Polaris Inc. (PII) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2025
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PII Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Polaris Inc. (PII) trades at a price-to-earnings ratio of -8.2x, with a stock price of $67.06 and trailing twelve-month earnings per share of $-7.77.
The current P/E is 124% below its 5-year average of 33.5x. Over the past five years, PII's P/E has ranged from a low of 10.2x to a high of 283.5x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 19.4x, PII trades at a 142% discount to its sector peers. The sector includes 302 companies with P/E ratios ranging from 0.1x to 199.2x.
Relative to the broader market, PII trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our PII DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
PII P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $3B | 8.5 | 0.04Best | -19% | |
| $473M | 33.4 | - | +128%Best | |
| $31B | 7.0Lowest | 0.45 | -21% | |
| $417M | 59.6 | - | -7% | |
| $14B | 78.8 | - | +13% | |
| $10B | 16.8 | 0.73 | -12% | |
| $871M | 21.4 | - | -24% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
PII Historical P/E Data (1990–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $40.94 | $0.72 | 56.9x | +190% |
| FY2024 Q4 | $57.62 | $1.96 | 29.5x | +50% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $83.24 | $3.58 | 23.3x | +19% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $78.31 | $5.71 | 13.7x | -30% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $100.12 | $6.82 | 14.7x | -25% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $94.77 | $8.70 | 10.9x | -44% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $104.14 | $10.23 | 10.2x | -48% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $120.93 | $10.72 | 11.3x | -42% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $110.63 | $8.32 | 13.3x | -32% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $101.00 | $7.51 | 13.4x | -31% |
| FY2022 Q3 | Fri Sep 30 2022 00:00:00 GM | $95.65 | $5.57 | 17.2x | -12% |
| FY2022 Q2 | $99.28 | $4.30 | 23.1x | +18% |
Average P/E for displayed period: 19.6x
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Start ComparisonPII — Frequently Asked Questions
Quick answers to the most common questions about buying PII stock.
Is PII stock overvalued or undervalued?
PII trades at -8.2x P/E, below its 5-year average of 33.5x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does PII's valuation compare to peers?
Polaris Inc. P/E of -8.2x compares to sector median of 19.4x. The discount suggests lower growth expectations or higher risk.
What is PII's PEG ratio?
PII PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2025.