Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 21.14 as of 2026-10-06T16:44:22.420Z.
Consensus retrieved: 2026-10-06T15:22:59.451Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T16:44:22.420Z.
Quote observation: 2026-10-06T16:40:15.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: abb2de503ff07a18223a06232c8a96cd07c30e1a01b85dfffa10e7b3e1440f8a
Forward PE Ratio (21.14) = Dated Quote Price ($32.13) / Consensus Forward EPS ($1.52)
FORWARD PE RATIO
21.14
SECTOR MEDIAN · INDUSTRIALS
22.62
median of 227 covered companies
CURRENT VS SECTOR MEDIAN
-6.54%
vs the sector median at left
Perma-Pipe International Holdings, Inc.
Market Cap
$261.12M
Forward PE Ratio
21.14
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Perma-Pipe International Holdings, Inc. (PPIH) | $261.12M | 21.14 |
| Omega Flex, Inc. (OFLX)vs › | $263.71M | N/A |
| Outdoor Holding Company (POWW)vs › | $257.30M | 44.30 |
| HireQuest, Inc. (HQI)vs › | $267.93M | 24.80 |
| AIAI Holdings Corporation Class A Common Stock (AIAI)vs › | $250.32M | N/A |
| Public Policy Holding Company, Inc. (PPHC)vs › | $273.97M | 8.54 |
| Outdoor Holding Company - 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (POWWP)vs › | $248.17M | 485.00 |
| Information Services Group, Inc. (III)vs › | $274.63M | 23.92 |
| AirJoule Technologies Corporation (AIRJ)vs › | $276.57M | N/A |
| Pamt Corp. (PAMT)vs › | $244.30M | N/A |
Trailing P/E
16.9
reported TTM EPS
Forward P/E
21.1
consensus EPS · fiscal year ending 2027-01-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.52 implies -20.0% EPS decline vs the reported trailing $1.90.
At the dated quote price of $32.13, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2027-01-31 | $1.52 | $1.52 – $1.52 | 1 | 21.1x |
| 2028-01-31 | $2.49 | $2.49 – $2.49 | 1 | 12.9x |
| 2029-01-31 | $2.50 | $2.50 – $2.50 | 1 | 12.9x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
