Perma-Pipe International Holdings, Inc. (PPIH) stock
Close on Nov 11, 2026Market cap $237.41MP/E 15.2Yield –
Perma-Pipe International Holdings, Inc. grew revenue 24.8% to $226.11M over the twelve months to Jul 31, 2026. Operating income rose 23.4% to $27.26M, moving the operating margin from 12.2% to 12.1%. Free cash flow was $13.65M, up 187.0% from a year earlier. At the latest close the market valued the company at $237.41M, 15.2 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Jul 31, 2026
Valuation
- Market cap
- $237.41M
- P/E ratio
- 15.2
- Price to sales
- 1.05
- Price to book
- 2.54
- Dividend yield
- –
- Free cash flow yield
- 5.75%
Fundamentals
- Revenue
- $226.11M
- Net income
- $15.58M
- EPS, diluted
- $1.90
- Free cash flow
- $13.65M
- Book value per share
- $11.32
- Diluted shares
- 8M
Trading
- Next earnings
- Dec 11, 2026 (estimated, before the open)
- Previous close
- $29.53
- Open
- $29.76
- Day's range
- $28.88 – $29.76
- Volume
- 69,169
- Average volume (20 days)
- 71,239
- Index membership
- Russell 2000 (since Jun 2026)
- Beta (5 years)
- 0.57
- 52-week range
- $23.01 – $36.72
- RSI (14 days)
- 47.4
- Volatility (1 year)
- 51.3%
- Relative volume
- 0.90×
- WACC
- 7.4%
Index membership is inferred from the holdings of funds that track each index (IWM), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2011, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | PPIH | S&P 500 | Difference | PPIH per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -7.5% | -2.4% | −5.1 pts | ||
| 3 months | +10.5% | -1.2% | +11.6 pts | ||
| Year to date | -4.6% | +12.3% | −16.9 pts | ||
| 1 year | +5.5% | +12.4% | −6.9 pts | ||
| 3 years | +357.7% | +78.8% | +278.9 pts | +66.0% | +21.4% |
| 5 years | +237.3% | +75.2% | +162.1 pts | +27.5% | +11.9% |
| 10 years | +242.8% | +311.1% | −68.3 pts | +13.1% | +15.2% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Perma-Pipe International filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Update
- Update
- Results
About Perma-Pipe International
Industrial & Commercial Fans & Blowers & Air Purifing Equip
Perma-Pipe International Holdings, Inc. engineers, designs, fabricates, and markets specialty piping systems and leak detection solutions within a single reportable segment, Piping Systems. The company produces insulated and jacketed district heating and cooling piping, primary and secondary containment systems for hazardous liquids and chemicals, and protective pipeline coatings and insulation for oil, gas, and potable water infrastructure. It also provides electronic leak detection and location equipment to safeguard facilities and environments from fluid intrusion. Its custom-engineered systems primarily serve industrial clients and discrete underground infrastructure projects through internal sales teams, independent manufacturer representatives, and international agent networks.
Company profile, executives and historyPerma-Pipe International stock: common questions
What is Perma-Pipe International's stock price?
PPIH closed at $28.97 on Nov 11, 2026, down 1.90% on the day. Over the past 52 weeks it traded between $23.01 and $36.72.
What is Perma-Pipe International's market cap?
Perma-Pipe International was worth $237.41M at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is PPIH's P/E ratio?
PPIH trades at 15.2 times earnings, based on diluted earnings per share of $1.90 over the twelve months to Jul 31, 2026.
How much revenue does Perma-Pipe International make?
Perma-Pipe International reported revenue of $226.11M for the twelve months to Jul 31, 2026, up 24.8% from a year earlier.
Does Perma-Pipe International pay a dividend?
No. Perma-Pipe International has not paid a cash dividend over the last twelve months.
When does Perma-Pipe International report earnings next?
Perma-Pipe International is expected to report Q3 FY2026 results on Dec 11, 2026, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has PPIH stock performed over the past year?
Including dividends, PPIH returned +5.5% over the past year, against +12.4% for the S&P 500.
How many PPIH shares are sold short?
0M shares were sold short at the latest FINRA report, 4.40% of the float, or 5.3 days of average trading volume.
Who are Perma-Pipe International's competitors?
Companies most similar to Perma-Pipe International by business, industry and size include CECO, GHM, AP, GRC, FTEK.
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