PPIH Perma-Pipe International Holdings PE ratio, current and historical analysis
As of Feb 21, 2025, the PPIH stock has a PE ratio of 7.12. The calculation is based on the latest EPS of $1.98 and the stock price of $14.09 per share. An increase of 24% has been observed in the PE ratio compared to its average of 5.7 of the last four quarters.
PPIH PE ratio history
The mean historical PE ratio of Perma-Pipe International Holdings over the last six years is 19.92. The current 7.12 P/E ratio is 64% lower than the historical average. Looking back at the last six 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: 98.61% in 2010
Maximum annual decrease: -54.69% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| 2011 | 17.03 | 69.79% | $10.9 | $0.64 |
| 2010 | 10.03 | 98.61% | $6.82 | $0.68 |
Perma-Pipe International Holdings PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Jul 2022 | 16.78 | 2.13% | $9.23 | $0.55 |
| Apr 2022 | 16.43 | 39.24% | $12.16 | $0.74 |
| Jan 2022 | 11.8 | -90.34% | $8.85 | $0.75 |
| Oct 2021 | 122.14 | N/A | $8.55 | $0.07 |
| Jul 2021 | N/A | N/A | $6.89 | -$0.34 |
| Apr 2021 | N/A | N/A | $6.48 | -$0.73 |
PPIH average PE ratio chart
The current PE ratio of PPIH is lower than its 3, 5 and 10-year averages.
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 | 7.12 | $112.47M |
| NWPX Northwest Pipe Co | 16.1 | $474.21M |
Frequently asked questions
What is Perma-Pipe International Holdings's PE ratio?
The price to earnings ratio for PPIH stock as of Feb 21, 2025, stands at 7.12.
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 11.06.
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 19.49.
What is the highest PE ratio for PPIH?
Over the last six 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 64% below its 6-year historical average.
Why is Perma-Pipe International Holdings's PE ratio so low?
PPIH's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 7.12 is considered low.
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 (Feb 21, 2025), Perma-Pipe International Holdings's share price is $14.09. The company's earnings per share for the trailing twelve months (TTM) ending Oct 2024 is $1.98. Therefore, Perma-Pipe International Holdings's PE ratio for today is 7.12. PE RATIO(7.12) = STOCK PRICE($14.09) / TTM EPS($1.98)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.