Polaris
PII
#3069
Rank
$4.09 B
Marketcap
$73.43
Share price
-0.24%
Change (1 day)
-13.10%
Change (1 year)
Polaris Industries Inc. is a vehicle manufacturer based in Medina, Minnesota. The company is primarily known for the production of snowmobiles and all-terrain vehicles.

P/E ratio for Polaris (PII)

P/E ratio as of October 2024 (TTM): 7.20

According to Polaris's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.19576. At the end of 2022 the company had a P/E ratio of 13.3.

P/E ratio history for Polaris from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.3-2.91%
202113.7-71.45%
202047.9148.58%
201919.334.89%
201814.3-68.33%
201745.180.59%
201625.0100.14%
201512.5-43.42%
201422.0-16.59%
201326.442.29%
201218.69.84%
201116.9-4.4%
201017.726.51%
200914.075.23%
20087.98-47.04%
200715.1-14.08%
200617.513.55%
200515.4-46.67%
200429.066.97%
200317.337.51%
200212.6-12.69%
200114.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.54-9.11%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9 65.24%๐Ÿ‡บ๐Ÿ‡ธ USA
17.5 143.67%๐Ÿ‡บ๐Ÿ‡ธ USA
-28.3-492.72%๐Ÿ‡จ๐Ÿ‡ณ China
7.01-2.62%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.