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Pure Cycle (Pure Cycle) PS Ratio

: 12.35 (As of Today)
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The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Pure Cycle's share price is $9.63. Pure Cycle's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 was $0.78. Hence, Pure Cycle's PS Ratio for today is 12.35.

The historical rank and industry rank for Pure Cycle's PS Ratio or its related term are showing as below:

PCYO' s PS Ratio Range Over the Past 10 Years
Min: 6.99   Med: 34.95   Max: 322.22
Current: 12.35

During the past 13 years, Pure Cycle's highest PS Ratio was 322.22. The lowest was 6.99. And the median was 34.95.

PCYO's PS Ratio is ranked worse than
97.25% of 510 companies
in the Utilities - Regulated industry
Industry Median: 1.26 vs PCYO: 12.35

Pure Cycle's Revenue per Sharefor the three months ended in Feb. 2024 was $0.13. Its Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 was $0.78.

Warning Sign:

Pure Cycle Corp revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Pure Cycle was 2.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was -17.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 10.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 42.40% per year.

During the past 13 years, Pure Cycle's highest 3-Year average Revenue per Share Growth Rate was 254.70% per year. The lowest was -40.80% per year. And the median was -3.80% per year.

Back to Basics: PS Ratio


Pure Cycle PS Ratio Historical Data

The historical data trend for Pure Cycle's PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pure Cycle Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.79 9.08 21.06 10.84 18.17

Pure Cycle Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
PS Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.56 10.60 18.17 12.95 12.78

Competitive Comparison

For the Utilities - Regulated Water subindustry, Pure Cycle's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pure Cycle PS Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, Pure Cycle's PS Ratio distribution charts can be found below:

* The bar in red indicates where Pure Cycle's PS Ratio falls into.



Pure Cycle PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Pure Cycle's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=9.63/0.78
=12.35

Pure Cycle's Share Price of today is $9.63.
Pure Cycle's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.78.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Pure Cycle  (NAS:PCYO) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Pure Cycle PS Ratio Related Terms

Thank you for viewing the detailed overview of Pure Cycle's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Pure Cycle (Pure Cycle) Business Description

Traded in Other Exchanges
N/A
Address
34501 E. Quincy Avenue, Building 65, Suite A, Watkins, CO, USA, 80137
Pure Cycle Corp is a diversified land and water resource development company. It designs, constructs, manages, operates, and maintains water and wastewater systems. The firm operates in two business segments namely Water and wastewater resource development and Land development. It generates maximum revenue from the Land development segment. The company's services include water production, storage, treatment, bulk transmission to retail distribution systems, wastewater collection and treatment, irrigation water treatment and transmission, construction management, billing, and collection. The land resource development segment includes all the activities necessary to develop and sell finished lots.
Executives
Mark W Harding director, officer: President and CFO 8451 DELAWARE STREET, THORNTON CO 80260
Marc Stephen Spezialy officer: Vice President and CFO 34501 E. QUINCY AVE. BLDG 65, WATKINS CO 80137
Kevin Blain Mcneill officer: Chief Financial Officer 34501 E. QUINCY AVE, BLDG 34, WATKINS CO 80018
Plaisance Spv I, Llc 10 percent owner 250 FILLMORE, SUITE 525, DENVER CO 80206
Wanda J Abel director 34501 QUINCY AVENUE BLDG. 34, WATKINS CO 80109
Fendel Frederick A. Iii director C/O PURE CYCLE CORP., 34501 E. QUINCY AVE., BLDG. 34, WATKINS CO 80137
Plaisance Capital Llc 10 percent owner 250 FILLMORE, SUITE 525, DENVER CO 80206
Patrick Beirne director 8 VIKING DR, ENGLEWOOD CO 80113
Jeffrey G Sheets director 5291 E. YALE AVE., DENVER CO 80222
Par Investment Partners Lp 10 percent owner 200 CLARENDON STREET, FL 48, BOSTON MA 02116
Daniel R Kozlowski 10 percent owner 250 FILLMORE, SUITE 525, DENVER CO 80206
Par Capital Management Inc 10 percent owner 200 CLARENDON STREET, FL 48, BOSTON MA 02116
Par Group Ii, L.p. 10 percent owner 200 CLARENDON STREET, 48TH FLOOR, BOSTON MA 02116
Epker Arthur G Iii director C/O PURE CYCLE CORPORATION, 8451 DELAWARE ST., THORNTON CO 80260
Harrison E Augur director PO BOX 4389, ASPEN CO 81611