Perma-Pipe International (PPIH)

P/B ratio as of September 2024 : 1.21

According to Perma-Pipe International's latest financial reports the company has a price-to-book ratio of 1.21.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Perma-Pipe International - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.03	-25.19%
2022-12-31	1.38	3.28%
2021-12-31	1.34	37.08%
2020-12-31	0.9751	-28.32%
2019-12-31	1.36	0.19%
2018-12-31	1.36	2.54%
2017-12-31	1.32	30.53%
2016-12-31	1.01	54.62%
2015-12-31	0.6562	4.13%
2014-12-31	0.6301	-51.95%
2013-12-31	1.31	131.59%
2012-12-31	0.5663	-9.86%
2011-12-31	0.6283	-29.03%
2010-12-31	0.8852	47.78%
2009-12-31	0.5990	32.34%
2008-12-31	0.4526	-59.95%
2007-12-31	1.13	-59.89%
2006-12-31	2.82	226.91%
2005-12-31	0.8619	-53.8%
2004-12-31	1.87	284.82%
2003-12-31	0.4848	132.68%
2002-12-31	0.2084

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Perma-Pipe International (PPIH) - P/B ratio