Perma-Pipe International Holdings (STU:MF3) E10: €0.25 (As of Apr. 2026)


STU:MF3 Perma-Pipe International Holdings Inc STU:MF3
77 GF Score
Price €22.80
GF Value €15.72
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Perma-Pipe International Holdings E10?

Perma-Pipe International Holdings STU:MF3 -3.39% 77 E10 is €0.25 as of Apr. 2026. GuruFocus rates STU:MF3 with a GF Score™ of 77/100 and a GF Value™ of €15.72 (Significantly Overvalued). The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Perma-Pipe International Holdings's adjusted earnings per share data for the three months ended in Apr. 2026 was €0.188. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.25 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Perma-Pipe International Holdings's average E10 Growth Rate was 2900.00% per year. During the past 3 years, the average E10 Growth Rate was 146.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Perma-Pipe International Holdings was 146.60% per year. The lowest was -102.10% per year. And the median was -4.20% per year.

As of today (2026-07-02), Perma-Pipe International Holdings's current stock price is €22.80. Perma-Pipe International Holdings's E10 for the quarter that ended in Apr. 2026 was €0.25. Perma-Pipe International Holdings's Shiller PE Ratio of today is 91.20.

During the past 13 years, the highest Shiller PE Ratio of Perma-Pipe International Holdings was 2402.00. The lowest was 57.69. And the median was 446.17.


Perma-Pipe International Holdings  (STU:MF3) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Perma-Pipe International Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.80/0.25
=91.20

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Perma-Pipe International Holdings was 2402.00. The lowest was 57.69. And the median was 446.17.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Perma-Pipe International Holdings E10 Related Terms


Perma-Pipe International Holdings E10 Historical Data

* Premium members only.

The historical data trend for Perma-Pipe International Holdings's E10 can be seen below:

* 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 E10 Chart

Perma-Pipe International Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.33 0.01 -0.23 -0.13 0.13

Perma-Pipe International Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.05 0.03 0.13 0.25

STU:MF3 vs JLHL, JELD, AIRJ: E10 Comparison

For the Building Products & Equipment subindustry, Perma-Pipe International Holdings's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Perma-Pipe International Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Perma-Pipe International Holdings's Shiller PE Ratio falls into.


STU:MF3
77GF Score
Perma-Pipe International Holdings Inc STU:MF3
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Perma-Pipe International Holdings E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Perma-Pipe International Holdings's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.188/333.0200*333.0200
=0.188

Current CPI (Apr. 2026) = 333.0200.

Perma-Pipe International Holdings Quarterly Data

per share eps CPI Adj_EPS
201607 0.009 240.628 0.012
201610 -0.472 241.729 -0.650
201701 -0.282 242.839 -0.387
201704 -0.429 244.524 -0.584
201707 -0.191 244.786 -0.260
201710 -0.366 246.663 -0.494
201801 -0.156 247.867 -0.210
201804 -0.114 250.546 -0.152
201807 -0.034 252.006 -0.045
201810 -0.017 252.885 -0.022
201901 0.105 251.712 0.139
201904 -0.169 255.548 -0.220
201907 0.401 256.571 0.520
201910 -0.018 257.346 -0.023
202001 0.162 257.971 0.209
202004 -0.285 256.389 -0.370
202007 0.026 259.101 0.033
202010 -0.298 260.388 -0.381
202101 -0.255 261.582 -0.325
202104 -0.084 267.054 -0.105
202107 0.347 273.003 0.423
202110 0.052 276.589 0.063
202201 0.318 281.148 0.377
202204 -0.102 289.109 -0.117
202207 0.226 296.276 0.254
202210 0.213 298.012 0.238
202301 0.362 299.170 0.403
202304 -0.128 303.363 -0.141
202307 0.118 305.691 0.129
202310 0.227 307.671 0.246
202401 0.982 308.417 1.060
202404 0.168 313.548 0.178
202407 0.369 314.540 0.391
202410 0.285 315.664 0.301
202501 0.213 317.671 0.223
202504 0.543 320.795 0.564
202507 0.086 323.048 0.089
202510 0.661 0.000
202601 0.511 325.252 0.523
202604 0.188 333.020 0.188

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €0.25 mean?
Perma-Pipe International Holdings (STU:MF3) has a E10 of €0.25 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Perma-Pipe International Holdings and its competitors.
Is Perma-Pipe International Holdings' E10 too high?
Perma-Pipe International Holdings' current E10 is €0.25. Overall, Perma-Pipe International Holdings has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perma-Pipe International Holdings' E10 compare to JLHL and JELD?
Perma-Pipe International Holdings' E10 of €0.25 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Construction company?
A good E10 depends on the Construction industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Perma-Pipe International Holdings and its competitors. Perma-Pipe International Holdings's current E10 is €0.25. 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 €15.72, compared to a current price of €22.80 — trading 45% above its estimated fair value. The current E10 is €0.25. Perma-Pipe International Holdings' overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Perma-Pipe International Holdings (STU:MF3), the current E10 is €0.25 as of Apr. 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 €22.80 is trading 45% above its estimated GF Value™ of €15.72. GuruFocus considers Perma-Pipe International Holdings to be Significantly Overvalued.

Key valuation signals for STU:MF3:

  • E10: €0.25
  • GF Value™: €15.72 vs. price of €22.80 (45% above fair value)
  • GF Score™: 77/100 with 1 warning sign

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

Other Exchanges PPIH:USAMF3:Germany
Address 2445 Technology Forest Boulevard, Suite 1010, The Woodlands, TX, USA, 77381
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.
77GF Score

Get the complete analysis for STU:MF3

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€22.80
Price
€15.72
GF Value