Tyler Technologies (MIL:1TYL) E10: €4.61 (As of Mar. 2026)


MIL:1TYL Tyler Technologies Inc MIL:1TYL
66 GF Score
Price €242.80
GF Value €481.75
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Tyler Technologies E10?

Tyler Technologies MIL:1TYL 66 E10 is €4.61 as of Mar. 2026. GuruFocus rates MIL:1TYL with a GF Score™ of 66/100 and a GF Value™ of €481.75 (Significantly Undervalued). 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 €1.626. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.61 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 (2026-07-12), Tyler Technologies's current stock price is €242.80. Tyler Technologies's E10 for the quarter that ended in Mar. 2026 was €4.61. Tyler Technologies's Shiller PE Ratio of today is 52.67.

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 123.60.


Tyler Technologies  (MIL:1TYL) 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
=242.80/4.61
=52.67

* 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 123.60.


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 0.00 0.00 0.00 0.00 4.46

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 0.00 4.14 4.35 4.46 4.61

MIL:1TYL 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.


MIL:1TYL
66GF Score
Tyler Technologies Inc MIL:1TYL
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)
=1.626/330.2130*330.2130
=1.626

Current CPI (Mar. 2026) = 330.2130.

Tyler Technologies Quarterly Data

per share eps CPI Adj_EPS
201606 0.579 241.018 0.793
201609 0.811 241.428 1.109
201612 0.758 241.432 1.037
201703 0.785 243.801 1.063
201706 0.721 244.955 0.972
201709 0.831 246.819 1.112
201712 1.318 246.524 1.765
201803 0.770 249.554 1.019
201806 0.830 251.989 1.088
201809 0.823 252.439 1.077
201812 0.694 251.233 0.912
201903 0.611 254.202 0.794
201906 0.708 256.143 0.913
201909 0.908 256.759 1.168
201912 1.035 256.974 1.330
202003 1.050 258.115 1.343
202006 1.154 257.797 1.478
202009 0.798 260.280 1.012
202012 1.060 260.474 1.344
202103 0.739 264.877 0.921
202106 0.506 271.696 0.615
202109 0.884 274.310 1.064
202112 1.142 278.802 1.353
202203 0.854 287.504 0.981
202206 0.889 296.311 0.991
202209 1.273 296.808 1.416
202212 0.689 296.797 0.767
202303 0.682 301.836 0.746
202306 1.061 305.109 1.148
202309 1.031 307.789 1.106
202312 0.834 306.746 0.898
202403 1.159 312.332 1.225
202406 1.459 314.175 1.533
202409 1.568 315.301 1.642
202412 1.423 315.605 1.489
202503 1.702 319.799 1.757
202506 1.673 322.561 1.713
202509 1.644 324.800 1.671
202512 1.281 324.054 1.305
202603 1.626 330.213 1.626

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 €4.61 mean?
Tyler Technologies (MIL:1TYL) has a E10 of €4.61 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 €4.61. Overall, Tyler Technologies has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tyler Technologies' E10 compare to U and DT?
Tyler Technologies' E10 of €4.61 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 €4.61. 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 (MIL:1TYL) is currently considered Significantly Undervalued. The stock's GF Value™ is €481.75, compared to a current price of €242.80 — trading 49.6% below its estimated fair value. The current E10 is €4.61. Tyler Technologies' overall GF Score™ is 66/100 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 (MIL:1TYL), the current E10 is €4.61 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 (MIL:1TYL) Overvalued in 2026?

Based on GuruFocus' analysis, Tyler Technologies stock appears to be undervalued. The current stock price of €242.80 is trading 49.6% below its estimated GF Value™ of €481.75. GuruFocus considers Tyler Technologies to be Significantly Undervalued.

Key valuation signals for MIL:1TYL:

  • E10: €4.61
  • GF Value™: €481.75 vs. price of €242.80 (49.6% below fair value)
  • GF Score™: 66/100 with 1 warning sign

No single metric tells the full story. See the MIL:1TYL 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.
66GF Score

Get the complete analysis for MIL:1TYL

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

€242.80
Price
€481.75
GF Value