Honda Motor Co (MEX:HMCN) Cyclically Adjusted Book per Share: MXN681.46 (As of Jun. 2026)

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MEX:HMCN Honda Motor Co Ltd MEX:HMCN
60 GF Score
Price MXN527.00
GF Value MXN547.27
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Honda Motor Co Cyclically Adjusted Book per Share?

Honda Motor Co MEX:HMCN 60 Cyclically Adjusted Book per Share is MXN681.46 as of Jun. 2026. GuruFocus rates MEX:HMCN with a GF Score™ of 60/100 and a GF Value™ of MXN547.27 (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 MXN1,033.881. 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 MXN681.46 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 -100.00% 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 (2026-08-10), Honda Motor Co's current stock price is MXN527.00. Honda Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN681.46. Honda Motor Co's Cyclically Adjusted PB Ratio of today is 0.77.

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  (MEX:HMCN) 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
=527.00/681.46
=0.77

* 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 712.51 632.91 569.73 874.91 764.59

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 840.86 832.76 733.70 764.59 681.46

MEX:HMCN 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.


MEX:HMCN
60GF Score
Honda Motor Co Ltd MEX:HMCN
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)
=1033.881/113.6000*113.6000
=1,033.881

Current CPI (Jun. 2026) = 113.6000.

Honda Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 691.921 98.000 802.064
201612 720.273 98.400 831.535
201703 674.979 98.100 781.627
201706 675.653 98.500 779.230
201709 699.332 98.800 804.090
201712 797.071 99.400 910.938
201803 764.306 99.200 875.254
201806 818.595 99.200 937.423
201809 792.767 99.900 901.485
201812 823.821 99.700 938.677
201903 820.071 99.700 934.404
201906 833.100 99.800 948.298
201909 870.223 100.100 987.586
201912 836.959 100.500 946.055
202003 1,010.608 100.300 1,144.617
202006 979.753 99.900 1,114.114
202009 974.495 99.900 1,108.134
202012 921.975 99.300 1,054.747
202103 989.160 99.900 1,124.811
202106 976.339 99.500 1,114.695
202109 1,028.796 100.100 1,167.545
202112 1,028.734 100.100 1,167.474
202203 1,028.032 101.100 1,155.138
202206 983.463 101.800 1,097.460
202209 956.666 103.100 1,054.096
202212 952.067 104.100 1,038.951
202303 906.201 104.400 986.058
202306 881.709 105.200 952.112
202309 893.262 106.200 955.504
202312 879.144 106.800 935.119
202403 873.811 107.200 925.979
202406 968.229 108.200 1,016.551
202409 1,093.491 108.900 1,140.685
202412 1,145.791 110.700 1,175.807
202503 1,167.709 111.100 1,193.985
202506 1,128.933 111.700 1,148.136
202509 1,143.343 112.000 1,159.676
202512 1,109.493 113.000 1,115.384
202603 1,035.001 112.700 1,043.266
202606 1,033.881 113.600 1,033.881

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 MXN681.46 mean?
Honda Motor Co (MEX:HMCN) has a Cyclically Adjusted Book per Share of MXN681.46 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 MXN681.46. Overall, Honda Motor Co has a GF Score™ of 60/100 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 MXN681.46 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 MXN681.46. 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 (MEX:HMCN) is currently considered Fairly Valued. The stock's GF Value™ is MXN547.27, compared to a current price of MXN527.00 — trading 3.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN681.46. Honda Motor Co's overall GF Score™ is 60/100 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 (MEX:HMCN), the current Cyclically Adjusted Book per Share is MXN681.46 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 (MEX:HMCN) Overvalued in 2026?

Based on GuruFocus' analysis, Honda Motor Co stock appears to be undervalued. The current stock price of MXN527.00 is trading 3.7% below its estimated GF Value™ of MXN547.27. GuruFocus considers Honda Motor Co to be Fairly Valued.

Key valuation signals for MEX:HMCN:

  • Cyclically Adjusted Book per Share: MXN681.46
  • GF Value™: MXN547.27 vs. price of MXN527.00 (3.7% below fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the MEX:HMCN 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.
60GF Score

Get the complete analysis for MEX:HMCN

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

MXN527.00
Price
MXN547.27
GF Value