BNB Standard Corp. (BNC) vs Perma-Pipe International Holdings, Inc. (PPIH)

A side-by-side comparison of BNB Standard Corp. and Perma-Pipe International Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

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Total return — BNC vs PPIH

growth of $100 · dividends reinvested · last 10y
BNC -97.7% (-31.5%/yr)PPIH +320.2% (+15.4%/yr)PPIH compounded faster over this window
Log scale — wide-divergence pair
01101001kStart $10020182020202220242026$2$420
BNC PPIH

BNC vs PPIH: by the numbers

  • •PPIH is the larger company ($262M vs $243M market cap).
  • •BNC trades at the lower trailing earnings multiple (1.04 vs 16.95 P/E), one valuation lens rather than an overall verdict.
  • •BNC converts more revenue to profit (178.44% vs 6.89% net margin).
  • •BNC grew revenue faster over the past five years (66.19% vs 16.40% CAGR).

Metrics side by side

Valuation

MetricBNCPPIH
P/E ratio1.0416.95
Forward P/E1.2521.18
P/S ratio1.541.16
P/B ratio0.842.80
EV / EBITDA0.008.42
FCF yield110.94%5.22%

Profitability

MetricBNCPPIH
Gross margin87.50%31.13%
Operating margin67864.87%12.06%
Net margin178.44%6.89%
ROE97.06%16.67%
ROICN/A12.49%

Growth (annualized)

MetricBNCPPIH
Revenue CAGR (5Y)66.19%16.40%
FCF CAGR (5Y)207.42%N/A
Total return CAGR (5Y)-43.59%29.99%

Frequently asked

Which has the lower trailing P/E, BNC or PPIH?
BNC has the lower trailing P/E: BNC trades at 1.04 and PPIH at 16.95. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BNC or PPIH?
Over the past five years, BNC grew revenue faster — BNC at a 66.19% CAGR versus PPIH at 16.40%.
Is BNC or PPIH more profitable?
BNC runs the higher net margin — BNC at 178.44% versus PPIH at 6.89%.
How have BNC and PPIH total returns compared?
Over the past 10 years, BNC delivered -31.06% and PPIH delivered 15.38% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.