PPIH Stock — Perma-Pipe International Holdings Inc

Perma-Pipe International Holdings Inc (PPIH)

Updated October 16, 2026.

PPIH is a Stock. Total return is 257.2% over the past 36.8 years.

Perma-Pipe International Holdings designs, manufactures, and sells specialty piping systems, including insulated district heating and cooling piping, primary and secondary containment systems for chemicals and petroleum products, and pipeline coatings and leak detection products, serving markets across North America and internationally. The company does not currently have an established distribution schedule. This business appeals to investors seeking exposure to industrial infrastructure and energy transition sectors rather than income generation.

PPIH performance

Price and return data through 2026-10-16.

Total return is 257.2% over the past 36.8 years. Over the past year its total return — price change plus distributions reinvested — is 11.0%. Its deepest 1-year drawdown was 34.2%.

PPIH key facts

Asset type

Stock

Asset class

Equity

Inception date

12/15/1989

Distribution frequency

None

Last close

$27.91 (as of 2026-10-16)

Market cap

$228,727,446

Average volume

85425.0

Beta

0.637

Payout ratio

0.0%

P/E ratio

14.69

Forward P/E

27.6243

EPS

$1.90

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PPIH risks and drawbacks

The deepest 1-year drawdown on record here is 34.2%.

Who may consider PPIH — and who may not

It is a weaker fit for investors who need monthly cash flow (PPIH does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on PPIH

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Tagged: Industrials.

Frequently asked questions