PCYO (Pure Cycle) ROE % Adjusted to Book Value: 1.74% (As of Feb. 2026)

Pure Cycle PCYO +1.72% 72 ROE % Adjusted to Book Value is 1.74% as of Feb. 2026. 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.

Pure Cycle's ROE % for the quarter that ended in Feb. 2026 was 2.98%. Pure Cycle's PB Ratio for the quarter that ended in Feb. 2026 was 1.71. Pure Cycle's ROE % Adjusted to Book Value for the quarter that ended in Feb. 2026 was 1.74%.

Pure Cycle ROE % Adjusted to Book Value Related Terms

Pure Cycle ROE % Adjusted to Book Value Historical Data

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The historical data trend for Pure Cycle's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

Pure Cycle Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Aug25

ROE % Adjusted to Book Value

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6.26

4.07

1.81

4.73

5.66

Pure Cycle Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															1.16	3.56	10.29	6.76	1.74

PCYO vs GWRS, ARTNA, CDZI: ROE % Adjusted to Book Value Comparison

For the Utilities - Regulated Water subindustry, Pure Cycle's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Pure Cycle's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Pure Cycle's ROE % Adjusted to Book Value falls into.

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72GF Score

Pure Cycle Corp PCYO

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Pure Cycle ROE % Adjusted to Book Value Calculation

Pure Cycle's ROE % Adjusted to Book Value for the fiscal year that ended in Aug. 2025 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	9.62%	/	1.70
	=	5.66%

Pure Cycle's ROE % Adjusted to Book Value for the quarter that ended in Feb. 2026 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	2.98%	/	1.71
	=	1.74%

Frequently Asked Questions Learn more about ROE % Adjusted to Book Value →

What does a ROE % Adjusted to Book Value of 1.74% mean?

Pure Cycle (PCYO) has a ROE % Adjusted to Book Value of 1.74% as of Feb. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Pure Cycle and its competitors.

Is Pure Cycle's ROE % Adjusted to Book Value too high?

Pure Cycle's current ROE % Adjusted to Book Value is 1.74%. 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 ROE % Adjusted to Book Value compare to GWRS and ARTNA?

Pure Cycle's ROE % Adjusted to Book Value of 1.74% can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROE % Adjusted to Book Value for an Utilities - Regulated company?

A good ROE % Adjusted to Book Value depends on the Utilities - Regulated industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROE % Adjusted to Book Value mean?

A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Pure Cycle and its competitors. Pure Cycle's current ROE % Adjusted to Book Value is 1.74%. 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 ROE % Adjusted to Book Value is 1.74%. 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 ROE % Adjusted to Book Value calculated?

ROE % Adjusted to Book Value is calculated from a company's financial statements. For Pure Cycle (PCYO), the current ROE % Adjusted to Book Value is 1.74% 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:

ROE % Adjusted to Book Value: 1.74%
GF Value™: $14.11 vs. price of $11.19 (20.7% below fair value)
GF Score™: 72/100 with 3 warning signs

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

Industry Utilities Utilities - Regulated

Comparable Companies GWRS ARTNA CDZI CWCO YORW CETI MSEX AWK BSP:SBSP3 LSE:UU.LSE:SVT WTRG HKSE:00270 DFM:EMPOWER BSP:CSMG3 SHSE:600323 HKSE:00371 LSE:PNN SZSE:000598 SHSE:601158

Address 34501 E. Quincy Avenue, Building 1, Suite D, Watkins, CO, USA, 80137

Website https://www.purecyclewater.com

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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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.19

Price

$14.11

GF Value

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