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Pure Cycle (Pure Cycle) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is Pure Cycle Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pure Cycle Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pure Cycle's Cyclically Adjusted Price-to-FCF 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.

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Pure Cycle Cyclically Adjusted Price-to-FCF Chart

Pure Cycle Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
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Pure Cycle Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Pure Cycle's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Water subindustry, Pure Cycle's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Pure Cycle's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Pure Cycle's Cyclically Adjusted Price-to-FCF falls into.



Pure Cycle Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Pure Cycle's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Pure Cycle's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.114/129.4194*129.4194
=-0.114

Current CPI (Feb. 2024) = 129.4194.

Pure Cycle Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.078 100.373 0.101
201408 -0.150 100.352 -0.193
201411 -0.060 99.635 -0.078
201502 -0.046 99.032 -0.060
201505 0.007 100.333 0.009
201508 -0.030 100.548 -0.039
201511 -0.047 100.135 -0.061
201602 0.010 100.040 0.013
201605 -0.019 101.355 -0.024
201608 -0.025 101.617 -0.032
201611 -0.023 101.829 -0.029
201702 -0.194 102.779 -0.244
201705 -0.091 103.256 -0.114
201708 0.117 103.587 0.146
201711 -0.051 104.072 -0.063
201802 -0.136 105.052 -0.168
201805 -0.069 106.148 -0.084
201808 0.027 106.383 0.033
201811 -0.344 106.338 -0.419
201902 -0.048 106.649 -0.058
201905 -0.056 108.048 -0.067
201908 -0.007 108.245 -0.008
201911 0.516 108.519 0.615
202002 -0.020 109.139 -0.024
202005 -0.189 108.175 -0.226
202008 0.196 109.662 0.231
202011 -0.021 109.793 -0.025
202102 -0.023 110.968 -0.027
202105 -0.042 113.576 -0.048
202108 0.109 115.421 0.122
202111 -0.280 117.269 -0.309
202202 -0.391 119.703 -0.423
202205 0.021 123.323 0.022
202208 1.137 124.958 1.178
202211 -0.058 125.607 -0.060
202302 -0.462 126.928 -0.471
202305 0.146 128.314 0.147
202308 -0.047 129.538 -0.047
202311 -0.085 129.548 -0.085
202402 -0.114 129.419 -0.114

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Pure Cycle  (NAS:PCYO) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Pure Cycle Cyclically Adjusted Price-to-FCF Related Terms

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Pure Cycle (Pure Cycle) Business Description

Industry
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