Perma-Pipe International Holdings, Inc.

PPIH Industrials Building Products & Equipment

Perma-Pipe International Holdings, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $210.9 million, up 33.2% from fiscal 2025. In the quarter to July 2026, revenue grew 24.4%, EPS grew 181.8%, free cash flow grew 216.1% and total debt rose 258.1%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

27.91 1.36 −4.65%
Market cap
$239.9M
P/E
14.5×
Fwd P/E
15.0×
Dividend yield
—
F-score
5/9
Altman Z
3.12
Beneish M
−1.83
Dividend safety
n/a

Perma-Pipe International Holdings, Inc. (PPIH) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Perma-Pipe International Holdings, Inc. (PPIH) trades at a P/E ratio of 14.5×. Over the past ten years it has ranged from 0.0× (October 2021) to 128× (January 2022); the current reading is higher than 75% of that period. That is below the Building Products & Equipment industry median of 23.2× and below the Industrials sector median of 24.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2026 14.0× 3.43%
FY2025 13.6× 122.95%
FY2024 6.1× (55.65%)
FY2023 13.7× 4.94%
FY2023 13.1× 10.77%
FY2022 11.8× (90.43%)
FY2022 123× —
FY2021 0.0× —
FY2021 0.0× —
FY2020 20.1× (15.12%)

Quarterly newest first

Period P/E ratio Change
Jul 2026 12.6× (33.90%)
Apr 2026 19.0× 35.65%
Jan 2026 14.0× (12.45%)
Oct 2025 16.0× (8.89%)
43 more quarters

Against its own ten years

Low 0.0× High 128×
Ten-year median 5.3×
Current reading's percentile 51

P/E ratio against peers

Company P/E ratio
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AEHL Antelope Enterprise Holdings L compare n/m
AIRJ AirJoule Technologies Corporation compare n/m
PPIH Perma-Pipe International Holdings, Inc. 14.5×
JBI Janus International Group, Inc. compare 17.3×
LMB Limbach Holdings, Inc. compare 18.8×
JLHL Julong Holding Limited compare —
Building Products & Equipment industry median 23.2×
Industrials sector median 24.7×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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