Polaris (FRA:PL6) Shiller PE Ratio: (As of Sep. 20, 2026)

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FRA:PL6 Polaris Inc FRA:PL6
75 GF Score
Price €46.34
GF Value €62.26
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Polaris Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Polaris  (FRA:PL6) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Polaris Shiller PE Ratio Related Terms


Polaris Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Polaris's Shiller PE 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 Shiller PE Ratio Chart

Polaris Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.44 17.06 14.52 9.82 13.00

Polaris Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 6.73 10.23 13.00 11.29 14.76

FRA:PL6 vs THO, HOG, PATK: Shiller PE Ratio 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.


FRA:PL6
75GF Score
Polaris Inc FRA:PL6
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polaris Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio 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 E10 for the quarter that ended in Jun. 2026 is calculated as:

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)
=1.5696/333.9520*333.9520
=1.570

Current CPI (Jun. 2026) = 333.9520.

Polaris Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.448 241.428 0.620
201612 0.902 241.432 1.248
201703 -0.047 243.801 -0.064
201706 0.882 244.955 1.202
201709 1.091 246.819 1.476
201712 0.412 246.524 0.558
201803 0.692 249.554 0.925
201806 1.200 251.989 1.591
201809 1.290 252.439 1.706
201812 1.290 251.233 1.715
201903 0.687 254.202 0.902
201906 1.264 256.143 1.647
201909 1.277 256.759 1.661
201912 1.425 256.974 1.852
202003 -0.079 258.115 -0.102
202006 -3.470 257.797 -4.495
202009 2.274 260.280 2.917
202012 2.643 260.474 3.388
202103 1.756 264.877 2.214
202106 2.094 271.696 2.574
202109 1.560 274.310 1.900
202112 1.221 278.802 1.462
202203 1.018 287.504 1.183
202206 2.134 296.311 2.405
202209 3.093 296.808 3.480
202212 3.275 296.797 3.685
202303 1.819 301.836 2.013
202306 2.135 305.109 2.337
202309 2.413 307.789 2.618
202312 1.681 306.746 1.830
202403 0.061 312.332 0.065
202406 1.122 314.175 1.192
202409 0.446 315.301 0.473
202412 0.176 315.605 0.186
202503 -1.116 319.799 -1.165
202506 -1.227 322.561 -1.271
202509 -0.238 324.800 -0.244
202512 -4.584 324.054 -4.724
202603 -0.706 330.213 -0.714
202606 1.570 333.952 1.570

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

Is Polaris (FRA:PL6) Overvalued in 2026?

Based on GuruFocus' analysis, Polaris stock appears to be undervalued. The current stock price of €46.34 is trading 25.6% below its estimated GF Value™ of €62.26. GuruFocus considers Polaris to be Modestly Undervalued.

Key valuation signals for FRA:PL6:

  • Shiller PE Ratio:
  • GF Value™: €62.26 vs. price of €46.34 (25.6% below fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the FRA:PL6 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.
75GF Score

Get the complete analysis for FRA:PL6

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

€46.34
Price
€62.26
GF Value