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Tyler Technologies has the Highest P/E Ratio in the Application Software Industry (TYL, BLKB, VRNT, SLH, PEGA)

By David Diaz

Below are the three companies in the Application Software industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Tyler Technologies ranks highest with a a P/E ratio of 85.32. Following is Blackbaud with a a P/E ratio of 77.53. Verint Systems ranks third highest with a a P/E ratio of 77.42.

Solera Holdings follows with a a P/E ratio of 76.63, and Pegasystems rounds out the top five with a a P/E ratio of 63.52.

SmarTrend recommended that subscribers consider buying shares of Tyler Technologies on April 4th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $135.55. Since that recommendation, shares of Tyler Technologies have risen 25.6%. We continue to monitor Tyler Technologies for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest p/e ratio tyler technologies blackbaud verint systems solera holdings pegasystems