Honda Motor Co (HAM:HDM) Cyclically Adjusted Book per Share: €15.97 (As of Jun. 2026)

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HAM:HDM Honda Motor Co Ltd HAM:HDM
81 GF Score
Price €9.33
GF Value €10.17
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Honda Motor Co Cyclically Adjusted Book per Share?

Honda Motor Co HAM:HDM +0.70% 81 Cyclically Adjusted Book per Share is €15.97 as of Jun. 2026. GuruFocus rates HAM:HDM with a GF Score™ of 81/100 and a GF Value™ of €10.17 (Fairly Valued). 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 Jun. 2026 was €17.458. 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 €15.97 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Honda Motor Co's average Cyclically Adjusted Book Growth Rate was 9.90% 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 8.40% per year.

As of today (2026-09-17), Honda Motor Co's current stock price is €9.333. Honda Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €15.97. Honda Motor Co's Cyclically Adjusted PB Ratio of today is 0.58.

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 0.83.


Honda Motor Co  (HAM:HDM) 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
=9.333/15.968
=0.58

* 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 0.83.


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 11.96 13.07 14.11 15.22 15.97

Honda Motor Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 15.15 15.35 15.63 15.72 15.97

HAM:HDM 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.


HAM:HDM
81GF Score
Honda Motor Co Ltd HAM:HDM
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 Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=17.458/113.6000*113.6000
=17.458

Current CPI (Jun. 2026) = 113.6000.

Honda Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.058 98.000 12.818
201612 11.398 98.400 13.159
201703 11.747 98.100 13.603
201706 11.157 98.500 12.867
201709 11.080 98.800 12.740
201712 11.710 99.400 13.383
201803 11.801 99.200 13.514
201806 12.212 99.200 13.985
201809 12.419 99.900 14.122
201812 12.946 99.700 14.751
201903 13.057 99.700 14.877
201906 13.142 99.800 14.959
201909 13.844 100.100 15.711
201912 13.678 100.500 15.461
202003 13.505 100.300 15.296
202006 12.964 99.900 14.742
202009 12.939 99.900 14.713
202012 13.106 99.300 14.993
202103 13.933 99.900 15.844
202106 14.086 99.500 16.082
202109 14.585 100.100 16.552
202112 14.935 100.100 16.949
202203 15.544 101.100 17.466
202206 15.762 101.800 17.589
202209 16.444 103.100 18.119
202212 16.029 104.100 17.492
202303 15.932 104.400 17.336
202306 15.758 105.200 17.016
202309 16.402 106.200 17.545
202312 16.331 106.800 17.371
202403 16.478 107.200 17.462
202406 16.476 108.200 17.298
202409 16.953 108.900 17.685
202412 17.711 110.700 18.175
202503 17.986 111.100 18.391
202506 17.414 111.700 17.710
202509 18.120 112.000 18.379
202512 17.833 113.000 17.928
202603 17.025 112.700 17.161
202606 17.458 113.600 17.458

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 €15.97 mean?
Honda Motor Co (HAM:HDM) has a Cyclically Adjusted Book per Share of €15.97 as of Jun. 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 €15.97. Overall, Honda Motor Co has a GF Score™ of 81/100 and is considered Fairly Valued, 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 €15.97 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 €15.97. 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 (HAM:HDM) is currently considered Fairly Valued. The stock's GF Value™ is €10.17, compared to a current price of €9.33 — trading 8.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is €15.97. Honda Motor Co's overall GF Score™ is 81/100 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 (HAM:HDM), the current Cyclically Adjusted Book per Share is €15.97 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 Honda Motor Co (HAM:HDM) Overvalued in 2026?

Based on GuruFocus' analysis, Honda Motor Co stock appears to be undervalued. The current stock price of €9.33 is trading 8.2% below its estimated GF Value™ of €10.17. GuruFocus considers Honda Motor Co to be Fairly Valued.

Key valuation signals for HAM:HDM:

  • Cyclically Adjusted Book per Share: €15.97
  • GF Value™: €10.17 vs. price of €9.33 (8.2% below fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the HAM:HDM 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.
81GF Score

Get the complete analysis for HAM:HDM

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

€9.33
Price
€10.17
GF Value