Limbach (LMB) vs Perma-Pipe International (PPIH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Perma-Pipe International (PPIH) has outperformed Limbach (LMB) over the past year, gaining 32.7% versus a loss of 43.4%. Over five years, LMB leads with a +696.4% price change compared with +278.9% for PPIH. Limbach is the larger company by market cap ($607.6 million vs $255.4 million), about 2.4 times the size.
On valuation, Perma-Pipe International trades at a lower trailing P/E (16.4x vs 20.3x for Limbach).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | LMB | PPIH |
|---|---|---|
| Share price | $50.95 | $31.17 |
| Market cap | $607.58M | $255.44M |
| 1-day change | -0.04% | -1.70% |
| YTD return | -34.53% | +4.45% |
| 1-year return | -43.44% | +32.68% |
| 5-year return | +696.41% | +278.85% |
| P/E ratio (TTM) | 20.30 | 16.41 |
| Forward P/E | 10.85 | — |
| EPS (TTM) | $2.51 | $1.90 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $114.95 | $36.72 |
| 52-week low | $40.74 | $23.01 |
| Distance from 52-week high | -55.68% | -15.11% |
| Analyst consensus | none | none |
| Avg. price target upside | +51.52% | +21.91% |
| Average volume | 355.64K | 80.20K |
| Shares outstanding | 11.92M | 8.20M |
| Employees | 1,600 | 909 |
| Sector | Consumer Discretionary | Industrials |
| Industry | Engineering & Construction | Pollution Control Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Limbach is about 2.4 times larger than Perma-Pipe International by market value ($607.58M vs $255.44M).
- PPIH has outperformed LMB by 76.1 percentage points over the past year.
- The two companies sit in different sectors: Limbach in Consumer Discretionary and Perma-Pipe International in Industrials.
About Limbach
LMB stock →Limbach Holdings, Inc. operates as a building systems solution company in the United States.
Consumer Discretionary · Engineering & Construction · 1,600 employees
About Perma-Pipe International
PPIH stock →Perma-Pipe International Holdings, Inc., together with its subsidiaries, designs, engineers, manufactures, and sells specialty piping and leak detection systems in the United States, Canada, the United Arab Emirates, Saudi Arabia, and internationally. The company offers insulated and jacketed district heating and cooling piping systems for energy distribution from central energy plants to other locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products.
Industrials · Pollution Control Equipment · 909 employees
LMB vs PPIH FAQ
Which is bigger, Limbach or Perma-Pipe International?
Limbach (LMB) is larger, with a market capitalization of $607.58M compared with $255.44M for Perma-Pipe International (PPIH).
Which stock has performed better over the past year, LMB or PPIH?
PPIH returned +32.68% over the past 12 months, compared with -43.44% for LMB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, LMB or PPIH?
PPIH has the lower trailing P/E at 16.4, versus 20.3 for LMB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Limbach and Perma-Pipe International in the same industry?
No. Limbach is in the Consumer Discretionary sector, while Perma-Pipe International is in Industrials.