P/E ratio for Pure Cycle (water) (PCYO)
P/E ratio as of June 2023 (TTM): 86.0
According to Pure Cycle (water)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 86. At the end of 2021 the company had a P/E ratio of 17.9.
P/E ratio history for Pure Cycle (water) from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 17.9 | -47.65% |
| 2020 | 34.2 | -37% |
| 2019 | 54.3 | -90.09% |
| 2018 | 548 | -632.29% |
| 2017 | -103 | 35.04% |
| 2016 | -76.2 | 1300.77% |
| 2015 | -5.44 | -99.17% |
| 2014 | -652 | 2031.54% |
| 2013 | -30.6 | 974.32% |
| 2012 | -2.85 | -75.32% |
| 2011 | -11.5 | 5.97% |
| 2010 | -10.9 | 1.63% |
| 2009 | -10.7 | -39.69% |
| 2008 | -17.8 | -13.51% |
| 2007 | -20.5 | -88.41% |
| 2006 | -177 | 89.01% |
| 2005 | -93.8 | 157.81% |
| 2004 | -36.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Water Works AWK | 31.9 | -62.89% | 🇺🇸 USA |
 York Water YORW | 33.9 | -60.54% | 🇺🇸 USA |
 Middlesex Water Company
MSEX | 41.1 | -52.22% | 🇺🇸 USA |
 Cadiz CDZI | -7.80 | -109.07% | 🇺🇸 USA |
 Artesian Resources ARTNA | 22.8 | -73.49% | 🇺🇸 USA |
 SJW Group
SJW | 28.4 | -66.97% | 🇺🇸 USA |
 California Water Service CWT | 32.7 | -61.98% | 🇺🇸 USA |
 American States Water
AWR | 43.4 | -49.50% | 🇺🇸 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.