Tyler Technologies (MEX:TYL) Price-to-Tangible-Book: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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 MXN5,858.86
GF Value MXN17,920.55
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Tyler Technologies Price-to-Tangible-Book?

As of today (2026-09-21), Tyler Technologies's share price is MXN5858.86. Tyler Technologies's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was MXN-263.56. Hence, Tyler Technologies's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Tyler Technologies's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Tyler Technologies's highest Price to Tangible Book Ratio was 321.74. The lowest was 19.46. And the median was 31.01.

MEX:TYL's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.37
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Tyler Technologies's share price is MXN5858.86. Tyler Technologies's Book Value per Sharefor the quarter that ended in Jun. 2026 was MXN1,296.63. Hence, Tyler Technologies's P/B Ratio of today is 4.52.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Tyler Technologies Price-to-Tangible-Book Related Terms

Tyler Technologies Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Tyler Technologies's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Tyler Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 85.04

Tyler Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Tangible-Book 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 95.58 111.28 85.04 144.93 -

MEX:TYL vs DT, FIG, GRAB: Price-to-Tangible-Book Comparison

For the Software - Application subindustry, Tyler Technologies's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book vs Software Industry

For the Software industry and Technology sector, Tyler Technologies's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tyler Technologies's Price-to-Tangible-Book falls into.


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

Tyler Technologies Price-to-Tangible-Book Calculation

Tyler Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=5858.86/-263.558
=

* 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.

It can also be calculated from the numbers for the whole company:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Stockholders Equity-Preferred Stock-Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Is Tyler Technologies (MEX:TYL) Overvalued in 2026?

Based on GuruFocus' analysis, Tyler Technologies stock appears to be undervalued. The current stock price of MXN5,858.86 is trading 67.3% below its estimated GF Value™ of MXN17,920.55. GuruFocus considers Tyler Technologies to be Significantly Undervalued.

Key valuation signals for MEX:TYL:

  • Price-to-Tangible-Book:
  • GF Value™: MXN17,920.55 vs. price of MXN5,858.86 (67.3% below fair value)
  • GF Score™: 81/100 with 2 warning signs

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

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

MXN5,858.86
Price
MXN17,920.55
GF Value