Superworth

Polaris price to book ratio PII

Market value divided by the book value of the company's net assets, since 2010.

Today, Oct 23, 2026
3.7×
10-year median
5.8×
Against its 10-year history
23rd
percentile: 0 is its lowest day, 100 its highest
10-year range
1.4× to 9.4×
Peer median
2.4×

Polaris' price to book ratio is 3.7× as of Oct 23, 2026.

That is below its ten-year median of 5.8×, lower than on 77% of days in the last ten years.

Over that time it ranged from 1.4× in Apr 2025 to 9.4× in Jan 2018.

The median for 10 aerospace and defense stocks of a similar size is 2.4×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far3.7×3.1×5.5×
20253.2×1.4×3.4×
20242.4×2.4×4.0×
20234.0×3.6×6.8×
20225.8×5.0×6.8×
20215.5×5.2×8.4×
20206.2×2.2×8.6×
20196.1×5.0×7.0×
20185.2×5.0×9.4×
20178.7×5.7×9.3×
20165.7×4.9×6.8×
20156.0×5.9×12.6×
201412.2×9.3×17.1×
201310.7×8.0×11.5×
20128.5×8.2×11.0×
20117.8×7.1×10.8×
20108.9×7.6×9.9×

Against its peers

Companies in Aerospace & Defense nearest Polaris' size, closest first, today.

CompanyPrice to book ratio
PIIPolaris3.7×
HOGHarley-Davidson1.0×
THOThor Industries0.8×
AIRAAR2.2×
ATROAstronics12.6×
KRMNKarman11.5×
LOARLoar4.8×
SAROStandardAero2.6×
KTOSKratos Defense & Security Solutions2.1×
DRSLeonardo DRS3.3×
HIIHuntington Ingalls Industries2.0×
Peer median2.4×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Polaris

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.