# Assumes $host is set to what you want to ping
    my $p = Net::Ping->new("icmp",$TimeOut,,,$ttl);
    $p->hires(1);#use Time::HiRes module, allowing milliseconds to be 
+returned by subsequent calls to ping().

        my ($ret, $duration, $ip) = $p->ping($host);
        if ($ret){
            $verbose and printf("$host [ip: $ip] is alive (%.2f ms)\n"
+, 1000 * $duration);

        }
    $p->close();
[download]

If you want to simulate traceroute, have you tried looking how it's done in Net::Traceroute::PurePerl. Unfortunately, it's not as straightforward as your code hopes.