Pure CyclePCYO -1.68%74 PS Ratio is 8.55 as of Jul. 02, 2026, which is 39% below its 10-year median of 13.91. GuruFocus rates PCYO with a GF Score™ of 74/100 and a GF Value™ of $14.12 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 499 Utilities - Regulated companies, Pure Cycle ranks worse than 95.99% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Pure Cycle's share price is $10.84.
Pure Cycle's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was $1.27. Hence, Pure Cycle's PS Ratio for today is 8.55.
The historical rank and industry rank for Pure Cycle's PS Ratio or its related term are showing as below:
PCYO'
s PS Ratio Range Over the Past 10 Years
Min: 6.99 Med: 13.91 Max: 322.22
Current: 8.52
During the past 13 years, Pure Cycle's highest PS Ratio was 322.22. The lowest was 6.99. And the median was 13.91.
PCYO's PS Ratio is ranked worse than 95.99% of 499
companies
in the Utilities - Regulated industry
Industry Median: 1.44
vs PCYO: 8.52
During the past 12 months, the average Revenue per Share Growth Rate of Pure Cycle was 2.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 4.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 3.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 45.80% per year.
During the past 13 years, Pure Cycle's highest 3-Year average Revenue per Share Growth Rate was 254.70% per year. The lowest was -40.80% per year. And the median was -2.50% per year.
Back to Basics: PS Ratio
Pure Cycle (NAS:PCYO) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Pure Cycle PS Ratio Related Terms
Pure Cycle PS Ratio Historical Data
* Premium members only.
The historical data trend for Pure Cycle's PS 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.
For the Utilities - Regulated Water subindustry, Pure Cycle's PS Ratio, along with its competitors' market caps and PS 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 PS Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Pure Cycle's PS Ratio distribution charts can be found below:
* The bar in red indicates where Pure Cycle's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Pure Cycle's Share Price of today is $10.84. Pure Cycle's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.27.
* 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.
It can also be calculated from the numbers for the whole company:
Pure Cycle (PCYO) has a PS Ratio of 8.55 as of Jul. 02, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Pure Cycle and its competitors. This is 39% below median its historical median of 13.91. Over the past decade, Pure Cycle's PS Ratio has ranged from 6.99 to 322.22. According to the industry distribution chart, Pure Cycle ranks #479 out of 499 companies in the Utilities - Regulated industry, placing it in the top 96%.
Is Pure Cycle's PS Ratio too high?
Pure Cycle's current PS Ratio of 8.55 is 39% below median its 10-year median of 13.91. Over the past 10 years, this metric has ranged from a low of 6.99 to a high of 322.22. The Utilities - Regulated industry median PS Ratio is 1.44. Pure Cycle's value of 8.55 is 493.8% above this industry median. Based on the distribution chart, Pure Cycle ranks #479 out of 499 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. 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 PS Ratio compare to CDZI and GWRS?
According to the Utilities - Regulated industry distribution chart, Pure Cycle ranks #479 out of 499 companies for PS Ratio. This places Pure Cycle in the lower half of its industry. The industry median PS Ratio is 1.44. Pure Cycle's value of 8.55 is 493.8% above this benchmark. Historically, Pure Cycle's own PS Ratio has ranged from 6.99 to 322.22 over the past decade. While the company's 10-year median is 13.91 vs. the industry median of 1.44, 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 PS Ratio for an Utilities - Regulated company?
The median PS Ratio among Utilities - Regulated companies is 1.44, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pure Cycle's current PS Ratio of 8.55 is 493.8% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Pure Cycle and its competitors. For the Utilities - Regulated industry, the median PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pure Cycle's current PS Ratio is 8.55, which is 39% below median its own 10-year median of 13.91. 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 $14.12, compared to a current price of $10.84 — trading 23.2% below its estimated fair value. The current PS Ratio is 8.55, which is 39% below median its 10-year median of 13.91 and 493.8% above the Utilities - Regulated industry median of 1.44. Pure Cycle's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Pure Cycle (PCYO), the current PS Ratio is 8.55 as of Jul. 02, 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 $10.84 is trading 23.2% below its estimated GF Value™ of $14.12.
GuruFocus considers Pure Cycle to be Modestly Undervalued.
Key valuation signals for PCYO:
PS Ratio: 8.55 (39% below median its 10-year median of 13.91)
GF Value™: $14.12 vs. price of $10.84 (23.2% below fair value)
Industry Position: 493.8% above the Utilities - Regulated median (#479 of 499)
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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