Perma-Pipe International Holdings (PPIH) Current Ratio: History & Chart

Perma-Pipe International Holdings, Inc.(PPIH)

Industrial - Machinery · The Woodlands, TX

$32.10+0.08 (+0.25%)

Delayed quote: Oct 6, 2026, 2:14 PM EDT

About Perma-Pipe International Holdings, Inc.

Perma-Pipe International Holdings, Inc., along with its subsidiaries, specializes in the engineering, design, manufacturing, and sale of specialized piping and leak detection solutions. Its product portfolio includes jacketed district heating and cooling pipeline systems, facilitating energy distribution from centralized power plants to diverse destinations. The company also provides primary and secondary containment piping systems, crucial for the secure transport of chemicals, hazardous liquids, and petroleum products. Additionally, Perma-Pipe undertakes the coating and insulation of oil and gas gathering and transmission pipelines. They offer liquid and powder-based anti-corrosion coatings for both the exterior and interior surfaces of steel pipes, including complex components like bends, reducers, tees, and various spools/fittings, which are utilized in pipelines for conveying oil and gas products as well as potable water. Maintaining a global presence, the company operates across the United States, Canada, the Middle East, Europe, India, and other international markets. Incorporated in 1993, the entity was formerly known as MFRI, Inc. before adopting the name Perma-Pipe International Holdings, Inc. in March 2017. Its corporate headquarters are situated in Niles, Illinois.

The Woodlands, TX

909 employees

www.permapipe.com

Industrials / Industrial - Machinery

Sector: Industrials
Industry: Industrial - Machinery
CEO: Saleh Sagr

View full financials

PPIH Current Ratio Metrics

CURRENT RATIO

2.19

CURRENT RATIO AVG TTM

1.99

CURRENT RATIO AVG 3Y

1.87

CURRENT RATIO AVG 5Y

1.90

CURRENT RATIO AVG 10Y

1.87

CURRENT RATIO AVG 15Y

1.87

CURRENT RATIO AVG 20Y

1.94

CURRENT VS TTM AVG

+9.80%

CURRENT VS 3Y AVG

+17.11%

CURRENT VS 5Y AVG

+15.51%

CURRENT VS 10Y AVG

+16.83%

CURRENT VS 15Y AVG

+17.05%

CURRENT VS 20Y AVG

+13.01%

SECTOR MEDIAN · INDUSTRIALS

1.79

median of 480 covered companies

CURRENT VS SECTOR MEDIAN

+21.98%

vs the sector median at left

NAME	MARKET CAP	CURRENT RATIO	TTM	3Y	5Y
Perma-Pipe International Holdings, Inc. (PPIH)	$260.84M	2.19	1.99	1.87	1.90
HireQuest, Inc. (HQI)vs ›	$263.89M	2.74	2.59	2.01	2.35
Omega Flex, Inc. (OFLX)vs ›	$264.27M	5.63	5.00	4.45	3.93
Outdoor Holding Company (POWW)vs ›	$254.98M	4.74	2.56	3.60	5.01
AIAI Holdings Corporation Class A Common Stock (AIAI)vs ›	$255.24M	N/A	N/A	N/A	N/A
Outdoor Holding Company - 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (POWWP)vs ›	$248.44M	4.74	2.56	3.60	5.01
Public Policy Holding Company, Inc. (PPHC)vs ›	$273.97M	1.60	1.16	1.20	1.16
Information Services Group, Inc. (III)vs ›	$274.12M	2.81	2.36	2.35	2.29
Lightbridge Corporation (LTBR)vs ›	$243.22M	116.56	167.00	119.01	104.29
AirJoule Technologies Corporation (AIRJ)vs ›	$277.66M	19.70	9.18	4.82	4.23

NAME

MARKET CAP

CURRENT RATIO

TTM

Perma-Pipe International Holdings, Inc. (PPIH)

$260.84M

2.19

1.99

1.87

1.90

HireQuest, Inc. (HQI)vs ›

$263.89M

2.74

2.59

2.01

2.35

Omega Flex, Inc. (OFLX)vs ›

$264.27M

5.63

5.00

4.45

3.93

Outdoor Holding Company (POWW)vs ›

$254.98M

4.74

2.56

3.60

5.01

AIAI Holdings Corporation Class A Common Stock (AIAI)vs ›

$255.24M

N/A

Outdoor Holding Company - 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (POWWP)vs ›

$248.44M

4.74

2.56

3.60

5.01

Public Policy Holding Company, Inc. (PPHC)vs ›

$273.97M

1.60

1.16

1.20

1.16

Information Services Group, Inc. (III)vs ›

$274.12M

2.81

2.36

2.35

2.29

Lightbridge Corporation (LTBR)vs ›

$243.22M

116.56

167.00

119.01

104.29

AirJoule Technologies Corporation (AIRJ)vs ›

$277.66M

19.70

9.18

4.82

4.23

Current Ratio FAQ

What is the current ratio for Perma-Pipe International Holdings, Inc. (PPIH)?

The current ratio for PPIH stock is 2.19.

Is Perma-Pipe International Holdings, Inc.'s current ratio high or low?

The current ratio of 2.19 is 16% above its 5-year average of 1.90, near the high end of its 5-year range (1.62–2.31).

What is the TTM average current ratio for Perma-Pipe International Holdings, Inc. (PPIH)?

The TTM average current ratio for PPIH stock is 1.99.

What is the 3Y average current ratio for Perma-Pipe International Holdings, Inc. (PPIH)?

The 3Y average current ratio for PPIH stock is 1.87.

What is the 5Y average current ratio for Perma-Pipe International Holdings, Inc. (PPIH)?

The 5Y average current ratio for PPIH stock is 1.90.

What is the 10Y average current ratio for Perma-Pipe International Holdings, Inc. (PPIH)?

The 10Y average current ratio for PPIH stock is 1.87.

What is the 15Y average current ratio for Perma-Pipe International Holdings, Inc. (PPIH)?

The 15Y average current ratio for PPIH stock is 1.87.

What is the 20Y average current ratio for Perma-Pipe International Holdings, Inc. (PPIH)?

The 20Y average current ratio for PPIH stock is 1.94.

DATE	CURRENT RATIO
2026-07-31	2.19
2026-04-30	2.31
2026-01-31	1.84
2025-10-31	1.76
2025-07-31	1.88
2025-04-30	1.95
2025-01-31	2.01
2024-10-31	1.94
2024-07-31	1.78
2024-04-30	1.67
2024-01-31	1.71
2023-10-31	1.65
2023-07-31	1.62
2023-04-30	1.82
2023-01-31	1.96
2022-10-31	1.88
2022-07-31	1.82
2022-04-30	1.90
2022-01-31	2.04
2021-10-31	2.02
2021-07-31	2.05
2021-04-30	2.12
2021-01-31	1.91
2020-10-31	2.25
2020-07-31	2.30
2020-04-30	1.95
2020-01-31	1.96
2019-10-31	1.75
2019-07-22	1.80
2019-04-30	1.67
2019-01-31	1.70
2018-10-31	1.58
2018-07-31	1.74
2018-04-30	1.60
2018-01-31	1.59
2017-10-31	1.62
2017-07-31	1.74
2017-04-30	1.81
2017-01-31	2.07
2016-10-31	1.90
2016-07-31	2.00
2016-04-30	1.40
2016-01-31	1.51
2015-10-31	1.33
2015-07-31	1.30
2015-04-30	1.44
2015-01-31	1.68
2014-10-31	2.36
2014-07-31	2.59
2014-04-30	2.11
2014-01-31	1.89
2013-10-31	1.93
2013-07-31	1.83
2013-04-30	1.65
2013-01-31	1.71
2012-10-31	2.03
2012-07-31	2.12
2012-04-30	2.16
2012-01-31	2.09
2011-10-31	2.46
2011-07-31	2.39
2011-04-30	2.53
2011-01-31	2.46
2010-10-31	2.49
2010-07-31	2.49
2010-04-16	2.25
2010-01-31	2.39
2009-10-31	2.31
2009-07-31	2.42
2009-04-30	2.00
2009-01-31	1.83
2008-10-31	2.11
2008-07-31	2.03
2008-04-30	1.51
2008-01-31	1.70
2007-10-31	1.97
2007-07-31	2.02
2007-04-30	2.05
2007-01-31	1.62
2006-10-31	1.96
2006-07-31	1.97
2006-04-30	1.97
2006-01-31	2.18
2005-10-31	2.17
2005-07-31	2.31
2005-04-30	2.30
2005-01-31	2.04
2004-10-31	1.33
2004-07-31	1.82
2004-04-30	1.26
2004-01-31	1.26
2003-10-31	1.26
2003-07-31	1.27
2003-04-30	1.22
2003-01-31	2.14
2002-10-31	2.21

DATE

CURRENT RATIO

2026-07-31

2.19

2026-04-30

2.31

2026-01-31

1.84

2025-10-31

1.76

2025-07-31

1.88

2025-04-30

1.95

2025-01-31

2.01

2024-10-31

1.94

2024-07-31

1.78

2024-04-30

1.67

2024-01-31

1.71

2023-10-31

1.65

2023-07-31

1.62

2023-04-30

1.82

2023-01-31

1.96

2022-10-31

1.88

2022-07-31

1.82

2022-04-30

1.90

2022-01-31

2.04

2021-10-31

2.02

2021-07-31

2.05

2021-04-30

2.12

2021-01-31

1.91

2020-10-31

2.25

2020-07-31

2.30

2020-04-30

1.95

2020-01-31

1.96

2019-10-31

1.75

2019-07-22

1.80

2019-04-30

1.67

2019-01-31

1.70

2018-10-31

1.58

2018-07-31

1.74

2018-04-30

1.60

2018-01-31

1.59

2017-10-31

1.62

2017-07-31

1.74

2017-04-30

1.81

2017-01-31

2.07

2016-10-31

1.90

2016-07-31

2.00

2016-04-30

1.40

2016-01-31

1.51

2015-10-31

1.33

2015-07-31

1.30

2015-04-30

1.44

2015-01-31

1.68

2014-10-31

2.36

2014-07-31

2.59

2014-04-30

2.11

2014-01-31

1.89

2013-10-31

1.93

2013-07-31

1.83

2013-04-30

1.65

2013-01-31

1.71

2012-10-31

2.03

2012-07-31

2.12

2012-04-30

2.16

2012-01-31

2.09

2011-10-31

2.46

2011-07-31

2.39

2011-04-30

2.53

2011-01-31

2.46

2010-10-31

2.49

2010-07-31

2.49

2010-04-16

2.25

2010-01-31

2.39

2009-10-31

2.31

2009-07-31

2.42

2009-04-30

2.00

2009-01-31

1.83

2008-10-31

2.11

2008-07-31

2.03

2008-04-30

1.51

2008-01-31

1.70

2007-10-31

1.97

2007-07-31

2.02

2007-04-30

2.05

2007-01-31

1.62

2006-10-31

1.96

2006-07-31

1.97

2006-04-30

1.97

2006-01-31

2.18

2005-10-31

2.17

2005-07-31

2.31

2005-04-30

2.30

2005-01-31

2.04

2004-10-31

1.33

2004-07-31

1.82

2004-04-30

1.26

2004-01-31

1.26

2003-10-31

1.26

2003-07-31

1.27

2003-04-30

1.22

2003-01-31

2.14

2002-10-31

2.21

Current Ratio: 2.19

PPIH Current Ratio

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