Perma-Pipe International Holdings Inc (PPIH)
NASDAQIndustrialsIndustrial - MachinerySnapshot 2026-09-04
NASDAQIndustrialsIndustrial - MachinerySnapshot 2026-09-04
QuarterlyIQ Insights · PPIH
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $28 PPIH trades at 17× p/e, below its 19× p/e peer median, but our blended $25 fair value sits below the price. It's a high-confidence read. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| dcf fcfe | 12M | $22.76 | — | — | Hist. CAGR | high |
| dcf fcff | 12M | $8.58 | — | — | Hist. CAGR | high |
| graham number | 12M | $20.67 | — | — | TTM | high |
| Peer EV/EBITDA | 12M | $39.02 | 11.6 | 3.40 | TTM | high |
| Peer P/FCF | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Only weak execution quality — not the full expensive x weak x turbulent stack. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
At today's price you pay about 208% over what the business is worth with no growth; closing that gap needs roughly 34.0 years of the forecast growth to come through. These describe the expectations embedded in the price, not a forecast of the move. Reverse-DCF base: $0.60/sh free cash flow.
Looks cheaper than most peers in the same business.
Around its own typical valuation.
Trailing four: 2026-Q1, 2026-Q2, 2026-Q3, 2027-Q1
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $8.58 |
| 18.7 |
| 0.46 |
| TTM |
| high |
| Peer P/E | 12M | $32.36 | 19.1 | 1.70 | TTM | high |
| Peer P/S | 12M | $47.54 | 1.8 | 26.02 | TTM | high |
| residual income | 12M | $13.47 | — | — | TTM | high |
| Own P/E history | 12M | $25.97 | 15.3 | 1.70 | TTM | high |
| triangulated | 12M | $29.95 | 19.1 | 1.57 | Triangulated | high |
| Peer P/S | 3Y | $66.50 | 1.8 | 36.40 | Hist. CAGR(prov.) | medium |
| Peer P/S | 5Y | $86.06 | 1.8 | 47.10 | Hist. CAGR(prov.) | medium |