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Perma-Pipe International (PPIH) Stock Price, News & Analysis

Perma-Pipe International logo
$24.15 -0.11 (-0.45%)
Closing price 07/31/2026 04:00 PM Eastern
Extended Trading
$24.16 +0.01 (+0.04%)
As of 07/31/2026 07:34 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Perma-Pipe International Stock (NASDAQ:PPIH)

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Key Stats

Today's Range
$24.00
$24.80
50-Day Range
$23.23
$32.77
52-Week Range
$20.92
$36.72
Volume
63,909 shs
Average Volume
69,999 shs
Market Capitalization
$196.34 million
P/E Ratio
14.29
Dividend Yield
N/A
Price Target
$36.00
Consensus Rating
Hold

Company Overview

Perma-Pipe International Holdings Ltd. is a publicly traded company on the NASDAQ under the symbol PPIH that specializes in the design, manufacture and installation of prefabricated piping systems. Its core business revolves around factory-assembled thermal insulation and corrosion protection solutions, including pre-insulated pipe, heat tracing, field-applied jackets and specialty spool pieces. These engineered systems are custom-built to industry specifications and are used to maintain temperatures, control heat loss and extend the life of critical piping infrastructure.

The company’s products and services serve a diverse range of end markets, with primary focus on oil and gas production, petrochemical processing, power generation, district energy, and industrial facilities. Perma-Pipe works closely with clients to offer full project support, from initial engineering and materials selection through to on-site installation, commissioning and maintenance. Its integrated approach is designed to reduce field labor requirements, minimize project risk and enhance energy efficiency in both new construction and retrofit applications.

Founded in 1963 and headquartered in Burnaby, British Columbia, Perma-Pipe has expanded its global footprint with manufacturing and service centers strategically located in North America, Europe, the Middle East and Asia. This broad geographic presence enables the company to meet local project requirements while adhering to international quality and safety standards. Perma-Pipe’s network of sales and technical support teams ensures close collaboration with customers across more than 80 countries.

The company’s executive leadership is headed by President and Chief Executive Officer Rick Sobie, supported by a management team with extensive experience in engineering, manufacturing and energy markets. Under their guidance, Perma-Pipe continues to pursue targeted growth through innovation in materials, design optimization and expanded service offerings to address evolving global demand for reliable, energy-efficient piping solutions.

AI Generated. May Contain Errors.

Perma-Pipe International Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
50th Percentile Overall Score

PPIH MarketRank™: 

Perma-Pipe International scored higher than 50% of companies evaluated by MarketBeat, and ranked 443rd out of 660 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Perma-Pipe International has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and no sell ratings.

  • Upside Potential

    Perma-Pipe International has a consensus price target of $36.00, representing about 49.1% upside from its current price of $24.15.

  • Amount of Analyst Coverage

    Perma-Pipe International has only been the subject of 1 research reports in the past 90 days.

  • Read more about Perma-Pipe International's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Perma-Pipe International is 14.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 40.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Perma-Pipe International is 14.29, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 27.58.

  • Price to Book Value per Share Ratio

    Perma-Pipe International has a P/B Ratio of 2.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Perma-Pipe International's valuation and earnings.
  • Percentage of Shares Shorted

    4.11% of the float of Perma-Pipe International has been sold short.
  • Short Interest Ratio / Days to Cover

    Perma-Pipe International has a short interest ratio ("days to cover") of 4.09.
  • Change versus previous month

    Short interest in Perma-Pipe International has recently increased by 9.26%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Perma-Pipe International does not currently pay a dividend.

  • Dividend Growth

    Perma-Pipe International does not have a long track record of dividend growth.

  • News Sentiment

    Perma-Pipe International has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Industrials companies.
  • Search Interest

    Only 1 people have searched for PPIH on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Perma-Pipe International to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Perma-Pipe International insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    1.10% of the stock of Perma-Pipe International is held by insiders.

  • Percentage Held by Institutions

    28.43% of the stock of Perma-Pipe International is held by institutions.

  • Read more about Perma-Pipe International's insider trading history.
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PPIH Stock News Headlines

Perma-Pipe Joins Russell 2000 and Russell 3000 Indexes
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PPIH Stock Analysis - Frequently Asked Questions

Perma-Pipe International's stock was trading at $30.36 at the start of the year. Since then, PPIH shares have decreased by 20.5% and is now trading at $24.15.

Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) posted its quarterly earnings results on Tuesday, June, 9th. The industrial products company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.48 by $0.26. The industrial products company had revenue of $50.27 million for the quarter, compared to analyst estimates of $54 million. Perma-Pipe International had a trailing twelve-month return on equity of 15.92% and a net margin of 6.47%.

Shares of PPIH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Perma-Pipe International investors own include Avino Silver & Gold Mines (ASM), Applied Materials (AMAT), Carnival (CCL), Energy Transfer (ET), G-III Apparel Group (GIII), Gilead Sciences (GILD) and General Mills (GIS).

Company Calendar

Last Earnings
6/09/2026
Today
8/01/2026
Next Earnings (Estimated)
9/09/2026
Fiscal Year End
1/31/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Machinery
Sub-Industry
Industrial Machinery & Supplies & Components
Current Symbol
NASDAQ:PPIH
CIK
914122
Employees
610
Year Founded
1993

Price Target and Rating

High Price Target
$36.00
Low Price Target
$36.00
Potential Upside/Downside
+49.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.69
Trailing P/E Ratio
14.29
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$17.03 million
Net Margins
6.47%
Pretax Margin
11.18%
Return on Equity
15.92%
Return on Assets
6.57%

Debt

Debt-to-Equity Ratio
0.21
Current Ratio
2.31
Quick Ratio
2.02

Sales & Book Value

Annual Sales
$210.93 million
Price / Sales
0.93
Cash Flow
$2.70 per share
Price / Cash Flow
8.95
Book Value
$11.20 per share
Price / Book
2.16

Miscellaneous

Outstanding Shares
8,130,000
Free Float
8,037,000
Market Cap
$196.34 million
Optionable
Optionable
Beta
0.56

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This page (NASDAQ:PPIH) was last updated on 8/1/2026 by MarketBeat.com Staff.
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