What is Polaris's price / book?

Polaris (PII) reported price / book of 4.1× in Q1 2026.

How has Polaris's price / book changed year-over-year?

Polaris's price / book increased by 120.3% year-over-year, from 1.9× to 4.1×.

What is the long-term trend for Polaris's price / book?

Over 5 years (2020 to 2025), Polaris's price / book has grown at a -3.2% compound annual growth rate (CAGR), from 5.1× to 4.3×.

What does price / book mean?

Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

Polaris PII Price / book

Price / book at other companies

BrunswickBC

3×+1.1×

Thor IndustriesTHO

1×0.0×

LKQLKQ

1.2×-0.6×

Rivian Automotive, Inc.RIVN

4.2×+2.0×

Dorman ProductsDORM

2.1×-0.6×

Tractor Supply CompanyTSCO

9.5×-3.6×

Other financials

Income statement

See full

Revenue$1.7B+8.0%

Gross profit$334.8M+36.7%

Operating income-$39.1M-8.3%

Net income-$47.4M+29.0%

EPS (diluted)-$0.83+29.1%

Balance sheet

See full

Cash & equivalents$282.0M-3.3%

Total debt$2.1B+1.4%

Total equity$750.4M-38.8%

Total assets$5.2B-3.8%

Cash flow

See full

Operating cash flow-$320.2M-485%

CapEx$29.7M-16.6%

Free cash flow-$349.9M-835%

Valuation

See full

Market cap$3.91B+34.8%

Profitability

See full

Gross margin20%+0.2pp

Operating margin-4.8%-7.9pp

Net margin-6.1%-6.7pp

FCF margin2.2%-1.1pp

Returns & leverage

See full

Return on equity-45.1%-48.2pp

Debt / equity2.8×+1.1×

Current ratio1.2×+0.1×

Where this comes from

Calculated from Polaris’s reported figures.

market cap/total stockholders equity=4.1×

Based on the most recent quarter.

The official record: Polaris’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about Polaris's price / book.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Polaris's price / book?: Polaris (PII) reported price / book of 4.1× in Q1 2026.
How has Polaris's price / book changed year-over-year?: Polaris's price / book increased by 120.3% year-over-year, from 1.9× to 4.1×.
What is the long-term trend for Polaris's price / book?: Over 5 years (2020 to 2025), Polaris's price / book has grown at a -3.2% compound annual growth rate (CAGR), from 5.1× to 4.3×.
What does price / book mean?: Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.