Stocktoria
PURE CYCLE CORP PCYO
PURE CYCLE CORP statistics & valuation
Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($8.47); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
PURE CYCLE CORP trades at about 21× earnings — near its 10-year norm (10-year range 16×–51.4×, median 22.4×).
Shaded band = 10-year range (16×–51.4×); dot = today's 21×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 61.4% | 68.7% | 55.1% | 71.2% | 62.6% | 29.2% | 31.5% | 40.2% | 34.6% | -16.9% |
| Operating margin | 29.4% | 42.6% | 14.2% | 43.9% | 30.8% | 5.9% | 14.7% | -4.4% | -173.6% | -482.1% |
| Net margin | 50.3% | 40.4% | 32.2% | 41.8% | 117.4% | 26.1% | 23.6% | 6.0% | -139.3% | -289.9% |
| FCF margin | — | — | — | — | — | — | — | -6.4% | -103.2% | -521.7% |
| Return on assets | 8.1% | 7.9% | 3.5% | 7.4% | 17.2% | 7.5% | 5.7% | 0.6% | -2.5% | -1.8% |
| Return on equity | 9.2% | 9.0% | 4.0% | 8.5% | 19.6% | 8.2% | 6.4% | 0.6% | -2.5% | -1.9% |
| Debt / equity | 0.05× | 0.05× | — | — | — | — | — | — | — | — |
| Current ratio | 2.72 | 4.05 | 4.57 | 3.49 | 3.11 | 4.18 | 2.84 | 13.59 | 28.85 | 59.74 |
Computed from company filings · US · as of 2025-08-31. Facts plus Stocktoria's own computed scores — not investment advice.