate compare to DT and U?
According to the Software industry distribution chart, Tyler Technologies ranks #871 out of 2499 companies for 3-Year Book Growth Rate. This puts Tyler Technologies in the upper half of its industry. The industry median 3-Year Book Growth Rate is 5.40. Tyler Technologies' value of 11.00% is 103.7% above this benchmark. While the company's 10-year median is 10.80 vs. the industry median of 5.40, Tyler Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Software company?
The median 3-Year Book Growth Rate among Software companies is 5.40, based on 2,499 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tyler Technologies's current 3-Year Book Growth Rate of 11.00% is 103.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Tyler Technologies and its competitors. For the Software industry, the median 3-Year Book Growth Rate is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tyler Technologies's current 3-Year Book Growth Rate is 11.00%, which is near median its own 10-year median of 10.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tyler Technologies stock overvalued right now?
Based on GuruFocus' analysis, Tyler Technologies (TYL) is currently considered Significantly Undervalued. The stock's GF Value™ is $566.04, compared to a current price of $346.88 — trading 38.7% below its estimated fair value. The current 3-Year Book Growth Rate is 11.00%, which is near median its 10-year median of 10.80 and 103.7% above the Software industry median of 5.40. Tyler Technologies' overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Tyler Technologies (TYL), the current 3-Year Book Growth Rate is 11.00% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tyler Technologies (TYL) Overvalued in 2026?
Based on GuruFocus' analysis, Tyler Technologies stock appears to be undervalued.
The current stock price of $346.88 is trading 38.7% below its estimated GF Value™ of $566.04.
GuruFocus considers Tyler Technologies to be Significantly Undervalued.
Key valuation signals for TYL:
3-Year Book Growth Rate: 11.00% (near median its 10-year median of 10.80)
GF Value™: $566.04 vs. price of $346.88 (38.7% below fair value)
Industry Position: 103.7% above the Software median (#871 of 2499)
No single metric tells the full story. See the TYL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
83GF Score
Get the complete analysis for TYL
3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TYL has been successfully added to your 
