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Polaris (Polaris) PB Ratio

: 3.45 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-19), Polaris's share price is $86.53. Polaris's Book Value per Share for the quarter that ended in Dec. 2023 was $25.12. Hence, Polaris's PB Ratio of today is 3.45.

Good Sign:

Polaris Inc stock PB Ratio (=3.45) is close to 3-year low of 3.45

The historical rank and industry rank for Polaris's PB Ratio or its related term are showing as below:

PII' s PB Ratio Range Over the Past 10 Years
Min: 2.38   Med: 6.45   Max: 17.72
Current: 3.44

During the past 13 years, Polaris's highest PB Ratio was 17.72. The lowest was 2.38. And the median was 6.45.

PII's PB Ratio is ranked worse than
82.76% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 1.43 vs PII: 3.44

During the past 12 months, Polaris's average Book Value Per Share Growth Rate was 30.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Polaris was 51.00% per year. The lowest was -22.30% per year. And the median was 10.35% per year.

Back to Basics: PB Ratio


Polaris PB Ratio Historical Data

The historical data trend for Polaris's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Polaris Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.64 5.15 5.42 5.24 3.77

Polaris Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.24 5.46 5.49 4.41 3.77

Competitive Comparison

For the Recreational Vehicles subindustry, Polaris's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Polaris PB Ratio Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Polaris's PB Ratio distribution charts can be found below:

* The bar in red indicates where Polaris's PB Ratio falls into.



Polaris PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Polaris's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=86.53/25.117
=3.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Polaris  (NYSE:PII) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Polaris PB Ratio Related Terms

Thank you for viewing the detailed overview of Polaris's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Polaris (Polaris) Business Description

Traded in Other Exchanges
Address
2100 Highway 55, Medina, MN, USA, 55340
Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, including motorcycles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to new segments of the outdoor lifestyle market. Polaris products retailed through more than 2,500 dealers in North America and through 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America at the end of 2022.
Executives
Robert Paul Mack officer: CFO, EVP-Corp Dev Pres-GAM 2100 HIGHWAY 55, MEDINA MN 55340
Kevin M Farr director MATTEL, INC., 333 CONTINENTAL BLVD, M1-1518, EL SEGUNDO CA 90245
Stephen L. Eastman officer: President - PG&A 2100 HIGHWAY 55, MEDINA MN 55340
Michael T Speetzen officer: CEO XYLEM INC., 1133 WESTCHESTER AVENUE, SUITE N200, WHITE PLAINS NY 10604
Michael D. Dougherty officer: President-Motorcycles & Int'l 2100 HIGHWAY 55, MEDINA MN 55340
Dougherty Lucy Clark officer: SVP-Gen Counsel & Secretary 2100 HIGHWAY 55, MEDINA MN 55340
James P Williams officer: SVP-CHRO 600 TRAVIS, SUITE 5800, HOUSTON TX 77002
Benjamin D Duke officer: President-Marine 2100 HIGHWAY 55, MEDINA MN 55340
Kenneth Pucel officer: EVP, Global Ops & CTO 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Steven Menneto officer: President-ORV 2100 HIGHWAY 55, MEDINA MN 55340
Jacob Vogel officer: President-Boats 2100 HIGHWAY 55, MEDINA MN 55340
Darryl R. Jackson director 2100 HIGHWAY 55, MEDINA MN 55340
Scott W. Wine officer: Chief Executive Officer 2100 HIGHWAY 55, MEDINA MN 55340
Christopher Musso officer: President-ORV 2100 HIGHWAY 55, MEDINA MN 55340
Annette K Clayton director 11384 BAYBERRY DRIVE, ROMEO MI 48065

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