Superworth

Perma-Pipe International price to book ratio PPIH

Market value divided by the book value of the company's net assets, since 2011.

Today, Oct 23, 2026
2.5×
10-year median
1.3×
Against its 10-year history
91st
percentile: 0 is its lowest day, 100 its highest
10-year range
0.8× to 3.2×
Peer median
3.2×

Perma-Pipe International's price to book ratio is 2.5× as of Oct 23, 2026.

That is above its ten-year median of 1.3×, higher than on 91% of days in the last ten years.

Over that time it ranged from 0.8× in May 2020 to 3.2× in Feb 2026.

The median for 10 industrial machinery stocks of a similar size is 3.2×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far2.5×2.1×3.2×
20253.1×1.2×3.2×
20241.8×1.0×1.9×
20231.1×0.9×1.6×
20221.4×1.2×2.2×
20211.3×1.0×1.4×
20201.0×0.8×1.4×
20191.3×1.2×1.4×
20181.4×1.3×1.5×
20171.3×0.9×1.3×
20161.0×0.6×1.0×
20150.7×0.5×0.7×
20140.6×0.5×1.5×
20131.3×0.6×1.3×
20120.6×0.5×0.7×
20110.6×0.6×0.7×

Against its peers

Companies in Industrial - Machinery nearest Perma-Pipe International's size, closest first, today.

CompanyPrice to book ratio
PPIHPerma-Pipe International2.5×
TWINTwin Disc1.6×
LYTSLSI Industries2.1×
GHMGraham4.0×
PSIXPower Solutions International5.2×
TNCTennant2.1×
ENREnergizer7.6×
EPACEnerpac Tool4.3×
SPBSpectrum Brands1.0×
GRCGorman Rupp4.4×
HLIOHelios Technologies2.3×
Peer median3.2×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Perma-Pipe International

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.