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.
BNC
BNB Standard Corp.
$5.90IndustrialsDelayed quote: Oct 6, 2026, 12:20 PM EDT
PPIH
Perma-Pipe International Holdings, Inc.
$32.20IndustrialsDelayed quote: Oct 6, 2026, 12:14 PM EDT
Total return — BNC vs PPIH
growth of $100 · dividends reinvested · last 10yBNC -97.7% (-31.5%/yr)PPIH +320.2% (+15.4%/yr)PPIH compounded faster over this window
Log scale — wide-divergence pair
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
| Metric | BNC | PPIH |
|---|---|---|
| P/E ratio | 1.04 | 16.95 |
| Forward P/E | 1.25 | 21.18 |
| P/S ratio | 1.54 | 1.16 |
| P/B ratio | 0.84 | 2.80 |
| EV / EBITDA | 0.00 | 8.42 |
| FCF yield | 110.94% | 5.22% |
Profitability
| Metric | BNC | PPIH |
|---|---|---|
| Gross margin | 87.50% | 31.13% |
| Operating margin | 67864.87% | 12.06% |
| Net margin | 178.44% | 6.89% |
| ROE | 97.06% | 16.67% |
| ROIC | N/A | 12.49% |
Growth (annualized)
| Metric | BNC | PPIH |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
BNB Standard P/E ratioPerma-Pipe International P/E ratioBNB Standard ROEPerma-Pipe International ROEBNB Standard operating marginPerma-Pipe International operating marginBNB Standard revenue growthPerma-Pipe International revenue growthBNB Standard free cash flowPerma-Pipe International free cash flow
BNB Standard & Perma-Pipe International appear in these rankings
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.