Perma-Pipe International Holdings (STU:MF3) GF Value Rank : 10 (As of May. 23, 2024)

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What is Perma-Pipe International Holdings GF Value Rank?

Perma-Pipe International Holdings has the GF Value Rank of 10.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Perma-Pipe International Holdings's GF Value Rank

For the Building Products & Equipment subindustry, Perma-Pipe International Holdings's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Perma-Pipe International Holdings's GF Value Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Perma-Pipe International Holdings's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Perma-Pipe International Holdings's GF Value Rank falls into.

Perma-Pipe International Holdings GF Value Rank Related Terms

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Perma-Pipe International Holdings (STU:MF3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Perma-Pipe International Holdings Inc (STU:MF3) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

PPIH:USA

Address

24900 Pitkin Road, Suite 309, Spring, TX, USA, 77386

Website

https://www.permapipe.com

Perma-Pipe International Holdings Inc is engaged in the manufacture and sale of products in the reportable segment of Piping Systems. The company engineers, designs, manufactures and sells specialty piping systems and leak detection systems. Specialty piping systems include insulated and jacketed district heating and cooling piping systems for efficient energy distribution from central energy plants to multiple locations, primary and secondary containment piping systems for transporting chemicals, hazardous fluids and petroleum products, and the coating and insulation of oil and gas gathering and transmission pipelines. It operates in the United States, Canada, Middle East, Europe, India and other countries.

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