Pure CyclePCYO +1.72%72 Current Ratio is 1.39 as of Feb. 2026, which is 66% below its 10-year median of 4.12. GuruFocus rates PCYO with a GF Score™ of 72/100 and a GF Value™ of $14.11 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 508 Utilities - Regulated companies, Pure Cycle ranks better than 65.35% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Pure Cycle's current ratio for the quarter that ended in Feb. 2026 was 1.39.
Pure Cycle has a current ratio of 1.39. It generally indicates good short-term financial strength.
The historical rank and industry rank for Pure Cycle's Current Ratio or its related term are showing as below:
PCYO'
s Current Ratio Range Over the Past 10 Years
Min: 1.39 Med: 4.12 Max: 109.59
Current: 1.39
During the past 13 years, Pure Cycle's highest Current Ratio was 109.59. The lowest was 1.39. And the median was 4.12.
PCYO's Current Ratio is ranked better than 65.35% of 508
companies
in the Utilities - Regulated industry
Industry Median: 1.08
vs PCYO: 1.39
Pure Cycle (NAS:PCYO) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Pure Cycle Current Ratio Related Terms
Pure Cycle Current Ratio Historical Data
* Premium members only.
The historical data trend for Pure Cycle's Current 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.
PCYO vs GWRS, ARTNA, CDZI: Current Ratio Comparison
For the Utilities - Regulated Water subindustry, Pure Cycle's Current Ratio, along with its competitors' market caps and Current 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 Current Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Pure Cycle's Current Ratio distribution charts can be found below:
* The bar in red indicates where Pure Cycle's Current Ratio falls into.
* 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 (PCYO) has a Current Ratio of 1.39 as of Feb. 2026. This is 66% below median its historical median of 4.12. Over the past decade, Pure Cycle's Current Ratio has ranged from 1.39 to 109.59. According to the industry distribution chart, Pure Cycle ranks #176 out of 508 companies in the Utilities - Regulated industry, placing it in the top 34.6%.
Is Pure Cycle's Current Ratio too high?
Pure Cycle's current Current Ratio of 1.39 is 66% below median its 10-year median of 4.12. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 109.59. The Utilities - Regulated industry median Current Ratio is 1.08. Pure Cycle's value of 1.39 is 28.7% above this industry median. Based on the distribution chart, Pure Cycle ranks #176 out of 508 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Pure Cycle has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pure Cycle's Current Ratio compare to GWRS and ARTNA?
According to the Utilities - Regulated industry distribution chart, Pure Cycle ranks #176 out of 508 companies for Current Ratio. This puts Pure Cycle in the upper half of its industry. The industry median Current Ratio is 1.08. Pure Cycle's value of 1.39 is 28.7% above this benchmark. Historically, Pure Cycle's own Current Ratio has ranged from 1.39 to 109.59 over the past decade. While the company's 10-year median is 4.12 vs. the industry median of 1.08, Pure Cycle has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pure Cycle's current Current Ratio of 1.39 is 28.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pure Cycle's current Current Ratio is 1.39, which is 66% below median its own 10-year median of 4.12. 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 $14.11, compared to a current price of $11.19 — trading 20.7% below its estimated fair value. The current Current Ratio is 1.39, which is 66% below median its 10-year median of 4.12 and 28.7% above the Utilities - Regulated industry median of 1.08. Pure Cycle's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Pure Cycle (PCYO), the current Current Ratio is 1.39 as of Feb. 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 $11.19 is trading 20.7% below its estimated GF Value™ of $14.11.
GuruFocus considers Pure Cycle to be Modestly Undervalued.
Key valuation signals for PCYO:
Current Ratio: 1.39 (66% below median its 10-year median of 4.12)
GF Value™: $14.11 vs. price of $11.19 (20.7% below fair value)
Industry Position: 28.7% above the Utilities - Regulated median (#176 of 508)
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 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.
72GF Score
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