P/E ratio for Polaris (PII)
P/E ratio as of September 2023 (TTM): 9.66
According to Polaris's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.65654. At the end of 2021 the company had a P/E ratio of 13.7.
P/E ratio history for Polaris from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.7 | -71.45% |
| 2020 | 47.9 | 148.58% |
| 2019 | 19.3 | 34.89% |
| 2018 | 14.3 | -68.33% |
| 2017 | 45.1 | 80.59% |
| 2016 | 25.0 | 100.14% |
| 2015 | 12.5 | -43.42% |
| 2014 | 22.0 | -16.59% |
| 2013 | 26.4 | 42.29% |
| 2012 | 18.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Harley-Davidson
HOG | 6.11 | -36.73% | 🇺🇸 USA |
 Textron TXT | 18.0 | 86.07% | 🇺🇸 USA |
 Winnebago Industries WGO | 7.40 | -23.37% | 🇺🇸 USA |
 Kandi Technologies Group KNDI | -49.1 | -608.77% | 🇨🇳 China |
 Brunswick Corporation BC | 10.4 | 7.93% | 🇺🇸 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.