Perma-Pipe International Holdings (PPIH) Key Ratios
$29.11
As on 08-Sep-2026 16:00EDT
Market cap
$231 Mln
Revenue (TTM)
$214 Mln
P/E Ratio
16.2
P/B Ratio
2.4
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -8.82 | 7.53 | 25.55 | 15.00 | 19.95 |
| EBIT | -35.05 | -42.27 | 33.76 | 30.45 | 48.14 |
| Net Profit | -76.00 | -75.01 | 32.66 | 22.09 | 30.20 |
| EPS | -- | -- | -- | -- | -- |
| Book Value | -- | -- | -- | -- | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Jan-26 | Jan-25 |
| EBIT-Margin
| 11.70 | 10.01 | 12.15 | 14.04 | 12.89 |
| Net Margin
| -- | 4.25 | 6.47 | -- | -- |
| Return on equity
| 16.97 | 14.64 | 11.67 | 20.93 | 13.03 |
| Return on Capital
| 11.37 | 9.63 | -- | 14.03 | 8.81 |
| Return on Assets
| 7.34 | 6.44 | 5.29 | 8.90 | 5.60 |
| Debt to Equity (x)
| -- | -- | 0.20 | 0.52 | 0.46 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
--
|
14.03
|
8.81
|
11.28
|
6.75
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
11.67
Higher than Peers by 4.64
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
11.67
|
20.93
|
13.03
|
16.96
|
10.59
|
|
Peer Median
|
7.03
|
--
|
--
|
--
|
--
|
ROA
5.29
Higher than Peers by 1.65
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
5.29
|
8.90
|
5.60
|
7.51
|
4.83
|
|
Peer Median
|
3.64
|
--
|
--
|
--
|
--
|
EBIT Margin
12.15
Higher than Peers by 3.64
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
12.15
|
14.04
|
12.89
|
8.18
|
8.28
|
|
Peer Median
|
8.51
|
--
|
--
|
--
|
--
|
Net Margin
6.47
Higher than Peers by 0.75
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
6.47
|
8.08
|
5.67
|
6.95
|
4.15
|
|
Peer Median
|
5.73
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
25.55
Higher than Peers by 22.15
Year on year growth in net sales
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
25.55
|
0.33
|
0.05
|
0.06
|
0.03
|
|
Peer Median
|
3.39
|
--
|
--
|
--
|
--
|
EBIT Growth
33.76
Higher than Peers by 27.75
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
33.76
|
45.10
|
65.65
|
4.40
|
27.65
|
|
Peer Median
|
6.01
|
--
|
--
|
--
|
--
|
Net Profit Growth
32.66
Higher than Peers by 35.87
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
32.66
|
89.64
|
-14.21
|
76.13
|
-1.93
|
|
Peer Median
|
-3.21
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.20
Lower than Peers by 0.08
Total debt / Net worth
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
0.20
|
0.52
|
0.46
|
0.50
|
0.51
|
|
Peer Median
|
0.28
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.14
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
0.14
|
0.24
|
0.14
|
0.16
|
0.20
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.31
Higher than Peers by 0.29
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
2.31
|
1.84
|
2.01
|
1.71
|
1.96
|
|
Peer Median
|
2.02
|
--
|
--
|
--
|
--
|
Quick Ratio
2.02
Higher than Peers by 0.40
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
2.02
|
1.61
|
1.71
|
1.44
|
1.62
|
|
Peer Median
|
1.62
|
--
|
--
|
--
|
--
|
Interest Coverage
12.86
Higher than Peers by 8.45
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
12.86
|
13.97
|
9.18
|
5.07
|
5.26
|
|
Peer Median
|
4.41
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
40.46
Higher than Peers by 20.33
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
40.46
|
47.17
|
41.05
|
44.03
|
39.82
|
|
Peer Median
|
20.13
|
--
|
--
|
--
|
--
|
Asset Turnover
0.82
Higher than Peers by 0.15
Sales / Average Total Assets
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
0.82
|
1.10
|
0.99
|
1.08
|
1.16
|
|
Peer Median
|
0.66
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
--
|
142.43
|
151.46
|
149.22
|
136.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
--
|
44.85
|
55.87
|
50.63
|
49.91
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
--
|
62.28
|
85.14
|
67.02
|
49.69
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
--
|
125.01
|
122.19
|
132.84
|
136.24
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
16.22
Lower than Peers by 18.35
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
16.22
|
--
|
--
|
--
|
--
|
|
Peer Median
|
34.56
|
--
|
--
|
--
|
--
|
Price / Book Value
2.37
Higher than Peers by 0.33
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
2.37
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.04
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
7.72
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
7.72
|
0.82
|
0.73
|
1.67
|
1.53
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
231
Higher than Peers by 74
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Jan-26
|
Jan-25
|
Jan-24
|
Jan-23
|
|---|---|---|---|---|---|
|
Perma-Pipe International Holdings (PPIH)
|
231
|
--
|
--
|
--
|
--
|
|
Peer Median
|
156
|
--
|
--
|
--
|
--
|