Tyler Technologies (MEX:TYL) E10: MXN145.17 (As of Mar. 2026)

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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.

MEX:TYL Tyler Technologies Inc MEX:TYL
81 GF Score
Price MXN9,360.00
GF Value MXN16,472.79
! 1 Warning Sign
View Full Analysis

What is Tyler Technologies E10?

Tyler Technologies MEX:TYL 81 E10 is MXN145.17 as of Mar. 2026. GuruFocus rates MEX:TYL with a GF Score™ of 81/100 and a GF Value™ of MXN16,472.79. The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E 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 Mar. 2026 was MXN33.901. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN145.17 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tyler Technologies's average E10 Growth Rate was 13.70% per year. During the past 3 years, the average E10 Growth Rate was 11.90% per year. During the past 5 years, the average E10 Growth Rate was 13.20% per year. During the past 10 years, the average E10 Growth Rate was 17.90% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Tyler Technologies was 86.60% per year. The lowest was -31.40% per year. And the median was 16.90% per year.

As of today (2026-07-14), Tyler Technologies's current stock price is MXN9360.00. Tyler Technologies's E10 for the quarter that ended in Mar. 2026 was MXN145.17. Tyler Technologies's Shiller PE Ratio of today is 64.48.

During the past 13 years, the highest Shiller PE Ratio of Tyler Technologies was 182.18. The lowest was 52.53. And the median was 123.58.


Tyler Technologies  (MEX:TYL) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E 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 P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9360.00/145.17
=64.48

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Tyler Technologies was 182.18. The lowest was 52.53. And the median was 123.58.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Tyler Technologies E10 Related Terms


Tyler Technologies E10 Historical Data

* Premium members only.

The historical data trend for Tyler Technologies's E10 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 E10 Chart

Tyler Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.07 64.95 67.70 72.88 104.95

Tyler Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 75.18 76.42 89.28 104.95 145.17

MEX:TYL vs U, DT, PTC: E10 Comparison

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

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

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


MEX:TYL
81GF Score
Tyler Technologies Inc MEX:TYL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tyler Technologies E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

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

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=33.901/330.2130*330.2130
=33.901

Current CPI (Mar. 2026) = 330.2130.

Tyler Technologies Quarterly Data

per share eps CPI Adj_EPS
201606 12.021 241.018 16.470
201609 17.595 241.428 24.066
201612 16.494 241.432 22.559
201703 15.816 243.801 21.422
201706 14.642 244.955 19.738
201709 17.967 246.819 24.038
201712 30.638 246.524 41.039
201803 17.259 249.554 22.837
201806 19.060 251.989 24.977
201809 17.957 252.439 23.489
201812 15.512 251.233 20.389
201903 13.385 254.202 17.387
201906 15.367 256.143 19.811
201909 19.742 256.759 25.390
201912 21.689 256.974 27.870
202003 27.200 258.115 34.798
202006 30.007 257.797 38.436
202009 20.766 260.280 26.345
202012 25.661 260.474 32.531
202103 17.988 264.877 22.425
202106 12.143 271.696 14.758
202109 21.384 274.310 25.742
202112 26.463 278.802 31.343
202203 18.716 287.504 21.496
202206 18.911 296.311 21.075
202209 25.345 296.808 28.198
202212 14.232 296.797 15.834
202303 13.158 301.836 14.395
202306 19.715 305.109 21.337
202309 19.161 307.789 20.557
202312 15.447 306.746 16.629
202403 20.911 312.332 22.108
202406 28.763 314.175 30.231
202409 34.261 315.301 35.881
202412 31.075 315.605 32.513
202503 37.643 319.799 38.869
202506 36.340 322.561 37.202
202509 35.404 324.800 35.994
202512 27.009 324.054 27.522
202603 33.901 330.213 33.901

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN145.17 mean?
Tyler Technologies (MEX:TYL) has a E10 of MXN145.17 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tyler Technologies and its competitors.
Is Tyler Technologies' E10 too high?
Tyler Technologies' current E10 is MXN145.17. Overall, Tyler Technologies has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Tyler Technologies' E10 compare to U and DT?
Tyler Technologies' E10 of MXN145.17 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 E10 for a Software company?
A good E10 depends on the Software industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tyler Technologies and its competitors. Tyler Technologies's current E10 is MXN145.17. 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?
Tyler Technologies (MEX:TYL) has a current E10 of MXN145.17. The stock's GF Value™ is MXN16,472.79, compared to a current price of MXN9,360.00 — trading 43.2% below its estimated fair value. The current E10 is MXN145.17. Tyler Technologies' overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Tyler Technologies (MEX:TYL), the current E10 is MXN145.17 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 (MEX:TYL) Overvalued in 2026?

Based on GuruFocus' analysis, Tyler Technologies stock appears to be undervalued. The current stock price of MXN9,360.00 is trading 43.2% below its estimated GF Value™ of MXN16,472.79.

Key valuation signals for MEX:TYL:

  • E10: MXN145.17
  • GF Value™: MXN16,472.79 vs. price of MXN9,360.00 (43.2% below fair value)
  • GF Score™: 81/100 with 1 warning sign

No single metric tells the full story. See the MEX:TYL 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.
81GF Score

Get the complete analysis for MEX:TYL

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN9,360.00
Price
MXN16,472.79
GF Value