Pure Cycle Corporation

PCYO Utilities Utilities Regulated Water

Pure Cycle Corporation’s revenue for fiscal 2025 (year ended August 2025) was $26.1 million, down 9.25% from fiscal 2024.

Revenue
+60.0%
EPS
+33.3%
Free cash flow
+492.1%
Total debt
+105.9%

Quarter to May 2026, against a year earlier

10.81 0.27 +2.56%
Market cap
$254.0M
P/E
17.2×
Fwd P/E
25.8×
Dividend yield
—
F-score
6/9
Altman Z
7.65
Beneish M
−2.55
Dividend safety
n/a

Pure Cycle Corporation (PCYO) P/E ratio

Alert me on P/E ratio

As of 3 November 2026, Pure Cycle Corporation (PCYO) trades at a P/E ratio of 17.2×. Over the past ten years it has ranged from 0.0× (August 2018) to 672× (September 2018); the current reading is higher than 31% of that period. That is below the Utilities Regulated Water industry median of 22.2× and below the Utilities sector median of 20.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 19.2× (9.40%)
FY2024 21.1× (60.67%)
FY2023 53.7× 103.09%
FY2022 26.5× 51.10%
FY2021 17.5× (49.56%)
FY2020 34.7× (34.32%)
FY2019 52.9× (91.82%)
FY2018 647× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/E ratio Change
May 2026 17.2× (5.37%)
Feb 2026 18.2× (8.80%)
Nov 2025 20.0× 4.25%
Aug 2025 19.2× 0.70%
42 more quarters

Against its own ten years

Low 0.0× High 672×
Ten-year median 21.4×
Current reading's percentile 8

P/E ratio against peers

Company P/E ratio
ARTNA Artesian Resources Corporation compare 14.7×
PCYO Pure Cycle Corporation 17.2×
YORW The York Water Company compare 19.7×
MSEX Middlesex Water Company compare 20.8×
CWT California Water Service Group compare 21.8×
HTO H2O America compare 23.2×
AWR American States Water Company compare 23.8×
CWCO Consolidated Water Co. Ltd. compare 26.7×
GWRS Global Water Resources, Inc. compare 101×
Utilities Regulated Water industry median 22.2×
Utilities sector median 20.0×
Market median 18.3×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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