Perma-PipePPIH.OValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Richly Valued” zone.
As of Oct 16, 2026, Perma-Pipe (PPIH.O) trades at a P/E of 14.70x, P/B of 2.45x, P/S of 1.01x, and a dividend yield of 0.00%.
Longitudinal percentile comparison: P/E sits at the 54th percentile over the trailing 10Y window (vs. 65th percentile over 3Y); P/B sits at the 91st percentile over the trailing 10Y window (vs. 71st percentile over 3Y); P/S sits at the 89th percentile over the trailing 10Y window (vs. 64th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 23rd percentile within its industry and the 37th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 0.00%; its historical percentile over the trailing long-term window is still accumulating data.
The P/E and P/B percentiles diverge here, differing by 37.2 points — relying on either metric alone could be misleading. Relative to industry peers, its P/E shows a deeper discount than it does against the broader market. Shareholder returns here are driven almost entirely by cash dividends, with minimal contribution from buybacks. Perma-Pipe operates in the Manufacturing sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NASDAQ: PPIH · PPIH
Want the full picture on whether Perma-Pipe (PPIH.O) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 14.70 | ||||||
| P/B (MRQ) | 2.45 | ||||||
| P/S (TTM) | 1.01 | ||||||
| Dividend Yield | 0.00% | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback + Div Yield | 0.00% | 0 | 0 | 0 | 0 | 0 | 0 |