• Tyler Technologies average price/book ratio for 2023 was 5.9, a 2.32% increase from 2022.
• Tyler Technologies average price/book ratio for 2022 was 6.04, a 31.44% decline from 2021.
• Tyler Technologies average price/book ratio for 2021 was 8.81, a 14.27% decline from 2020.

Price/book ratio can be defined as