Honda Motor Co (BSP:HOND34) Cyclically Adjusted Book per Share: R$215.25 (As of Mar. 2026)


BSP:HOND34 Honda Motor Co Ltd BSP:HOND34
78 GF Score
Price R$147.45
GF Value R$180.84
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Honda Motor Co Cyclically Adjusted Book per Share?

Honda Motor Co BSP:HOND34 -2.67% 78 Cyclically Adjusted Book per Share is R$215.25 as of Mar. 2026. GuruFocus rates BSP:HOND34 with a GF Score™ of 78/100 and a GF Value™ of R$180.84 (Modestly Undervalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Honda Motor Co's adjusted book value per share for the three months ended in Mar. 2026 was R$300.157. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$215.25 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Honda Motor Co's average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.70% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Honda Motor Co was 13.50% per year. The lowest was 5.80% per year. And the median was 8.20% per year.

As of today (2026-07-08), Honda Motor Co's current stock price is R$147.45. Honda Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$215.25. Honda Motor Co's Cyclically Adjusted PB Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Honda Motor Co was 1.27. The lowest was 0.58. And the median was 0.84.


Honda Motor Co  (BSP:HOND34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Honda Motor Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=147.45/215.25
=0.69

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Honda Motor Co was 1.27. The lowest was 0.58. And the median was 0.84.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Honda Motor Co Cyclically Adjusted Book per Share Related Terms


Honda Motor Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Honda Motor Co's Cyclically Adjusted Book 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.

Honda Motor Co Cyclically Adjusted Book per Share Chart

Honda Motor Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.80 182.17 174.57 228.27 215.25

Honda Motor Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book 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 228.27 228.19 220.50 225.65 215.25

BSP:HOND34 vs TSLA, GM, F: Cyclically Adjusted Book per Share Comparison

For the Auto Manufacturers subindustry, Honda Motor Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Honda Motor Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Honda Motor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Honda Motor Co's Cyclically Adjusted PB Ratio falls into.


BSP:HOND34
78GF Score
Honda Motor Co Ltd BSP:HOND34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honda Motor Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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.

For example, Honda Motor Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=300.157/112.7000*112.7000
=300.157

Current CPI (Mar. 2026) = 112.7000.

Honda Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 117.141 98.100 134.575
201609 116.416 98.000 133.878
201612 117.175 98.400 134.203
201703 112.114 98.100 128.800
201706 123.177 98.500 140.934
201709 120.711 98.800 137.694
201712 133.728 99.400 151.621
201803 137.947 99.200 156.720
201806 157.099 99.200 178.478
201809 174.138 99.900 196.450
201812 162.935 99.700 184.180
201903 162.370 99.700 183.542
201906 167.224 99.800 188.839
201909 181.587 100.100 204.444
201912 182.147 100.500 204.258
202003 210.595 100.300 236.631
202006 220.229 99.900 248.447
202009 238.209 99.900 268.730
202012 238.452 99.300 270.630
202103 272.688 99.900 307.627
202106 246.635 99.500 279.354
202109 264.129 100.100 297.376
202112 283.581 100.100 319.277
202203 256.938 101.100 286.419
202206 246.756 101.800 273.177
202209 249.385 103.100 272.606
202212 256.154 104.100 277.316
202303 261.861 104.400 282.679
202306 249.625 105.200 267.421
202309 253.262 106.200 268.763
202312 253.774 106.800 267.793
202403 262.192 107.200 275.644
202406 284.659 108.200 296.498
202409 307.539 108.900 318.270
202412 335.183 110.700 341.239
202503 328.660 111.100 333.393
202506 332.507 111.700 335.484
202509 334.261 112.000 336.350
202512 336.175 113.000 335.283
202603 300.157 112.700 300.157

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$215.25 mean?
Honda Motor Co (BSP:HOND34) has a Cyclically Adjusted Book per Share of R$215.25 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Honda Motor Co and its competitors.
Is Honda Motor Co's Cyclically Adjusted Book per Share too high?
Honda Motor Co's current Cyclically Adjusted Book per Share is R$215.25. Overall, Honda Motor Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honda Motor Co's Cyclically Adjusted Book per Share compare to TSLA and GM?
Honda Motor Co's Cyclically Adjusted Book per Share of R$215.25 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 Cyclically Adjusted Book per Share for a Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts industry context. However, Cyclically Adjusted Book 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Honda Motor Co and its competitors. Honda Motor Co's current Cyclically Adjusted Book per Share is R$215.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honda Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Honda Motor Co (BSP:HOND34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$180.84, compared to a current price of R$147.45 — trading 18.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$215.25. Honda Motor Co's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Honda Motor Co (BSP:HOND34), the current Cyclically Adjusted Book per Share is R$215.25 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 Honda Motor Co (BSP:HOND34) Overvalued in 2026?

Based on GuruFocus' analysis, Honda Motor Co stock appears to be undervalued. The current stock price of R$147.45 is trading 18.5% below its estimated GF Value™ of R$180.84. GuruFocus considers Honda Motor Co to be Modestly Undervalued.

Key valuation signals for BSP:HOND34:

  • Cyclically Adjusted Book per Share: R$215.25
  • GF Value™: R$180.84 vs. price of R$147.45 (18.5% below fair value)
  • GF Score™: 78/100 with 7 warning signs

No single metric tells the full story. See the BSP:HOND34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honda Motor Co Business Description

Address Toranomon 2-chome, No.2-3, Minato-ku, Tokyo, JPN, 105-8404
Incorporated in 1948, Honda Motor was originally a motorcycle manufacturer. Today, the firm makes automobiles, motorcycles, and power products such as boat engines, generators, and lawnmowers. Including joint ventures, Honda sold 3.4 million light vehicles and 22.1 million motorcycles in fiscal 2026, and consolidated sales were JPY 21.8 trillion. Automobiles constitute 64% of revenue and motorcycles 18%, with the rest split between power products and financial services. Honda also makes robots and private jets.
78GF Score

Get the complete analysis for BSP:HOND34

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

R$147.45
Price
R$180.84
GF Value