Perma-Pipe International Holdings, Inc. (PPIH) Fair Value 2026

PPIH · Building Products & Equipment ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

7.5 /10

32 fundamental signals · 10 models active

Value Trap Risk

LOW (33/100)

Quick Summary — As of 2026-08-27, Perma-Pipe International Holdings, Inc. (PPIH) trades at $27.22, versus a $22.52 median fair value across its 10 active models — 17.3% below the current price. QOC: 7.5/10. Value Trap Risk: 33/100 (LOW). 10/13 models active. Within that set, the Bayesian DCF component alone returns $4.28.

Key Facts

Ticker
PPIH
Price
$27.22
Quality Score
7.5/10
Value Trap Risk
33/100
Models Active
10/13
Last Updated
Strength: First Chicago suggests +230.1% upside with 59% confidence
Risk: Majority of models suggest overvaluation

Is Perma-Pipe International Holdings, Inc. (PPIH) Undervalued or Overvalued in 2026?

According to CirclFi’s 10-model valuation engine, Perma-Pipe International Holdings, Inc. (PPIH) appears overvalued as of : the median of 10 independent fair value estimates is $22.52, 17.3% below the current price of $27.22. Estimates range from $4.28 to $92.38. PPIH scores 7.5/10 on fundamental quality and 33/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. PPIH’s -17.3% gap is narrower than that market norm, and the Building Products & Equipment sector median is -32.1%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Perma-Pipe International Holdings, Inc. Stock in 2026? →

What Fair Value Does Each Model Give PPIH?

10 Intrinsic Value Models vs. Current Price ($27.22)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $4.28 -84.3%
Ensemble · Low Conviction
 $26.43 -2.9%
Scenario · High Conviction
 $89.85 +230.1%
Intrinsic · High Conviction
 $18.62 -31.6%
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What Is PPIH's Fair Value Range?

Spread across 10 independent models · $4.28 to $92.38

CirclFi's 10 active models place Perma-Pipe International Holdings, Inc. (PPIH) between $4.28 and $92.38 per share, a spread of 391% of the median. The median of that range — $22.52 — is the fair value CirclFi publishes for PPIH, against a current price of $27.22.

Low · Bayesian DCFHigh · Regime Cross
$4.28median $22.52$92.38
Where the range comes from
Most bearish modelBayesian DCF$4.28
Most bullish modelRegime Cross-Sectional$92.38
Model agreement4 bullish · 5 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for PPIH. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on PPIH, not a CirclFi price target. How each model works →

What Is Perma-Pipe International Holdings, Inc. (PPIH) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Perma-Pipe International Holdings, Inc. presents a highly debated valuation profile at its current price of $27.22. The median intrinsic value is estimated at $22.52 (-17.3% median upside), masking a wide model spread between the 4 bullish models and 5 bearish models. Model dispersion is worth noting: Regime Cross targets $92.38 (+239.4%), versus Bayesian DCF at $4.28 (-84.3%). This +323.7% range highlights the importance of multi-model analysis rather than relying on any single methodology.

What Do the Models Say About PPIH?

10 of 13 models are currently active for PPIH. Of these, 4 models suggest upside while 6 models suggest overvaluation. Taken together, their median fair value for PPIH is $22.52 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $4.28 on its own, implying -84.3% downside from the current price. See which stocks rank higher →

How Does PPIH Rank in Building Products & Equipment?

Among 38 Building Products & Equipment stocks, PPIH ranks #20 by Quality of Company score. CirclFi's QOC score of 7.5/10 evaluates 32 fundamental signals. A score of 7.5 indicates above-average quality.

As a industrial enterprise, Perma-Pipe International Holdings, Inc. operates in a sector where working capital efficiency is a critical driver of valuation. Investors evaluating PPIH should weigh these sector-specific dynamics alongside our model-derived fair values.

Is PPIH a Value Trap?

CirclFi's Value Trap algorithm assigns PPIH a score of 33/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

10 of 13 models are active for Perma-Pipe International Holdings, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi 32-factor quality framework, Perma-Pipe International Holdings, Inc.'s fundamental quality profile registers 7.5/10. This respectable score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.

The gap between the most bullish and bearish model spans +323.7% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every PPIH valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across PPIH's 10 active models, average confidence is 47%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Perma-Pipe International Holdings, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Building Products & Equipment Stocks Should You Also Analyze?

10 related Building Products & Equipment stocks with 13-model coverage

CARRCarrier Global CorporationQOC 7.5LPXLouisiana-Pacific CorporationQOC 7.5JLHLJulong Holding LimitedQOC 7.6SWIMLatham Group, Inc.QOC 7.4ROCKGibraltar Industries, Inc.QOC 7.7APTAlpha Pro Tech, Ltd.QOC 7.4UUUUniversal Safety Products, IncQOC 5.8TTTrane Technologies plcQOC 9.4ARLOArlo Technologies, Inc.QOC 8.3LIILennox International Inc.QOC 9.4

Read investment analysis: CARR · LPX · JLHL · SWIM · ROCK · APT · UUU · TT · ARLO · LII

Which Other Stocks Have a Similar Quality Score to PPIH?

7 companies across all industries closest to PPIH’s Quality of Company score of 7.5/10.

USNAUSANA Health Sciences, Inc.QOC 7.5IHSIHS Holding LimitedQOC 7.5KYIVKyivstar Group Ltd.QOC 7.5AOMRAngel Oak Mortgage REIT, Inc.QOC 7.5CONConcentra Group Holdings Parent, Inc.QOC 7.5FNLCThe First Bancorp, Inc.QOC 7.5NVDANVIDIA CorporationQOC 10.0

Read investment analysis: USNA · IHS · KYIV · AOMR · CON · FNLC · NVDA

What Else Do Investors Ask About Perma-Pipe International Holdings, Inc.’s Valuation?

What is Perma-Pipe International Holdings, Inc.'s intrinsic value in 2026?

CirclFi puts Perma-Pipe International Holdings, Inc. (PPIH)'s intrinsic value at $22.52 — the median of 10 independent model estimates as of 2026-08-27, ranging from $4.28 to $92.38. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $4.28 on its own. The Quality of Company score is 7.5/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is PPIH overvalued or undervalued right now?

At $27.22, 4 of 10 active models suggest PPIH may be undervalued, while 6 indicate potential overvaluation. The median of all 10 fair value estimates is $22.52, 17.3% below the current price of $27.22 — a consensus view that PPIH is overvalued. The assessment depends on which methodology best fits Perma-Pipe International Holdings, Inc.'s business model in Building Products & Equipment.

What does a Quality of Company score of 7.5 mean for PPIH?

Perma-Pipe International Holdings, Inc.'s QOC of 7.5/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on PPIH?

CirclFi analyzes PPIH with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 10 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on PPIH?

Of the 10 models currently active on PPIH, Regime Cross-Sectional is the most bullish at $92.38 per share, and Bayesian DCF is the most bearish at $4.28. CirclFi's published fair value for PPIH is the median of that range, $22.52, not either extreme. The gap between the two ends equals 391% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is PPIH a value trap in 2026?

Perma-Pipe International Holdings, Inc.'s Value Trap score is 33/100 (LOW). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 10-model valuation engine, Perma-Pipe International Holdings, Inc. (PPIH) has a median fair value of $22.52 — 17.3% below the current price of $27.22 — as of 2026-08-27.” Source: circlfi.com/stock/PPIH/ · Methodology
Primary sources for this PPIH valuation

Market data for PPIH as of ; valuations recomputed .

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