Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Harley-DavidsonHOG -0.15%81 3-Year Book Growth Rate is 12.20% as of Jun. 2026, which is 19% below its 10-year median of 15.10. GuruFocus rates HOG with a GF Score™ of 81/100 and a GF Value™ of $26.77 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,281 Vehicles & Parts companies, Harley-Davidson ranks better than 70.96% on this metric.
During the past 12 months, Harley-Davidson's average Book Value per Share Growth Rate was 3.60% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 12.20% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 18.80% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 12.00% 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 average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Harley-Davidson was 57.40% per year. The lowest was -7.30% per year. And the median was 15.10% per year.
Harley-Davidson (NYSE:HOG) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Harley-Davidson 3-Year Book Growth Rate Related Terms
HOG vs PATK, LCII, PII: 3-Year Book Growth Rate Comparison
For the Recreational Vehicles subindustry, Harley-Davidson's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.
Harley-Davidson 3-Year Book Growth Rate vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Harley-Davidson's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Harley-Davidson's 3-Year Book Growth Rate falls into.
Harley-Davidson 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
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 average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 12.20% mean?
Harley-Davidson (HOG) has a 3-Year Book Growth Rate of 12.20% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Harley-Davidson and its competitors. This is 19% below median its historical median of 15.10. According to the industry distribution chart, Harley-Davidson ranks #372 out of 1281 companies in the Vehicles & Parts industry, placing it in the top 29%.
Is Harley-Davidson's 3-Year Book Growth Rate too high?
Harley-Davidson's current 3-Year Book Growth Rate of 12.20% is 19% below median its 10-year median of 15.10. The Vehicles & Parts industry median 3-Year Book Growth Rate is 6.50. Harley-Davidson's value of 12.20% is 87.7% above this industry median. Based on the distribution chart, Harley-Davidson ranks #372 out of 1281 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Harley-Davidson has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harley-Davidson's 3-Year Book Growth Rate compare to PATK and LCII?
According to the Vehicles & Parts industry distribution chart, Harley-Davidson ranks #372 out of 1281 companies for 3-Year Book Growth Rate. This puts Harley-Davidson in the upper half of its industry. The industry median 3-Year Book Growth Rate is 6.50. Harley-Davidson's value of 12.20% is 87.7% above this benchmark. While the company's 10-year median is 15.10 vs. the industry median of 6.50, Harley-Davidson has consistently been above 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 3-Year Book Growth Rate for a Vehicles & Parts company?
The median 3-Year Book Growth Rate among Vehicles & Parts companies is 6.50, based on 1,281 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harley-Davidson's current 3-Year Book Growth Rate of 12.20% is 87.7% above 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 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Harley-Davidson and its competitors. For the Vehicles & Parts industry, the median 3-Year Book Growth Rate is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harley-Davidson's current 3-Year Book Growth Rate is 12.20%, which is 19% below median its own 10-year median of 15.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harley-Davidson stock overvalued right now?
Based on GuruFocus' analysis, Harley-Davidson (HOG) is currently considered Fairly Valued. The stock's GF Value™ is $26.77, compared to a current price of $27.53 — trading 2.8% above its estimated fair value. The current 3-Year Book Growth Rate is 12.20%, which is 19% below median its 10-year median of 15.10 and 87.7% above the Vehicles & Parts industry median of 6.50. Harley-Davidson's overall GF Score™ is 81/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Harley-Davidson (HOG), the current 3-Year Book Growth Rate is 12.20% 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 Harley-Davidson (HOG) Overvalued in 2026?
Based on GuruFocus' analysis, Harley-Davidson stock appears to be overvalued.
The current stock price of $27.53 is trading 2.8% above its estimated GF Value™ of $26.77.
GuruFocus considers Harley-Davidson to be Fairly Valued.
Key valuation signals for HOG:
3-Year Book Growth Rate: 12.20% (19% below median its 10-year median of 15.10)
GF Value™: $26.77 vs. price of $27.53 (2.8% above fair value)
Industry Position: 87.7% above the Vehicles & Parts median (#372 of 1281)
No single metric tells the full story. See the HOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harley-Davidson is a leading global manufacturer of heavyweight motorcycles across the custom, cruising, and touring categories, as well as related merchandise, parts, and accessories. In recent years, the firm has expanded into the adventure touring market with its Pan America model, into electric with the LiveWire brand, and is returning to smaller-displacement bikes with the Sprint. Its captive finance arm, Harley-Davidson Financial Services, provides wholesale financing to dealers and retail financing and insurance brokerage services to customers. Harley captured around 34% of the heavyweight domestic market in 2025.
81GF Score
Get the complete analysis for HOG
3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HOG has been successfully added to your 
