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NASDAQ · Building Products & Equipment · USD

Perma-Pipe International Holdings, Inc. (PPIH) Stock Analysis

Perma-Pipe International Holdings, Inc. (PPIH) is a Building Products & Equipment stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

PPIH

$29.67

+$0.08 (+0.27%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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PPIH Key Statistics

As of Oct 21, 2026
Trading
Open
$29.73
Previous Close
$29.59
Day's Range
28.76–29.89
52-Week Range
23.01–36.72
Volume
63.95K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.64
Valuation
Market Cap
$243.15M
P/E Ratio
15.62
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
2.82
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.08
EPS (ttm)Profit attributable to each share over the last twelve months.
1.90
Financials (FY)
Revenue (FY)
$210.93M+33.17%
Net Income (FY)
$17.04M+89.64%
Profit marginThe share of revenue left as profit after all costs and taxes.
6.89%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
8.20M
1-Year Return
+9.20%
Dividend and dates
Earnings Date
December 10, 2026estimated
Avg Volume
79.43K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, PPIH closed at $29.67, +9.20% over 1 year.

Perma-Pipe International Holdings, Inc. (PPIH) has a market capitalization of $243.15M.

In fiscal 2025, PPIH reported revenue of $210.93M.

PPIH Stock Return by Calendar Year

Perma-Pipe International Holdings, Inc. (PPIH) 10-year return: what $10,000 became

1 year
$10,000 $10,920
+9.20%
5 years
$10,000 $34,783
+247.83%
10 years
$10,000 $36,630
+266.30%

If you had invested $10,000 in Perma-Pipe International Holdings, Inc. (PPIH) 10 years ago, at the close on October 21, 2016, it would have been worth $36,630 at the close on October 21, 2026: +266.30% in total, +13.86% a year. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−2.27%
2025+103.08%
2024+88.29%
2023−15.98%
2022+8.87%
2021+42.53%
2020−35.07%
2019+7.20%
2018−2.78%
2017+11.11%
2016 (partial year)+0.62%

As of October 21, 2026.

PPIH Revenue and Earnings by Fiscal Year

FY ends January
Fiscal yearRevenueNet incomeNet margin
2025$210.93M$17.04M8.1%
2024$158.38M$8.98M5.7%
2023$150.67M$10.47M6.9%
2022$142.57M$5.95M4.2%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$210.93M$69.49M$29.45M$17.04M8.1%
2024$158.38M$53.25M$20.30M$8.98M5.7%
2023$150.67M$41.46M$13.36M$10.47M6.9%
2022$142.57M$38.30M$11.14M$5.95M4.2%

Annual figures as reported, in the company's reporting currency. As of January 31, 2026.

PPIH Valuation vs Building Products & Equipment Median

Median of 38 stocks
MetricPPIHBuilding Products & Equipment medianvs median
P/E15.6224.1135% below
P/S ratio1.081.9344% below
Profit margin6.89%4.94%2.0 pts above

Medians across 38 Building Products & Equipment stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Perma-Pipe International Holdings, Inc. (PPIH) carries a market capitalisation of $243.15M. The company sits in the Industrials sector, in the Building Products & Equipment industry. Headcount on file is 909.

Over the past 52 weeks the price has ranged from $23.01 to $36.72. The most recent close on file for PPIH is $29.67, dated October 21, 2026. That is +$0.08 (+0.27%) against the previous close. The latest close sits 28.94% above that 52-week low.

Financial Health

In fiscal 2025, Perma-Pipe International Holdings, Inc. reported revenue of $210.93M. Against the prior fiscal year total of $158.38M, that is a change of +33.17%. The same year closed with net income of $17.04M. That is +89.64% against the prior fiscal year. Profit margin runs at 6.89%. That is 2 percentage points above the Building Products & Equipment median of 4.94%. Trailing earnings per share are 1.9.

Across the 4 fiscal years on file, revenue moves from $142.57M in 2022 to $210.93M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 15.62 times earnings. That is 35.21% below the Building Products & Equipment median of 24.11. The PEG ratio, which sets the P/E against expected earnings growth, reads 2.82. Measured against sales, the shares trade at 1.08 times revenue. On price-to-sales that is 44.26% below the Building Products & Equipment median of 1.93. The medians here are taken across 38 Building Products & Equipment companies that report the metric.

Beta against the wider market is reported at 0.64. Annualized volatility over the trailing 10 years is 47.37%. The trailing one-year total return is +9.20%. Measured over 10 years, that is +13.86% a year compounded.

Growth & Income

No dividend is on file for PPIH.

2026 is still running; the total return is −2.27% year to date. Across the complete calendar years on file, 2025 returned +103.08% and 2020 returned −35.07%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

Perma-Pipe International Holdings, Inc. (PPIH) operates in the Building Products & Equipment industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Perma-Pipe International Holdings, Inc. PPIH $243.15M 15.6
Trane Technologies plc TT $103.72B 35.1
Johnson Controls International plc JCI $91.48B 42.7
Carrier Global Corporation CARR $45.34B 39.9

The Building Products & Equipment industry average P/E ratio is 24.1x. Perma-Pipe International Holdings, Inc. trades at a P/E of 15.6.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Perma-Pipe International Holdings, Inc.

Perma-Pipe International Holdings, Inc., together with its subsidiaries, designs, engineers, manufactures, and sells specialty piping and leak detection systems in the United States, Canada, the United Arab Emirates, Saudi Arabia, and internationally. The company offers insulated and jacketed district heating and cooling piping systems for energy distribution from central energy plants to other locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products. It also provides coating and insulation of oil and gas gathering and transmission pipelines; liquid and powder based anti-corrosion coatings for external and internal surfaces of steel pipe, including shapes comprising bends, reducers, tees, and other spools/fittings used in pipelines for the transportation of oil and gas products and potable water. In addition, the company offers cables, leak detection products, heat trace products, and material/goods not bundled with piping or flowline systems. Further, it provides containment systems, custom fabrications, and leak detection, as well as technical support, field service, and logistics services. The company was formerly known as MFRI, Inc. and changed its name to Perma-Pipe International Holdings, Inc. in March 2017. Perma-Pipe International Holdings, Inc. was founded in 1909 and is headquartered in The Woodlands, Texas.

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