PPIH vs NHICU

Comparison between Perma-Pipe International Holdings Inc (PPIH, Company) and NewHold Investment Corp III - Units (1 Ord Cls A & 1/2 War) (NHICU, Company).

PPIH vs NHICU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PPIH(COMPANY)	NHICU(COMPANY)
Market Cap	$210M	$210M
Max Drawdown	58.53%	18.74%
Sharpe Ratio	0.30	0.42
5Y Beta	1.63	0.01
Industry	Building Products & Equipment	N/A
P/E Ratio	15.06	535.85
Forward P/E	27.62	N/A
PEG Ratio	1.22	N/A
Debt to Equity	32.06%	0.00%
Free Cash Flow Yield	1.80%	-0.99%
P/S Ratio	0.98	N/A
P/B Ratio	2.12	-37.17

Market Cap

Winner

PPIH

$210M

NHICU

$210M

Max Drawdown

PPIH

58.53%

Winner

NHICU

18.74%

Sharpe Ratio

PPIH

0.30

Winner

NHICU

0.42

5Y Beta

PPIH

1.63

Winner

NHICU

0.01

Industry

PPIH

Building Products & Equipment

NHICU

N/A

P/E Ratio

Winner

PPIH

15.06

NHICU

535.85

Forward P/E

PPIH

27.62

NHICU

N/A

PEG Ratio

PPIH

1.22

NHICU

N/A

Debt to Equity

PPIH

32.06%

Winner

NHICU

0.00%

Free Cash Flow Yield

Winner

PPIH

1.80%

NHICU

-0.99%

P/S Ratio

PPIH

0.98

NHICU

N/A

P/B Ratio

PPIH

2.12

Winner

NHICU

-37.17

PPIH vs NHICU - Historical Returns

Returns include dividend reinvestment.

Period	PPIH	NHICU
1 month	+1.64%	-7.36%
3 months	-22.42%	+6.34%
6 months	-17.39%	+7.72%
1 year	+2.52%	+11.99%
5 years(CAGR)	+30.08%	N/A
10 years(CAGR)	+12.86%	N/A
Max(CAGR)	+13.97%	+10.61%

Winner

PPIH

+1.64%

NHICU

-7.36%

PPIH

-22.42%

Winner

NHICU

+6.34%

PPIH

-17.39%

Winner

NHICU

+7.72%

PPIH

+2.52%

Winner

NHICU

+11.99%

5Y(CAGR)

PPIH

+30.08%

NHICU

N/A

10Y(CAGR)

PPIH

+12.86%

NHICU

N/A

Max(CAGR)

Winner

PPIH

+13.97%

NHICU

+10.61%

PPIH vs NHICU - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	PPIH	NHICU
2026	-14.98%	+10.81%
2025	+109.52%	+4.29%
2024	+84.11%	N/A
2023	-14.51%	N/A
2022	+9.50%	N/A
2021	+41.14%	N/A
2020	-33.95%	N/A
2019	+6.71%	N/A
2018	-1.69%	N/A
2017	+11.80%	N/A
2016	+24.42%	N/A

PPIH vs NHICU Drawdown Comparison

The maximum drawdown for PPIH was -58.53%, occurring on Nov 13, 2023. Recovery took 626 trading sessions.

The maximum drawdown for NHICU was -18.74%, occurring on Jul 14, 2026. This drawdown has not yet recovered.

The current PPIH drawdown is -26.35%. The current NHICU drawdown is -18.74%.

Rank	PPIH	NHICU
#1	-58.53% May 25, 2022 - Nov 20, 2024	-18.74% Jun 8, 2026 - Jul 14, 2026
#2	-48.00% Jun 13, 2018 - Apr 20, 2022	-7.25% Jun 1, 2026 - Jun 8, 2026
#3	-45.77% Dec 11, 2024 - Jun 13, 2025	-4.91% Aug 19, 2025 - Apr 28, 2026
#4	-34.17% Apr 14, 2026 - Jul 29, 2026	-2.76% Jun 16, 2025 - Aug 19, 2025
#5	-31.45% Sep 10, 2025 - Dec 26, 2025	-0.50% Mar 27, 2025 - Apr 22, 2025
#6	-21.41% Jan 27, 2017 - Nov 29, 2017	-0.40% Apr 22, 2025 - Apr 29, 2025
#7	-17.17% Feb 24, 2026 - Apr 13, 2026	-0.22% Apr 29, 2025 - May 6, 2025
#8	-15.97% Jul 22, 2025 - Aug 5, 2025	-0.20% Mar 14, 2025 - Mar 27, 2025
#9	-14.81% May 6, 2022 - May 25, 2022	-0.19% Jun 11, 2025 - Jun 13, 2025
#10	-13.81% Jan 6, 2016 - Feb 1, 2016	-0.10% May 6, 2025 - May 21, 2025
#11	-13.44% Mar 17, 2016 - May 25, 2016	-0.10% Mar 5, 2025 - Mar 10, 2025
#12	-12.43% Dec 26, 2025 - Feb 11, 2026	-0.09% Mar 12, 2025 - Mar 14, 2025
#13	-10.25% May 31, 2016 - Aug 8, 2016	-0.05% Jun 4, 2025 - Jun 6, 2025
#14	-9.77% Jan 23, 2018 - May 10, 2018	N/A
#15	-8.38% Dec 7, 2016 - Jan 9, 2017	N/A