P/E ratio for Pure Cycle (water) (PCYO)
P/E ratio as of April 2024 (TTM): 24.5
According to Pure Cycle (water)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.5385. At the end of 2022 the company had a P/E ratio of 30.8.
P/E ratio history for Pure Cycle (water) from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.8 | 87.9% |
| 2021 | 16.4 | -88.15% |
| 2020 | 138 | 346.32% |
| 2019 | 31.0 | -83.11% |
| 2018 | 184 | -218.93% |
| 2017 | -154 | 96.56% |
| 2016 | -78.6 | 1478.81% |
| 2015 | -4.98 | -102.54% |
| 2014 | 196 | -594.91% |
| 2013 | -39.6 | 920.52% |
| 2012 | -3.88 | -46.39% |
| 2011 | -7.23 | -42.97% |
| 2010 | -12.7 | 15.66% |
| 2009 | -11.0 | 40.75% |
| 2008 | -7.79 | -62.53% |
| 2007 | -20.8 | -69.73% |
| 2006 | -68.7 | -27.02% |
| 2005 | -94.1 | 145.91% |
| 2004 | -38.3 | -71.45% |
| 2003 | -134 | -242.8% |
| 2002 | 93.8 | -149.54% |
| 2001 | -189 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Water Works AWK | 25.2 | 2.61% | 🇺🇸 USA |
 York Water YORW | 24.3 | -0.83% | 🇺🇸 USA |
 Middlesex Water Company
MSEX | 23.4 | -4.76% | 🇺🇸 USA |
 Cadiz CDZI | -3.66 | -114.92% | 🇺🇸 USA |
 Artesian Resources ARTNA | 20.3 | -17.33% | 🇺🇸 USA |
 SJW Group
SJW | 17.3 | -29.57% | 🇺🇸 USA |
 California Water Service Group CWT | 63.8 | 159.98% | 🇺🇸 USA |
 American States Water
AWR | 22.4 | -8.75% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.