Is Tyler Technologies, Inc. (TYL) Undervalued?
Based on the current stock price of $461.06 and a P/E ratio of 64.13,Tyler Technologies, Inc. has a PEG ratio of 3.29.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 3.29, TYL appears to be potentially overvalued relative to its growth rate of 19.47%.
Based on a PEG ratio of 3.29 (adjusted for dividends).
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How we analyzed TYL
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 64.13and dividing it by the annual growth rate of 19.47%.
PEG = 64.13 (P/E) ÷ 19.47 (Growth) = 3.29
Frequently Asked Questions about TYL
What is the current PEG Ratio for Tyler Technologies, Inc. (TYL)?+
The current PEG Ratio for Tyler Technologies, Inc. is 3.29. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is TYL stock undervalued right now?+
Based on the PEG ratio of 3.29, Tyler Technologies, Inc. appears to be potentially overvalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for TYL?+
The PEGY ratio for Tyler Technologies, Inc. is 3.29. This metric accounts for dividend yield (0.00%), providing a more complete valuation picture.