Perma-Pipe International Holdings, Inc. (PPIH) Stock

About Perma-Pipe International Holdings, Inc.

Perma-Pipe International Holdings, Inc. is led by CEO Saleh Sagr, employs 750 people, headquartered in US, publicly traded since 1989.

Perma-Pipe International Holdings, Inc. (PPIH) stock trades at $28.63 with a market capitalization of $234.63M. The stock is valued at a price-to-earnings (P/E) ratio of 16.57, price-to-book of 2.78, price-to-sales of 1.14. Over the past 52 weeks the stock has ranged between $22.13 and $36.72, and currently trades 22.0% below its 52-week high.

On profitability, Perma-Pipe International Holdings, Inc. generates a return on equity (ROE) of 17.21%, above the typical market range of roughly 12-15%, return on capital employed of 16.78%, an operating margin of 12.22%, a net profit margin of 6.89%.

Perma-Pipe International Holdings, Inc. by the numbers, 2016–2025

Between 2016 and 2025 Perma-Pipe International Holdings, Inc. reported revenue of $99.0M rising to $211.0M, a change of +113.1% across 10 years. Compounded, revenue has grown 19.9% a year over five years, 13.8% over three, 33.5% over the last twelve months. Net profit rose to $17.0M.

Operating margin went from -11.7% in 2016 to 14.0% in 2025, a gain of 25.7 percentage points. The most recent net margin is 6.89%. On a trailing twelve-month basis to Jun '26, revenue is $214.0M and net profit $14.0M.

Borrowings rose from $12.0M to $47.0M, cash from operations was $9.0M in the latest year, positive in 5 of the last 10.

Return on equity has averaged 13.6% over five years, and was 18.7% in the most recent year.

The share price itself has compounded at 30.6% a year over five years, 39.7% over three, 54.4% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Perma-Pipe International Holdings, Inc. (PPIH) — frequently asked questions