Perma-Pipe International Holdings (STU:MF3) PB Ratio: 2.22 (As of Jul. 14, 2026) — 68% Above Median

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STU:MF3 Perma-Pipe International Holdings Inc STU:MF3
79 GF Score
Price €21.60
GF Value €15.19
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Perma-Pipe International Holdings PB Ratio?

Perma-Pipe International Holdings STU:MF3 -0.92% 79 PB Ratio is 2.22 as of Jul. 14, 2026, which is 68% above its 10-year median of 1.32. GuruFocus rates STU:MF3 with a GF Score™ of 79/100 and a GF Value™ of €15.19 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,719 Construction companies, Perma-Pipe International Holdings ranks worse than 67.66% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-14), Perma-Pipe International Holdings's share price is €21.60. Perma-Pipe International Holdings's Book Value per Share for the quarter that ended in Apr. 2026 was €9.71. Hence, Perma-Pipe International Holdings's PB Ratio of today is 2.22.

Good Sign:

Perma-Pipe International Holdings Inc stock PB Ratio (=2.18) is close to 1-year low of 2.12.

The historical rank and industry rank for Perma-Pipe International Holdings's PB Ratio or its related term are showing as below:

STU:MF3' s PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.32   Max: 3.11
Current: 2.18

During the past 13 years, Perma-Pipe International Holdings's highest PB Ratio was 3.11. The lowest was 0.82. And the median was 1.32.

STU:MF3's PB Ratio is ranked worse than
67.66% of 1719 companies
in the Construction industry
Industry Median: 1.32 vs STU:MF3: 2.18

During the past 12 months, Perma-Pipe International Holdings's average Book Value Per Share Growth Rate was 16.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Perma-Pipe International Holdings was 21.40% per year. The lowest was -12.40% per year. And the median was 3.60% per year.

Back to Basics: PB Ratio


Perma-Pipe International Holdings  (STU:MF3) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Perma-Pipe International Holdings PB Ratio Related Terms


Perma-Pipe International Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Perma-Pipe International Holdings's PB Ratio 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 PB Ratio Chart

Perma-Pipe International Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.40 0.96 1.64 2.57

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
PB Ratio 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 1.20 2.31 2.59 2.57 2.84

STU:MF3 vs JLHL, JELD, AIRJ: PB Ratio Comparison

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

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

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


STU:MF3
79GF Score
Perma-Pipe International Holdings Inc STU:MF3
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Perma-Pipe International Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Perma-Pipe International Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2026)
=21.60/9.709
=2.22

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.22 mean?
Perma-Pipe International Holdings (STU:MF3) has a PB Ratio of 2.22 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Perma-Pipe International Holdings and its competitors. This is 68% above median its historical median of 1.32. Over the past decade, Perma-Pipe International Holdings' PB Ratio has ranged from 0.82 to 3.11. According to the industry distribution chart, Perma-Pipe International Holdings ranks #1163 out of 1719 companies in the Construction industry, placing it in the top 67.7%.
Is Perma-Pipe International Holdings' PB Ratio too high?
Perma-Pipe International Holdings' current PB Ratio of 2.22 is 68% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 3.11. The Construction industry median PB Ratio is 1.32. Perma-Pipe International Holdings' value of 2.22 is 68.2% above this industry median. Based on the distribution chart, Perma-Pipe International Holdings ranks #1163 out of 1719 companies in the Construction industry, which is below the industry midpoint. Overall, Perma-Pipe International Holdings has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perma-Pipe International Holdings' PB Ratio compare to JLHL and JELD?
According to the Construction industry distribution chart, Perma-Pipe International Holdings ranks #1163 out of 1719 companies for PB Ratio. This places Perma-Pipe International Holdings in the lower half of its industry. The industry median PB Ratio is 1.32. Perma-Pipe International Holdings' value of 2.22 is 68.2% above this benchmark. Historically, Perma-Pipe International Holdings' own PB Ratio has ranged from 0.82 to 3.11 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.32, 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 PB Ratio for a Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,719 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perma-Pipe International Holdings's current PB Ratio of 2.22 is 68.2% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Perma-Pipe International Holdings and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perma-Pipe International Holdings's current PB Ratio is 2.22, which is 68% above median its own 10-year median of 1.32. 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 €15.19, compared to a current price of €21.60 — trading 42.2% above its estimated fair value. The current PB Ratio is 2.22, which is 68% above median its 10-year median of 1.32 and 68.2% above the Construction industry median of 1.32. Perma-Pipe International Holdings' overall GF Score™ is 79/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Perma-Pipe International Holdings (STU:MF3), the current PB Ratio is 2.22 as of Jul. 14, 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 €21.60 is trading 42.2% above its estimated GF Value™ of €15.19. GuruFocus considers Perma-Pipe International Holdings to be Significantly Overvalued.

Key valuation signals for STU:MF3:

  • PB Ratio: 2.22 (68% above median its 10-year median of 1.32)
  • GF Value™: €15.19 vs. price of €21.60 (42.2% above fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 68.2% above the Construction median (#1163 of 1719)

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.
79GF Score

Get the complete analysis for STU:MF3

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

€21.60
Price
€15.19
GF Value