Perma-Pipe International Holdings Inc PPIH
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Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Perma-Pipe Expands Coating Capabilities in India Through Majority-Owned Joint Venture with Welspun
Perma-Pipe Announces New Orders Exceeding $28 Million in North America Through First Two Months of Fiscal Q3, with Strong Winter Activity Expected in Canadian Oil and Gas Sector
Perma-Pipe International Holdings, Inc. Announces Second Quarter Fiscal 2026 Financial Results
Perma-Pipe and Welspun Announce Memorandum of Understanding to Establish Pipe Manufacturing and Coating Facilities in Jordan
Perma-Pipe Announces Closing of Global Credit Facility of Up to $139 Million
Perma-Pipe to Report Second Quarter 2026 Results and Host Investor Conference Call on Wednesday, September 9, 2026
Perma-Pipe Secures More Than $67 Million in New Orders in the Second Quarter of 2026
Trading Information
- Previous Close Price
- $28.77
- Day Range
- $28.06–29.00
- 52-Week Range
- $23.01–36.72
- Bid/Ask
- $27.67 / $28.34
- Shares Outstanding
- 8.20M
- Market Cap
- $231.64M
- Volume/Avg
- 63,500 / 79,398
Key Statistics
- Price/Earnings (Normalized)
- 12.39
- Price/Sales
- 1.03
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- Total Yield
- —
Company Profile
Perma-Pipe International Holdings Inc is engaged in the manufacture and sale of products in Piping Systems. The company engineers, designs, manufactures, and sells specialty piping systems and leak detection systems. Specialty piping systems of the company include insulated and jacketed district heating and cooling piping systems for efficient energy distribution from central energy plants to multiple locations, primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products, the coating and insulation of oil and gas gathering and transmission pipelines, and liquid and powder based anti-corrosion coatings applied both to the external and internal surfaces of steel pipe, including shapes such as bends, reducers, tees, and other fittings.
- Sector
- Industrials
- Industry
- Building Products & Equipment
- Stock Style Box
- Small Core
- Total Number of Employees
- 909
- Website
- https://www.permapipe.com
Valuation
Metric | PPIH |
|---|---|
Price/Earnings (Normalized) | 12.39 |
Price/Book Value | 2.48 |
Price/Sales | 1.03 |
Price/Cash Flow | 7.39 |
Price/Earnings
PPIH
Financial Strength
Metric | PPIH |
|---|---|
Quick Ratio | 1.78 |
Current Ratio | 2.19 |
Interest Coverage | 11.29 |
Quick Ratio
PPIH
Profitability
Metric | PPIH |
|---|---|
Return on Assets (Normalized) | 9.43% |
Return on Equity (Normalized) | 22.98% |
Return on Invested Capital (Normalized) | 14.43% |
Return on Assets
PPIH
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