PCYO vs. GNE

Last updated Jun 3, 2026

PCYO (Pure Cycle Corporation) and GNE (Genie Energy Ltd.) are both stocks. Both are in the Utilities sector — PCYO in Utilities - Regulated Water, GNE in Utilities - Regulated Electric. Over the past 10 years, PCYO returned 8.58%/yr vs 10.35%/yr for GNE. At a 0.18 correlation, their price movements are largely independent.

Performance

PCYO vs. GNE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pure Cycle Corporation (PCYO) and Genie Energy Ltd. (GNE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PCYO achieves a -4.91% return, which is significantly lower than GNE's 2.97% return. Over the past 10 years, PCYO has underperformed GNE with an annualized return of 8.58%, while GNE has yielded a comparatively higher 10.35% annualized return.

PCYO

• 1D: -0.57%
• 1M: -9.13%
• YTD: -4.91%
• 6M: -8.65%
• 1Y: -0.10%
• 3Y*: 1.48%
• 5Y*: -6.13%
• 10Y*: 8.58%

GNE

• 1D: 2.03%
• 1M: -1.01%
• YTD: 2.97%
• 6M: -0.22%
• 1Y: -33.02%
• 3Y*: 1.50%
• 5Y*: 21.25%
• 10Y*: 10.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PCYO vs. GNE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PCYO Pure Cycle Corporation	-4.91%	-13.33%	21.11%	-0.10%	-28.22%	30.01%	-10.80%	26.79%	18.92%	51.82%
GNE Genie Energy Ltd.	2.97%	-9.91%	-43.56%	177.26%	95.26%	-21.65%	-2.76%	32.91%	46.22%	-20.42%

Correlation

The correlation between PCYO and GNE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (10Y) Calculated over the trailing 10-year period	0.18
Correlation (All Time) Calculated using the full available price history since Oct 27, 2011	0.18

The correlation between PCYO and GNE shifts across timeframes, from 0.18 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap PCYO : $252.60M GNE : $367.08M
EPS PCYO : $0.61 GNE : $0.76
PE Ratio PCYO : 17.01 GNE : 18.43
PEG Ratio PCYO : 1.36 GNE : 0.41
PS Ratio PCYO : 8.24 GNE : 0.73
PB Ratio PCYO : 1.70 GNE : 1.46
Total Revenue (TTM) PCYO : $30.64M GNE : $507.21M
Gross Profit (TTM) PCYO : $18.62M GNE : $108.10M
EBITDA (TTM) PCYO : $19.50M GNE : $7.87M

Return for Risk

PCYO vs. GNE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PCYO

PCYO Risk / Return Rank: 36
PCYO Sharpe Ratio Rank: 40
PCYO Sortino Ratio Rank: 34
PCYO Omega Ratio Rank: 34
PCYO Calmar Ratio Rank: 37
PCYO Martin Ratio Rank: 36

GNE

GNE Risk / Return Rank: 14
GNE Sharpe Ratio Rank: 7
GNE Sortino Ratio Rank: 10
GNE Omega Ratio Rank: 9
GNE Calmar Ratio Rank: 18
GNE Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PCYO vs. GNE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pure Cycle Corporation (PCYO) and Genie Energy Ltd. (GNE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PCYO	GNE	Difference
Sharpe ratio Return per unit of total volatility	-0.00	-0.89	+0.88
Sortino ratio Return per unit of downside risk	0.21	-1.06	+1.27
Omega ratio Gain probability vs. loss probability	1.03	0.85	+0.17
Calmar ratio Return relative to maximum drawdown	-0.09	-0.61	+0.52
Martin ratio Return relative to average drawdown	-0.21	-0.74	+0.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PCYO vs. GNE - Sharpe Ratio Comparison

The current PCYO Sharpe Ratio is -0.00, which is higher than the GNE Sharpe Ratio of -0.89. The chart below compares the historical Sharpe Ratios of PCYO and GNE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PCYO	GNE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.00	-0.89	+0.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.19	0.49	-0.69
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	0.23	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.13	-0.07

Drawdowns

PCYO vs. GNE - Drawdown Comparison

The maximum PCYO drawdown since its inception was -89.13%, which is greater than GNE's maximum drawdown of -75.12%. Use the drawdown chart below to compare losses from any high point for PCYO and GNE.

Drawdown Indicators

	PCYO	GNE	Difference
Max Drawdown Largest peak-to-trough decline	-89.13%	-75.12%	-14.01%
Max Drawdown (1Y) Largest decline over 1 year	-17.50%	-52.48%	+34.98%
Max Drawdown (3Y) Largest decline over 3 years	-33.36%	-55.52%	+22.16%
Max Drawdown (5Y) Largest decline over 5 years	-51.46%	-55.52%	+4.06%
Max Drawdown (10Y) Largest decline over 10 years	-52.49%	-57.65%	+5.16%
Current Drawdown Current decline from peak	-36.44%	-51.89%	+15.45%
Average Drawdown Average peak-to-trough decline	-52.45%	-43.25%	-9.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.79%	43.57%	-35.78%

Volatility

PCYO vs. GNE - Volatility Comparison

Pure Cycle Corporation (PCYO) and Genie Energy Ltd. (GNE) have volatilities of 9.42% and 9.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PCYO	GNE	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.42%	9.39%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	23.84%	21.48%	+2.36%
Volatility (1Y) Calculated over the trailing 1-year period	29.68%	37.39%	-7.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.24%	43.21%	-10.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.82%	44.85%	-9.03%

Dividends

PCYO vs. GNE - Dividend Comparison

PCYO has not paid dividends to shareholders, while GNE's dividend yield for the trailing twelve months is around 2.14%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GNE Genie Energy Ltd.	2.14%	2.18%	1.92%	1.07%	3.72%	1.44%	4.58%	3.88%	4.98%	6.88%	4.17%	1.08%
PCYO Pure Cycle Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

PCYO vs. GNE - Profitability Comparison

The chart below illustrates the profitability comparison between Pure Cycle Corporation and Genie Energy Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

PCYO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pure Cycle Corporation reported a gross profit of 2.78M and revenue of 5.17M. Therefore, the gross margin over that period was 53.9%.

GNE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Genie Energy Ltd. reported a gross profit of 29.82M and revenue of 142.31M. Therefore, the gross margin over that period was 21.0%.

PCYO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pure Cycle Corporation reported an operating income of 263.00K and revenue of 5.17M, resulting in an operating margin of 5.1%.

GNE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Genie Energy Ltd. reported an operating income of 1.87M and revenue of 142.31M, resulting in an operating margin of 1.3%.

PCYO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pure Cycle Corporation reported a net income of 1.92M and revenue of 5.17M, resulting in a net margin of 37.1%.

GNE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Genie Energy Ltd. reported a net income of 5.69M and revenue of 142.31M, resulting in a net margin of 4.0%.

Frequently Asked Questions

Can I hold both PCYO and GNE in my portfolio?

PCYO and GNE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PCYO or GNE?

PCYO has higher volatility (9.42%) compared to GNE (9.39%). In terms of maximum drawdown, PCYO dropped -89.13% vs GNE's -75.12%.

Which has better risk-adjusted returns?

PCYO currently has the higher Sharpe Ratio (-0.00 vs -0.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.