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Pure CyclePCYO -1.49%74 EV-to-EBITDA is 11.75 as of Jul. 31, 2026, which is 22% below its 10-year median of 15.07. 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 467 Utilities - Regulated companies, Pure Cycle ranks worse than 63.38% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Pure Cycle's enterprise value is $259.91 Mil.
Pure Cycle's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was $22.11 Mil. Therefore, Pure Cycle's EV-to-EBITDA for today is 11.75.
The historical rank and industry rank for Pure Cycle's EV-to-EBITDA or its related term are showing as below:
PCYO'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -353.38 Med: 15.07 Max: 49443.25
Current: 11.75
During the past 13 years, the highest EV-to-EBITDA of Pure Cycle was 49443.25. The lowest was -353.38. And the median was 15.07.
PCYO's EV-to-EBITDA is ranked worse than 63.38% of 467
companies
in the Utilities - Regulated industry
Industry Median: 9.91
vs PCYO: 11.75
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Pure Cycle's share price for today is $10.55.
Pure Cycle's Earnings per Share (Diluted) 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 $0.610.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Pure Cycle's EV-to-EBITDA 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 CDZI, GWRS, ARTNA: EV-to-EBITDA Comparison
For the Utilities - Regulated Water subindustry, Pure Cycle's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Pure Cycle's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Pure Cycle's EV-to-EBITDA falls into.
Pure Cycle's current Enterprise Value is $259.91 Mil.
Pure Cycle's EBITDA 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 $22.11 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 (PCYO) has a EV-to-EBITDA of 11.75 as of Jul. 31, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Pure Cycle. This is 22% below median its historical median of 15.07. According to the industry distribution chart, Pure Cycle ranks #296 out of 467 companies in the Utilities - Regulated industry, placing it in the top 63.4%.
Is Pure Cycle's EV-to-EBITDA too high?
Pure Cycle's current EV-to-EBITDA of 11.75 is 22% below median its 10-year median of 15.07. The Utilities - Regulated industry median EV-to-EBITDA is 9.91. Pure Cycle's value of 11.75 is 18.6% above this industry median. Based on the distribution chart, Pure Cycle ranks #296 out of 467 companies in the Utilities - Regulated industry, which is below 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-EBITDA compare to CDZI and GWRS?
According to the Utilities - Regulated industry distribution chart, Pure Cycle ranks #296 out of 467 companies for EV-to-EBITDA. This places Pure Cycle in the lower half of its industry. The industry median EV-to-EBITDA is 9.91. Pure Cycle's value of 11.75 is 18.6% above this benchmark. While the company's 10-year median is 15.07 vs. the industry median of 9.91, 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 EV-to-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.91, based on 467 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pure Cycle's current EV-to-EBITDA of 11.75 is 18.6% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Pure Cycle. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pure Cycle's current EV-to-EBITDA is 11.75, which is 22% below median its own 10-year median of 15.07. 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 $10.55 — trading 27% below its estimated fair value. The current EV-to-EBITDA is 11.75, which is 22% below median its 10-year median of 15.07 and 18.6% above the Utilities - Regulated industry median of 9.91. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Pure Cycle (PCYO), the current EV-to-EBITDA is 11.75 as of Jul. 31, 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 $10.55 is trading 27% below its estimated GF Value™ of $14.45.
GuruFocus considers Pure Cycle to be Modestly Undervalued.
Key valuation signals for PCYO:
EV-to-EBITDA: 11.75 (22% below median its 10-year median of 15.07)
GF Value™: $14.45 vs. price of $10.55 (27% below fair value)
Industry Position: 18.6% above the Utilities - Regulated median (#296 of 467)
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.
74GF Score
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