Tyler Technologies (BSP:T2YL34) Cyclically Adjusted Book per Share: R$0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BSP:T2YL34 Tyler Technologies Inc BSP:T2YL34
67 GF Score
Price R$28.30
GF Value R$49.54
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Tyler Technologies Cyclically Adjusted Book per Share?

Tyler Technologies BSP:T2YL34 67 Cyclically Adjusted Book per Share is R$0.00 as of Mar. 2026. GuruFocus rates BSP:T2YL34 with a GF Score™ of 67/100 and a GF Value™ of R$49.54 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Tyler Technologies's adjusted book value per share for the three months ended in Mar. 2026 was R$438.385. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tyler Technologies's average Cyclically Adjusted Book Growth Rate was 14.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 21.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 26.70% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Tyler Technologies was 34.50% per year. The lowest was -9.40% per year. And the median was 4.80% per year.

As of today (2026-07-13), Tyler Technologies's current stock price is R$28.30. Tyler Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$0.00. Tyler Technologies's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tyler Technologies was 26.16. The lowest was 4.60. And the median was 15.20.


Tyler Technologies  (BSP:T2YL34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tyler Technologies was 26.16. The lowest was 4.60. And the median was 15.20.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Tyler Technologies Cyclically Adjusted Book per Share Related Terms


Tyler Technologies Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Tyler Technologies's Cyclically Adjusted Book per Share 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.

Tyler Technologies Cyclically Adjusted Book per Share Chart

Tyler Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Tyler Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial 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 0.00 0.00 0.00 0.00 0.00

BSP:T2YL34 vs U, DT, PTC: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, Tyler Technologies's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio 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 Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Tyler Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tyler Technologies's Cyclically Adjusted PB Ratio falls into.


BSP:T2YL34
67GF Score
Tyler Technologies Inc BSP:T2YL34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tyler Technologies Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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.

For example, Tyler Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=438.385/330.2130*330.2130
=438.385

Current CPI (Mar. 2026) = 330.2130.

Tyler Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 78.252 241.018 107.211
201609 78.387 241.428 107.214
201612 83.519 241.432 114.231
201703 81.587 243.801 110.504
201706 89.937 244.955 121.240
201709 89.906 246.819 120.283
201712 103.647 246.524 138.833
201803 108.124 249.554 143.071
201806 130.837 251.989 171.452
201809 149.946 252.439 196.143
201812 134.420 251.233 176.678
201903 136.172 254.202 176.890
201906 142.130 256.143 183.230
201909 160.611 256.759 206.559
201912 168.847 256.974 216.969
202003 210.542 258.115 269.352
202006 235.926 257.797 302.198
202009 254.247 260.280 322.559
202012 252.052 260.474 319.536
202103 285.186 264.877 355.532
202106 259.595 271.696 315.506
202109 283.702 274.310 341.519
202112 318.097 278.802 376.754
202203 286.659 287.504 329.242
202206 298.549 296.311 332.707
202209 320.905 296.808 357.022
202212 329.463 296.797 366.557
202303 333.874 301.836 365.263
202306 319.401 305.109 345.681
202309 334.617 307.789 358.996
202312 340.410 306.746 366.452
202403 354.719 312.332 375.027
202406 395.783 314.175 415.987
202409 423.898 315.301 443.946
202412 481.165 315.605 503.436
202503 469.151 319.799 484.429
202506 466.039 322.561 477.095
202509 449.163 324.800 456.649
202512 468.480 324.054 477.384
202603 438.385 330.213 438.385

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$0.00 mean?
Tyler Technologies (BSP:T2YL34) has a Cyclically Adjusted Book per Share of R$0.00 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Tyler Technologies and its competitors.
Is Tyler Technologies' Cyclically Adjusted Book per Share too high?
Tyler Technologies' current Cyclically Adjusted Book per Share is R$0.00. Overall, Tyler Technologies has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tyler Technologies' Cyclically Adjusted Book per Share compare to U and DT?
Tyler Technologies' Cyclically Adjusted Book per Share of R$0.00 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Software company?
A good Cyclically Adjusted Book per Share depends on the Software industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Tyler Technologies and its competitors. Tyler Technologies's current Cyclically Adjusted Book per Share is R$0.00. 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 (BSP:T2YL34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$49.54, compared to a current price of R$28.30 — trading 42.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$0.00. Tyler Technologies' overall GF Score™ is 67/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Tyler Technologies (BSP:T2YL34), the current Cyclically Adjusted Book per Share is R$0.00 as of Mar. 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 (BSP:T2YL34) Overvalued in 2026?

Based on GuruFocus' analysis, Tyler Technologies stock appears to be undervalued. The current stock price of R$28.30 is trading 42.9% below its estimated GF Value™ of R$49.54. GuruFocus considers Tyler Technologies to be Significantly Undervalued.

Key valuation signals for BSP:T2YL34:

  • Cyclically Adjusted Book per Share: R$0.00
  • GF Value™: R$49.54 vs. price of R$28.30 (42.9% below fair value)
  • GF Score™: 67/100 with 1 warning sign

No single metric tells the full story. See the BSP:T2YL34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tyler Technologies Business Description

Address 5101 Tennyson Parkway, Plano, TX, USA, 75024
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.
67GF Score

Get the complete analysis for BSP:T2YL34

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$28.30
Price
R$49.54
GF Value