Pure CyclePCYO +1.72%72 Quick Ratio is 0.83 as of Feb. 2026, which is 77% below its 10-year median of 3.54. 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 worse than 61.81% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Pure Cycle's quick ratio for the quarter that ended in Feb. 2026 was 0.83.
Pure Cycle has a quick ratio of 0.83. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Pure Cycle's Quick Ratio or its related term are showing as below:
PCYO'
s Quick Ratio Range Over the Past 10 Years
Min: 0.83 Med: 3.54 Max: 109.59
Current: 0.83
During the past 13 years, Pure Cycle's highest Quick Ratio was 109.59. The lowest was 0.83. And the median was 3.54.
PCYO's Quick Ratio is ranked worse than 61.81% of 508
companies
in the Utilities - Regulated industry
Industry Median: 1.005
vs PCYO: 0.83
Pure Cycle (NAS:PCYO) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Pure Cycle Quick Ratio Related Terms
Pure Cycle Quick Ratio Historical Data
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The historical data trend for Pure Cycle's Quick 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 Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Pure Cycle's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Pure Cycle's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Pure Cycle's Quick Ratio for the fiscal year that ended in Aug. 2025 is calculated as
* 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 Quick Ratio of 0.83 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Pure Cycle and its competitors. This is 77% below median its historical median of 3.54. Over the past decade, Pure Cycle's Quick Ratio has ranged from 0.83 to 109.59. According to the industry distribution chart, Pure Cycle ranks #314 out of 508 companies in the Utilities - Regulated industry, placing it in the top 61.8%.
Is Pure Cycle's Quick Ratio too high?
Pure Cycle's current Quick Ratio of 0.83 is 77% below median its 10-year median of 3.54. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 109.59. The Utilities - Regulated industry median Quick Ratio is 1.01. Pure Cycle's value of 0.83 is 17.4% below this industry median. Based on the distribution chart, Pure Cycle ranks #314 out of 508 companies in the Utilities - Regulated industry, which is below 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 Quick Ratio compare to GWRS and ARTNA?
According to the Utilities - Regulated industry distribution chart, Pure Cycle ranks #314 out of 508 companies for Quick Ratio. This places Pure Cycle in the lower half of its industry. The industry median Quick Ratio is 1.01. Pure Cycle's value of 0.83 is 17.4% below this benchmark. Historically, Pure Cycle's own Quick Ratio has ranged from 0.83 to 109.59 over the past decade. While the company's 10-year median is 3.54 vs. the industry median of 1.01, 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 Quick Ratio for an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pure Cycle's current Quick Ratio of 0.83 is 17.4% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Pure Cycle and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pure Cycle's current Quick Ratio is 0.83, which is 77% below median its own 10-year median of 3.54. 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 Quick Ratio is 0.83, which is 77% below median its 10-year median of 3.54 and 17.4% below the Utilities - Regulated industry median of 1.01. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Pure Cycle (PCYO), the current Quick Ratio is 0.83 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:
Quick Ratio: 0.83 (77% below median its 10-year median of 3.54)
GF Value™: $14.11 vs. price of $11.19 (20.7% below fair value)
Industry Position: 17.4% below the Utilities - Regulated median (#314 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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