Permutation matrix multiplication

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Given a permutation matrix $P$, is it true that there exist a natural number $n$ such that if $P$ is multiplied $n$ times, it gives the identity matrix (i.e., $\underbrace{P \times P \times \ldots \times P}_{n ~\text{times}} = I$)?

If so, I am looking for a proof and possibly an efficient way to find out the smallest soltion for $n$. Otherwise, a counterexample will be appreciated.