Polaris (MEX:PII) E10: MXN78.16 (As of Jun. 2026)

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MEX:PII Polaris Inc MEX:PII
77 GF Score
Price MXN1,213.00
GF Value MXN1,180.29
! 9 Warning Signs
View Full Analysis

What is Polaris E10?

Polaris MEX:PII 77 E10 is MXN78.16 as of Jun. 2026. GuruFocus rates MEX:PII with a GF Score™ of 77/100 and a GF Value™ of MXN1,180.29. The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Polaris's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN31.757. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN78.16 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Polaris's average E10 Growth Rate was -19.80% per year. During the past 3 years, the average E10 Growth Rate was -10.30% per year. During the past 5 years, the average E10 Growth Rate was -0.40% per year. During the past 10 years, the average E10 Growth Rate was 4.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Polaris was 19.80% per year. The lowest was -10.30% per year. And the median was 9.10% per year.

As of today (2026-08-10), Polaris's current stock price is MXN1213.00. Polaris's E10 for the quarter that ended in Jun. 2026 was MXN78.16. Polaris's Shiller PE Ratio of today is 15.52.

During the past 13 years, the highest Shiller PE Ratio of Polaris was 33.72. The lowest was 5.73. And the median was 19.29.


Polaris  (MEX:PII) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Polaris's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1213.00/78.16
=15.52

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Polaris was 33.72. The lowest was 5.73. And the median was 19.29.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Polaris E10 Related Terms


Polaris E10 Historical Data

* Premium members only.

The historical data trend for Polaris's E10 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 E10 Chart

Polaris Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111.98 119.50 100.70 164.28 84.96

Polaris Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 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 94.85 100.19 84.96 96.37 78.16

MEX:PII vs THO, BC, PATK: E10 Comparison

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

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

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


MEX:PII
77GF Score
Polaris Inc MEX:PII
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polaris E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Polaris's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=31.757/333.9520*333.9520
=31.757

Current CPI (Jun. 2026) = 333.9520.

Polaris Quarterly Data

per share eps CPI Adj_EPS
201609 9.668 241.428 13.373
201612 19.998 241.432 27.662
201703 -0.941 243.801 -1.289
201706 17.534 244.955 23.904
201709 23.229 246.819 31.429
201712 9.623 246.524 13.036
201803 15.442 249.554 20.664
201806 28.099 251.989 37.239
201809 28.057 252.439 37.117
201812 28.863 251.233 38.366
201903 15.130 254.202 19.877
201906 27.277 256.143 35.563
201909 28.034 256.759 36.462
201912 29.799 256.974 38.725
202003 -2.110 258.115 -2.730
202006 -88.174 257.797 -114.221
202009 58.762 260.280 75.395
202012 62.660 260.474 80.336
202103 43.131 264.877 54.379
202106 50.163 271.696 61.657
202109 37.834 274.310 46.060
202112 28.720 278.802 34.401
202203 22.699 287.504 26.366
202206 -1.609 296.311 -1.813
202209 62.356 296.808 70.160
202212 65.117 296.797 73.269
202303 35.149 301.836 38.889
202306 39.774 305.109 43.534
202309 45.638 307.789 49.517
202312 30.723 306.746 33.448
202403 1.162 312.332 1.242
202406 22.167 314.175 23.562
202409 9.648 315.301 10.219
202412 3.963 315.605 4.193
202503 -23.936 319.799 -24.995
202506 -26.173 322.561 -27.097
202509 -5.136 324.800 -5.281
202512 -96.150 324.054 -99.087
202603 -14.967 330.213 -15.136
202606 31.757 333.952 31.757

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN78.16 mean?
Polaris (MEX:PII) has a E10 of MXN78.16 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Polaris and its competitors.
Is Polaris' E10 too high?
Polaris' current E10 is MXN78.16. Overall, Polaris has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Polaris' E10 compare to THO and BC?
Polaris' E10 of MXN78.16 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Polaris and its competitors. Polaris's current E10 is MXN78.16. 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 E10 of MXN78.16. The stock's GF Value™ is MXN1,180.29, compared to a current price of MXN1,213.00 — trading 2.8% above its estimated fair value. The current E10 is MXN78.16. Polaris' overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Polaris (MEX:PII), the current E10 is MXN78.16 as of Jun. 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 overvalued. The current stock price of MXN1,213.00 is trading 2.8% above its estimated GF Value™ of MXN1,180.29.

Key valuation signals for MEX:PII:

  • E10: MXN78.16
  • GF Value™: MXN1,180.29 vs. price of MXN1,213.00 (2.8% above fair value)
  • GF Score™: 77/100 with 9 warning signs

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.
77GF Score

Get the complete analysis for MEX:PII

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,213.00
Price
MXN1,180.29
GF Value