HOG (Harley-Davidson) Book Value per Share: $27.22 (As of Mar. 2026)


HOG Harley-Davidson Inc HOG
80 GF Score
Price $25.32
GF Value $27.95
Valuation Fairly Valued
! 8 Warning Signs
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What is Harley-Davidson Book Value per Share?

Harley-Davidson HOG +1.44% 80 Book Value per Share is $27.22 as of Mar. 2026. GuruFocus rates HOG with a GF Score™ of 80/100 and a GF Value™ of $27.95 (Fairly Valued). The stock has 8 warning signs investors should review.

Harley-Davidson's book value per share for the quarter that ended in Mar. 2026 was $27.22.

During the past 12 months, Harley-Davidson's average Book Value Per Share Growth Rate was 6.80% 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 book value growth rate using book value per share data.

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's current price is $25.32. Its book value per share for the quarter that ended in Mar. 2026 was $27.22. Hence, today's PB Ratio of Harley-Davidson is 0.93.

During the past 13 years, the highest P/B Ratio of Harley-Davidson was 5.70. The lowest was 0.63. And the median was 2.46.


Harley-Davidson  (NYSE:HOG) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Harley-Davidson Book Value per Share Related Terms


Harley-Davidson Book Value per Share Historical Data

* Premium members only.

The historical data trend for Harley-Davidson's Book Value per Share 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.

Harley-Davidson Book Value per Share Chart

Harley-Davidson Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.63 19.91 23.86 25.48 28.13

Harley-Davidson Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 25.49 26.57 28.61 28.13 27.22

HOG vs LCII, PATK, THO: Book Value per Share Comparison

For the Recreational Vehicles subindustry, Harley-Davidson's PB Ratio, along with its competitors' market caps and PB 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.


Harley-Davidson PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Harley-Davidson's PB Ratio distribution charts can be found below:

* The bar in red indicates where Harley-Davidson's PB Ratio falls into.


HOG
80GF Score
Harley-Davidson Inc HOG
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Harley-Davidson Book Value per Share Calculation

Harley-Davidson's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3,141-0)/112
=28.13

Harley-Davidson's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3,064-0)/113
=27.22

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $27.22 mean?
Harley-Davidson (HOG) has a Book Value per Share of $27.22 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Harley-Davidson and its competitors.
Is Harley-Davidson's Book Value per Share too high?
Harley-Davidson's current Book Value per Share is $27.22. Overall, Harley-Davidson has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harley-Davidson's Book Value per Share compare to LCII and PATK?
Harley-Davidson's Book Value per Share of $27.22 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 Book Value per Share for a Vehicles & Parts company?
A good Book Value per Share depends on the Vehicles & Parts industry context. However, Book Value per Share 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 Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Harley-Davidson and its competitors. Harley-Davidson's current Book Value per Share is $27.22. 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 $27.95, compared to a current price of $25.32 — trading 9.4% below its estimated fair value. The current Book Value per Share is $27.22. Harley-Davidson's overall GF Score™ is 80/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Harley-Davidson (HOG), the current Book Value per Share is $27.22 as of Mar. 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 undervalued. The current stock price of $25.32 is trading 9.4% below its estimated GF Value™ of $27.95. GuruFocus considers Harley-Davidson to be Fairly Valued.

Key valuation signals for HOG:

  • Book Value per Share: $27.22
  • GF Value™: $27.95 vs. price of $25.32 (9.4% below fair value)
  • GF Score™: 80/100 with 8 warning signs

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 Business Description

Address 3700 West Juneau Avenue, Milwaukee, WI, USA, 53208
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.
80GF Score

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

$25.32
Price
$27.95
GF Value