PCYO (Pure Cycle) EV-to-EBIT: 12.95 (As of Jul. 30, 2026) — 12% Below Median

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PCYO Pure Cycle Corp PCYO
74 GF Score
Price $10.59
GF Value $14.45
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Pure Cycle EV-to-EBIT?

Pure Cycle PCYO -1.67% 74 EV-to-EBIT is 12.95 as of Jul. 30, 2026, which is 12% below its 10-year median of 14.75. GuruFocus rates PCYO with a GF Score™ of 74/100 and a GF Value™ of $14.45 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 462 Utilities - Regulated companies, Pure Cycle ranks better than 53.9% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Pure Cycle's Enterprise Value is $260.87 Mil. Pure Cycle's EBIT for the trailing twelve months (TTM) ended in May. 2026 was $20.14 Mil. Therefore, Pure Cycle's EV-to-EBIT for today is 12.95.

The historical rank and industry rank for Pure Cycle's EV-to-EBIT or its related term are showing as below:

PCYO' s EV-to-EBIT Range Over the Past 10 Years
Min: -830.74   Med: 14.75   Max: 1579.65
Current: 12.95

During the past 13 years, the highest EV-to-EBIT of Pure Cycle was 1579.65. The lowest was -830.74. And the median was 14.75.

PCYO's EV-to-EBIT is ranked better than
53.9% of 462 companies
in the Utilities - Regulated industry
Industry Median: 13.62 vs PCYO: 12.95

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Pure Cycle's Enterprise Value for the quarter that ended in May. 2026 was $255.42 Mil. Pure Cycle's EBIT for the trailing twelve months (TTM) ended in May. 2026 was $20.14 Mil. Pure Cycle's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 was 7.88%.


Pure Cycle  (NAS:PCYO) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Pure Cycle's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: May. 2026 ) =EBIT / Enterprise Value (Q: May. 2026 )
=20.138/255.424308
=7.88 %

Pure Cycle's Enterprise Value for the quarter that ended in May. 2026 was $255.42 Mil.
Pure Cycle's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $20.14 Mil.

* 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 EV-to-EBIT Related Terms


Pure Cycle EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Pure Cycle's EV-to-EBIT 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 EV-to-EBIT Chart

Pure Cycle Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.70 16.94 38.27 15.01 12.74

Pure Cycle Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
EV-to-EBIT 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 13.39 12.74 14.17 13.45 12.68

PCYO vs CDZI, GWRS, ARTNA: EV-to-EBIT Comparison

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

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

* The bar in red indicates where Pure Cycle's EV-to-EBIT falls into.


PCYO
74GF Score
Pure Cycle Corp PCYO
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pure Cycle EV-to-EBIT Calculation

Pure Cycle's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=260.874/20.138
=12.95

Pure Cycle's current Enterprise Value is $260.87 Mil.
Pure Cycle's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $20.14 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 12.95 mean?
Pure Cycle (PCYO) has a EV-to-EBIT of 12.95 as of Jul. 30, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Pure Cycle and its competitors. This is 12% below median its historical median of 14.75. According to the industry distribution chart, Pure Cycle ranks #213 out of 462 companies in the Utilities - Regulated industry, placing it in the top 46.1%.
Is Pure Cycle's EV-to-EBIT too high?
Pure Cycle's current EV-to-EBIT of 12.95 is 12% below median its 10-year median of 14.75. The Utilities - Regulated industry median EV-to-EBIT is 13.62. Pure Cycle's value of 12.95 is 4.9% below this industry median. Based on the distribution chart, Pure Cycle ranks #213 out of 462 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Pure Cycle has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pure Cycle's EV-to-EBIT compare to CDZI and GWRS?
According to the Utilities - Regulated industry distribution chart, Pure Cycle ranks #213 out of 462 companies for EV-to-EBIT. This puts Pure Cycle in the upper half of its industry. The industry median EV-to-EBIT is 13.62. Pure Cycle's value of 12.95 is 4.9% below this benchmark. While the company's 10-year median is 14.75 vs. the industry median of 13.62, Pure Cycle has consistently been below 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 EV-to-EBIT for an Utilities - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.62, based on 462 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pure Cycle's current EV-to-EBIT of 12.95 is 4.9% below 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Pure Cycle and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pure Cycle's current EV-to-EBIT is 12.95, which is 12% below median its own 10-year median of 14.75. 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 $14.45, compared to a current price of $10.59 — trading 26.7% below its estimated fair value. The current EV-to-EBIT is 12.95, which is 12% below median its 10-year median of 14.75 and 4.9% below the Utilities - Regulated industry median of 13.62. Pure Cycle's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Pure Cycle (PCYO), the current EV-to-EBIT is 12.95 as of Jul. 30, 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 $10.59 is trading 26.7% below its estimated GF Value™ of $14.45. GuruFocus considers Pure Cycle to be Modestly Undervalued.

Key valuation signals for PCYO:

  • EV-to-EBIT: 12.95 (12% below median its 10-year median of 14.75)
  • GF Value™: $14.45 vs. price of $10.59 (26.7% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 4.9% below the Utilities - Regulated median (#213 of 462)

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.
74GF Score

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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.59
Price
$14.45
GF Value