| Pure Cycle is a land and water resource development company. Co.'s segments are: wholesale water and wastewater services and land development. Co. owns or controls the water and infrastructure required to withdraw, treat, store and deliver water (such as water rights, wells, diversion structures, pipelines, reservoirs and treatment facilities required to extract and use the water); collect, treat, store and reuse wastewater; and treat and deliver reclaimed water for irrigation use. Co. owns several acres of land in Sky Ranch in the Denver metropolitan region and is developing lots at Sky Ranch for residential, commercial, retail, and light industrial uses. We show 45 historical shares outstanding datapoints in our PCYO shares outstanding history coverage, used to compute PCYO market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PCYO market cap history over the course of time is important for investors
interested in comparing PCYO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PCYO versus a peer is one thing; comparing
PCYO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PCYO can fluctuate over the course of history.
With this page we aim to empower investors researching PCYO by allowing them to research the PCYO market cap history.