PPIH
Perma-Pipe International Holdings
PE ratio, current and historical analysis
- Stocks
- Industrials
- NASDAQ: PPIH
- PE Ratio
As of Jul 13, 2026, the PPIH stock has a PE ratio of 14.36. The calculation is based on the latest EPS of $1.72 and the stock price of $24.7 per share. A decrease of 13% has been observed in the PE ratio compared to its average of 16.6 of the last four quarters.
PPIH PE ratio history
The mean historical PE ratio of Perma-Pipe International Holdings over the last seven years is 18.53. The current 14.36 P/E ratio is 23% lower than the historical average. Looking back at the last seven years, PPIH's PE ratio peaked in the Oct 2021 quarter at 122.14, with a price of $8.55 and an EPS of $0.07. The Jul 2024 quarter marked the lowest point at 4.97, with a price of $9.49 and an EPS of $1.91.
Perma-Pipe International Holdings PE ratio by year
Maximum annual increase: 119.25% in 2025
Maximum annual decrease: -54.69% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 13.62 | 1.34% | $28.88 | $2.12 |
| 2025 | 13.44 | 119.25% | $15.19 | $1.13 |
| 2024 | 6.13 | -54.69% | $8.03 | $1.31 |
| 2023 | 13.53 | 14.66% | $10.15 | $0.75 |
| 2022 | 11.8 | N/A | $8.85 | $0.75 |
| 2021 | N/A | N/A | $6.09 | -$0.94 |
| 2020 | 20.07 | N/A | $9.03 | $0.45 |
| 2019 | N/A | N/A | $8.74 | -$0.07 |
| 2018 | N/A | N/A | $9.05 | -$1.3 |
| 2017 | N/A | N/A | $8.75 | -$1.67 |
| 2016 | N/A | N/A | $6.4 | -$0.61 |
| 2015 | N/A | N/A | $5.58 | -$0.02 |
| 2014 | 4.86 | N/A | $14.52 | $2.99 |
| 2013 | N/A | N/A | $5.93 | -$2.67 |
| 2012 | N/A | N/A | $7.5 | -$0.72 |
Perma-Pipe International Holdings PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Apr 2026 | 19.03 | 39.72% | $32.73 | $1.72 |
| Jan 2026 | 13.62 | -14.98% | $28.88 | $2.12 |
| Oct 2025 | 16.02 | -8.93% | $27.72 | $1.73 |
| Jul 2025 | 17.59 | 128.74% | $22.16 | $1.26 |
| Apr 2025 | 7.69 | -42.78% | $12 | $1.56 |
| Jan 2025 | 13.44 | 104.88% | $15.19 | $1.13 |
| Oct 2024 | 6.56 | 31.99% | $12.99 | $1.98 |
| Jul 2024 | 4.97 | -5.87% | $9.49 | $1.91 |
| Apr 2024 | 5.28 | -13.87% | $8.6 | $1.63 |
| Jan 2024 | 6.13 | -40.72% | $8.03 | $1.31 |
| Oct 2023 | 10.34 | -20.09% | $6.72 | $0.65 |
| Jul 2023 | 12.94 | -13.56% | $8.15 | $0.63 |
| Apr 2023 | 14.97 | 10.64% | $10.93 | $0.73 |
| Jan 2023 | 13.53 | -1.74% | $10.15 | $0.75 |
| Oct 2022 | 13.77 | -17.94% | $9.78 | $0.71 |
PPIH Price vs fair value
PPIH average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of PPIH is higher than the 3-year average, but it is lower than its 5 and 10-year averages.
PE comparison
Perma-Pipe International Holdings's price to earnings (P/E) of 14.36 is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 29.39, Perma-Pipe International Holdings's price to earnings (P/E) is 51% lower.
PPIH PE vs peers
In comparison to its peer stock NWPX, PPIH's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PPIH Perma-Pipe International Holdings Inc | 14.36 | $200.71M |
| NWPX Northwest Pipe Co | 30.76 | $1.28B |
Frequently asked questions
What is Perma-Pipe International Holdings's PE ratio?
The price to earnings ratio for PPIH stock as of Jul 13, 2026, stands at 14.36.
What is the 3-year average PE ratio for Perma-Pipe International Holdings (PPIH)?
The 3-year average price to earnings ratio for PPIH stock is 11.13.
What is the 5-year average PE ratio for Perma-Pipe International Holdings (PPIH)?
The 5-year average price to earnings ratio for PPIH stock is 18.05.
What is the highest PE ratio for PPIH?
Over the last seven years, the quarterly PE ratio reached its highest level at 122.14 in the Oct 2021 quarter.
How does the current PE ratio for PPIH compare to its historical average?
PPIH's current price to earnings ratio is 23% below its 7-year historical average.
How is PPIH's PE ratio calculated (Perma-Pipe International Holdings PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 13, 2026), Perma-Pipe International Holdings's share price is $24.7. The company's earnings per share for the trailing twelve months (TTM) ending Apr 2026 is $1.72. Therefore, Perma-Pipe International Holdings's PE ratio for today is 14.36. PE RATIO(14.36) = STOCK PRICE($24.7) / TTM EPS($1.72)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.