PCYO (Pure Cycle) Book Value per Share: $6.29 (As of May. 2026)

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PCYO Pure Cycle Corp PCYO
73 GF Score
Price $10.53
GF Value $14.44
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Pure Cycle Book Value per Share?

Pure Cycle PCYO -3.05% 73 Book Value per Share is $6.29 as of May. 2026. GuruFocus rates PCYO with a GF Score™ of 73/100 and a GF Value™ of $14.44 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Pure Cycle's book value per share for the quarter that ended in May. 2026 was $6.29.

During the past 12 months, Pure Cycle's average Book Value Per Share Growth Rate was 10.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Pure Cycle was 75.30% per year. The lowest was -19.10% per year. And the median was 4.60% per year.

Pure Cycle's current price is $10.53. Its book value per share for the quarter that ended in May. 2026 was $6.29. Hence, today's PB Ratio of Pure Cycle is 1.67.

During the past 13 years, the highest P/B Ratio of Pure Cycle was 4.07. The lowest was 1.55. And the median was 2.50.

Good Sign:

Pure Cycle Corp stock PB Ratio (=1.67) is close to 10-year low of 1.55.


Pure Cycle  (NAS:PCYO) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Pure Cycle Book Value per Share Related Terms


Pure Cycle Book Value per Share Historical Data

* Premium members only.

The historical data trend for Pure Cycle's Book Value per Share 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.

Pure Cycle Book Value per Share Chart

Pure Cycle Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.30 4.71 4.91 5.39 5.93

Pure Cycle Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Book Value per Share Get a 7-Day Free Trial 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 5.68 5.93 6.12 6.17 6.29

PCYO vs CDZI, GWRS, ARTNA: Book Value per Share Comparison

For the Utilities - Regulated Water subindustry, Pure Cycle's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio vs Utilities - Regulated Industry

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

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


PCYO
73GF Score
Pure Cycle Corp PCYO
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pure Cycle Book Value per Share Calculation

Pure Cycle's Book Value Per Share for the fiscal year that ended in Aug. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(142.74-0.00)/24.07
=5.93

Pure Cycle's Book Value Per Share for the quarter that ended in May. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(151.58-0.00)/24.10
=6.29

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $6.29 mean?
Pure Cycle (PCYO) has a Book Value per Share of $6.29 as of May. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Pure Cycle and its competitors.
Is Pure Cycle's Book Value per Share too high?
Pure Cycle's current Book Value per Share is $6.29. Overall, Pure Cycle has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pure Cycle's Book Value per Share compare to CDZI and GWRS?
Pure Cycle's Book Value per Share of $6.29 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Utilities - Regulated company?
A good Book Value per Share depends on the Utilities - Regulated industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Pure Cycle and its competitors. Pure Cycle's current Book Value per Share is $6.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pure Cycle stock overvalued right now?
Based on GuruFocus' analysis, Pure Cycle (PCYO) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.44, compared to a current price of $10.53 — trading 27.1% below its estimated fair value. The current Book Value per Share is $6.29. Pure Cycle's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Pure Cycle (PCYO), the current Book Value per Share is $6.29 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pure Cycle (PCYO) Overvalued in 2026?

Based on GuruFocus' analysis, Pure Cycle stock appears to be undervalued. The current stock price of $10.53 is trading 27.1% below its estimated GF Value™ of $14.44. GuruFocus considers Pure Cycle to be Modestly Undervalued.

Key valuation signals for PCYO:

  • Book Value per Share: $6.29
  • GF Value™: $14.44 vs. price of $10.53 (27.1% below fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the PCYO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pure Cycle Business Description

Address 34501 E. Quincy Avenue, Building 1, Suite D, Watkins, CO, USA, 80137
Pure Cycle Corp is a diversified land and water resource development company. The company designs, constructs, manages, operates, and maintains water and wastewater systems. The firm operates in three business segments namely Water and wastewater resource development, Land development, and the Single-Family Rental Segment. It generates maximum revenue from the Land development segment. The land resource development segment includes all the activities necessary to develop and sell finished lots.
73GF Score

Get the complete analysis for PCYO

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.53
Price
$14.44
GF Value