Saturday 10 October 2026 Export all PCYO data to Excel Powerpack

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. In the quarter to May 2026, revenue grew 60.0%, EPS grew 33.3%, free cash flow grew 492.1% and total debt rose 105.9%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

11.11 0.11 +1.00%
Market cap
$265.1M
P/E
18.2×
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 9 October 2026, Pure Cycle Corporation (PCYO) trades at a P/E ratio of 18.2×. Over the past ten years it has ranged from 0.0× (August 2018) to 672× (September 2018); the current reading is higher than 37% of that period. That is below the Utilities Regulated Water industry median of 20.5× and below the Utilities sector median of 19.8×.

P/E ratio, daily

Embed this chart

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 21.6×
Current reading's percentile 17

P/E ratio against peers

Company P/E ratio
CDZI Cadiz, Inc. compare n/m
ARTNA Artesian Resources Corporation compare 14.6×
PCYO Pure Cycle Corporation 18.2×
YORW The York Water Company compare 19.3×
HTO H2O America compare 20.5×
CWT California Water Service Group compare 20.6×
MSEX Middlesex Water Company compare 20.6×
CWCO Consolidated Water Co. Ltd. compare 29.7×
GWRS Global Water Resources, Inc. compare 74.1×
Utilities Regulated Water industry median 20.5×
Utilities sector median 19.8×
Market median 17.9×

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 →

More on PCYO