Polaris (MEX:PII) Cyclically Adjusted PS Ratio: 0.40 (As of Jul. 05, 2026) — 68% Below Median


MEX:PII Polaris Inc MEX:PII
73 GF Score
Price MXN1,213.00
GF Value MXN1,325.61
! 6 Warning Signs
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What is Polaris Cyclically Adjusted PS Ratio?

Polaris MEX:PII 73 Cyclically Adjusted PS Ratio is 0.40 as of Jul. 05, 2026, which is 68% below its 10-year median of 1.25. GuruFocus rates MEX:PII with a GF Score™ of 73/100 and a GF Value™ of MXN1,325.61. The stock has 6 warning signs investors should review. Among 1,043 Vehicles & Parts companies, Polaris ranks better than 62.03% on this metric.

As of today (2026-07-05), Polaris's current share price is MXN1213.00. Polaris's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN3,030.50. Polaris's Cyclically Adjusted PS Ratio for today is 0.40.

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

MEX:PII' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 1.25   Max: 2.55
Current: 0.46

During the past years, Polaris's highest Cyclically Adjusted PS Ratio was 2.55. The lowest was 0.26. And the median was 1.25.

MEX:PII's Cyclically Adjusted PS Ratio is ranked better than
62.03% of 1043 companies
in the Vehicles & Parts industry
Industry Median: 0.75 vs MEX:PII: 0.46

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Polaris's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN521.095. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN3,030.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polaris  (MEX:PII) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Polaris Cyclically Adjusted PS Ratio Related Terms


Polaris Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Polaris's Cyclically Adjusted PS 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.

Polaris Cyclically Adjusted PS Ratio Chart

Polaris Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 0.94 0.80 0.46 0.48

Polaris Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial 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 0.32 0.31 0.44 0.48 0.40

MEX:PII vs THO, PATK, HOG: Cyclically Adjusted PS Ratio Comparison

For the Recreational Vehicles subindustry, Polaris's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where Polaris's Cyclically Adjusted PS Ratio falls into.


MEX:PII
73GF Score
Polaris Inc MEX:PII
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polaris Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Polaris's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1213.00/3030.50
=0.40

* 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.

Polaris's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Polaris's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=521.095/330.2130*330.2130
=521.095

Current CPI (Mar. 2026) = 330.2130.

Polaris Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 320.260 241.018 438.781
201609 352.375 241.428 481.961
201612 390.305 241.432 533.831
201703 338.742 243.801 458.805
201706 386.671 244.955 521.254
201709 420.066 246.819 561.996
201712 433.092 246.524 580.116
201803 361.428 249.554 478.246
201806 455.013 251.989 596.261
201809 486.100 252.439 635.863
201812 515.702 251.233 677.823
201903 467.961 254.202 607.890
201906 549.492 256.143 708.391
201909 561.395 256.759 722.000
201912 522.988 256.974 672.042
202003 532.296 258.115 680.980
202006 566.486 257.797 725.614
202009 687.565 260.280 872.303
202012 659.894 260.474 836.573
202103 629.060 264.877 784.227
202106 605.770 271.696 736.239
202109 586.727 274.310 706.299
202112 658.232 278.802 779.610
202203 579.599 287.504 665.699
202206 685.941 296.311 764.422
202209 784.686 296.808 873.000
202212 799.835 296.797 889.887
202303 676.232 301.836 739.808
202306 657.460 305.109 711.555
202309 677.740 307.789 727.117
202312 680.516 306.746 732.578
202403 503.807 312.332 532.650
202406 631.448 314.175 663.682
202409 600.258 315.301 628.647
202412 647.966 315.605 677.958
202503 552.192 319.799 570.174
202506 612.015 322.561 626.534
202509 593.720 324.800 603.615
202512 608.175 324.054 619.734
202603 521.095 330.213 521.095

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 0.40 mean?
Polaris (MEX:PII) has a Cyclically Adjusted PS Ratio of 0.40 as of Jul. 05, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Polaris and its competitors. This is 68% below median its historical median of 1.25. Over the past decade, Polaris' Cyclically Adjusted PS Ratio has ranged from 0.26 to 2.55. According to the industry distribution chart, Polaris ranks #396 out of 1043 companies in the Vehicles & Parts industry, placing it in the top 38%.
Is Polaris' Cyclically Adjusted PS Ratio too high?
Polaris' current Cyclically Adjusted PS Ratio of 0.40 is 68% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 2.55. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.75. Polaris' value of 0.40 is 46.7% below this industry median. Based on the distribution chart, Polaris ranks #396 out of 1043 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Polaris has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Polaris' Cyclically Adjusted PS Ratio compare to THO and PATK?
According to the Vehicles & Parts industry distribution chart, Polaris ranks #396 out of 1043 companies for Cyclically Adjusted PS Ratio. This puts Polaris in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Polaris' value of 0.40 is 46.7% below this benchmark. Historically, Polaris' own Cyclically Adjusted PS Ratio has ranged from 0.26 to 2.55 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 0.75, Polaris has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.75, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Polaris's current Cyclically Adjusted PS Ratio of 0.40 is 46.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Polaris and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris's current Cyclically Adjusted PS Ratio is 0.40, which is 68% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris stock overvalued right now?
Polaris (MEX:PII) has a current Cyclically Adjusted PS Ratio of 0.40. The stock's GF Value™ is MXN1,325.61, compared to a current price of MXN1,213.00 — trading 8.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.40, which is 68% below median its 10-year median of 1.25 and 46.7% below the Vehicles & Parts industry median of 0.75. Polaris' overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Polaris (MEX:PII), the current Cyclically Adjusted PS Ratio is 0.40 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Polaris (MEX:PII) Overvalued in 2026?

Based on GuruFocus' analysis, Polaris stock appears to be undervalued. The current stock price of MXN1,213.00 is trading 8.5% below its estimated GF Value™ of MXN1,325.61.

Key valuation signals for MEX:PII:

  • Cyclically Adjusted PS Ratio: 0.40 (68% below median its 10-year median of 1.25)
  • GF Value™: MXN1,325.61 vs. price of MXN1,213.00 (8.5% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 46.7% below the Vehicles & Parts median (#396 of 1043)

No single metric tells the full story. See the MEX:PII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polaris Business Description

Other Exchanges PII:USA0KJQ:UKPL6:Germany
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, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to pontoon and deck boat users. It is slated to divest its Indian motorcycle brand to Carolwood in the first quarter of 2026. Polaris products are retailed through more than 2,500 dealers in North America and 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America.
73GF Score

Get the complete analysis for MEX:PII

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,213.00
Price
MXN1,325.61
GF Value