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Perma-Pipe International HoldingsSTU:MF3 -1.79%80 Cyclically Adjusted PS Ratio is 1.29 as of Jul. 23, 2026, which is 249% above its 10-year median of 0.37. GuruFocus rates STU:MF3 with a GF Score™ of 80/100 and a GF Value™ of €15.20 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,358 Construction companies, Perma-Pipe International Holdings ranks worse than 67.67% on this metric.
The historical rank and industry rank for Perma-Pipe International Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:
STU:MF3'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.37 Max: 1.73
Current: 1.26
During the past years, Perma-Pipe International Holdings's highest Cyclically Adjusted PS Ratio was 1.73. The lowest was 0.23. And the median was 0.37.
STU:MF3's Cyclically Adjusted PS Ratio is ranked worse than 67.67% of 1358
companies
in the Construction industry
Industry Median: 0.7
vs STU:MF3: 1.26
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
Perma-Pipe International Holdings's adjusted revenue per share data for the three months ended in Apr. 2026 was €5.214. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €17.00 for the trailing ten years ended in Apr. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Perma-Pipe International Holdings (STU:MF3) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.
Perma-Pipe International Holdings Cyclically Adjusted PS Ratio Related Terms
Perma-Pipe International Holdings Cyclically Adjusted PS Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Perma-Pipe International Holdings Cyclically Adjusted PS Ratio Chart
STU:MF3 vs JLHL, JELD, AIRJ: Cyclically Adjusted PS Ratio Comparison
For the Building Products & Equipment subindustry, Perma-Pipe International Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Perma-Pipe International Holdings Cyclically Adjusted PS Ratio vs Construction Industry
For the Construction industry and Industrials sector, Perma-Pipe International Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Perma-Pipe International Holdings's Cyclically Adjusted PS Ratio falls into.
Perma-Pipe International Holdings Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PS Ratio of 1.29 mean?
Perma-Pipe International Holdings (STU:MF3) has a Cyclically Adjusted PS Ratio of 1.29 as of Jul. 23, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Perma-Pipe International Holdings and its competitors. This is 249% above median its historical median of 0.37. Over the past decade, Perma-Pipe International Holdings' Cyclically Adjusted PS Ratio has ranged from 0.23 to 1.73. According to the industry distribution chart, Perma-Pipe International Holdings ranks #919 out of 1358 companies in the Construction industry, placing it in the top 67.7%.
Is Perma-Pipe International Holdings' Cyclically Adjusted PS Ratio too high?
Perma-Pipe International Holdings' current Cyclically Adjusted PS Ratio of 1.29 is 249% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 1.73. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Perma-Pipe International Holdings' value of 1.29 is 84.3% above this industry median. Based on the distribution chart, Perma-Pipe International Holdings ranks #919 out of 1358 companies in the Construction industry, which is below the industry midpoint. Overall, Perma-Pipe International Holdings has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perma-Pipe International Holdings' Cyclically Adjusted PS Ratio compare to JLHL and JELD?
According to the Construction industry distribution chart, Perma-Pipe International Holdings ranks #919 out of 1358 companies for Cyclically Adjusted PS Ratio. This places Perma-Pipe International Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Perma-Pipe International Holdings' value of 1.29 is 84.3% above this benchmark. Historically, Perma-Pipe International Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.23 to 1.73 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.70, Perma-Pipe International Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,358 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perma-Pipe International Holdings's current Cyclically Adjusted PS Ratio of 1.29 is 84.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Perma-Pipe International Holdings and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perma-Pipe International Holdings's current Cyclically Adjusted PS Ratio is 1.29, which is 249% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perma-Pipe International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Perma-Pipe International Holdings (STU:MF3) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.20, compared to a current price of €22.00 — trading 44.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.29, which is 249% above median its 10-year median of 0.37 and 84.3% above the Construction industry median of 0.70. Perma-Pipe International Holdings' overall GF Score™ is 80/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Perma-Pipe International Holdings (STU:MF3), the current Cyclically Adjusted PS Ratio is 1.29 as of Jul. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Perma-Pipe International Holdings (STU:MF3) Overvalued in 2026?
Based on GuruFocus' analysis, Perma-Pipe International Holdings stock appears to be overvalued.
The current stock price of €22.00 is trading 44.7% above its estimated GF Value™ of €15.20.
GuruFocus considers Perma-Pipe International Holdings to be Significantly Overvalued.
Key valuation signals for STU:MF3:
Cyclically Adjusted PS Ratio: 1.29 (249% above median its 10-year median of 0.37)
GF Value™: €15.20 vs. price of €22.00 (44.7% above fair value)
Industry Position: 84.3% above the Construction median (#919 of 1358)
No single metric tells the full story. See the STU:MF3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Perma-Pipe International Holdings Business Description
Perma-Pipe International Holdings Inc is engaged in the manufacture and sale of products in Piping Systems. The company engineers, designs, manufactures, and sells specialty piping systems and leak detection systems. Specialty piping systems of the company include insulated and jacketed district heating and cooling piping systems for efficient energy distribution from central energy plants to multiple locations, primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products, the coating and insulation of oil and gas gathering and transmission pipelines, and liquid and powder based anti-corrosion coatings applied both to the external and internal surfaces of steel pipe, including shapes such as bends, reducers, tees, and other fittings.
80GF Score
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