Tyler Technologies (TYL)
(Real Time Quote from BATS)
$508.56 USD
-0.44 (-0.09%)
Updated Jul 3, 2024 03:42 PM ET
2-Buy of 5 2
D Value A Growth D Momentum C VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
TYL 508.56 -0.44(-0.09%)
Will TYL be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for TYL based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for TYL
Tyler (TYL) Expands Partnership With Arizona Supreme Court
Tyler (TYL) Enhances Presence in Maine With a New Office
TYL: What are Zacks experts saying now?
Zacks Private Portfolio Services
Tyler (TYL) Expands Production With Kingston Springs Facility
Tyler Technologies (TYL) Unveils Digital Lien & Title Service
Tyler Technologies (TYL) Rides on Growing Customer Base
Other News for TYL
Tesla, Archer Aviation rise; Eli Lilly falls, Tuesday, 7/2/2024
Tyler Technologies Expands Agreement with Arizona Supreme Court to Bring Enterprise Supervision for Juvenile Probation Statewide
New Buy Rating for Tyler Technologies (TYL), the Technology Giant
JPMorgan ups Tyler Technologies target, adds to Analyst Focus List
Tyler Technologies Opens New Office in Orono, Maine