Honda Motor Co (BSP:HOND34) Cyclically Adjusted PB Ratio: 0.71 (As of Aug. 03, 2026) — 15% Below Median

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BSP:HOND34 Honda Motor Co Ltd BSP:HOND34
76 GF Score
Price R$153.60
GF Value R$191.30
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Honda Motor Co Cyclically Adjusted PB Ratio?

Honda Motor Co BSP:HOND34 -1.54% 76 Cyclically Adjusted PB Ratio is 0.71 as of Aug. 03, 2026, which is 15% below its 10-year median of 0.84. GuruFocus rates BSP:HOND34 with a GF Score™ of 76/100 and a GF Value™ of R$191.30 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,015 Vehicles & Parts companies, Honda Motor Co ranks better than 68.77% on this metric.

As of today (2026-08-03), Honda Motor Co's current share price is R$153.60. 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 for today is 0.71.

The historical rank and industry rank for Honda Motor Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:HOND34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.84   Max: 1.27
Current: 0.75

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

BSP:HOND34's Cyclically Adjusted PB Ratio is ranked better than
68.77% of 1015 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs BSP:HOND34: 0.75

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Honda Motor Co  (BSP:HOND34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Honda Motor Co Cyclically Adjusted PB Ratio Related Terms


Honda Motor Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Honda Motor Co's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

Honda Motor Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.73 1.07 0.68 0.58

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 PB Ratio 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 0.68 0.69 0.74 0.72 0.58

BSP:HOND34 vs TSLA, GM, F: Cyclically Adjusted PB Ratio 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
76GF Score
Honda Motor Co Ltd BSP:HOND34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honda Motor Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=153.60/215.25
=0.71

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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.

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.

What does a Cyclically Adjusted PB Ratio of 0.71 mean?
Honda Motor Co (BSP:HOND34) has a Cyclically Adjusted PB Ratio of 0.71 as of Aug. 03, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Honda Motor Co and its competitors. This is 15% below median its historical median of 0.84. Over the past decade, Honda Motor Co's Cyclically Adjusted PB Ratio has ranged from 0.58 to 1.27. According to the industry distribution chart, Honda Motor Co ranks #317 out of 1015 companies in the Vehicles & Parts industry, placing it in the top 31.2%.
Is Honda Motor Co's Cyclically Adjusted PB Ratio too high?
Honda Motor Co's current Cyclically Adjusted PB Ratio of 0.71 is 15% below median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.27. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.25. Honda Motor Co's value of 0.71 is 43.2% below this industry median. Based on the distribution chart, Honda Motor Co ranks #317 out of 1015 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Honda Motor Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honda Motor Co's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Honda Motor Co ranks #317 out of 1015 companies for Cyclically Adjusted PB Ratio. This puts Honda Motor Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Honda Motor Co's value of 0.71 is 43.2% below this benchmark. Historically, Honda Motor Co's own Cyclically Adjusted PB Ratio has ranged from 0.58 to 1.27 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.25, Honda Motor Co has consistently been below 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 Cyclically Adjusted PB Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.25, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Honda Motor Co's current Cyclically Adjusted PB Ratio of 0.71 is 43.2% below 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Honda Motor Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honda Motor Co's current Cyclically Adjusted PB Ratio is 0.71, which is 15% below median its own 10-year median of 0.84. 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$191.30, compared to a current price of R$153.60 — trading 19.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.71, which is 15% below median its 10-year median of 0.84 and 43.2% below the Vehicles & Parts industry median of 1.25. Honda Motor Co's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Honda Motor Co (BSP:HOND34), the current Cyclically Adjusted PB Ratio is 0.71 as of Aug. 03, 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$153.60 is trading 19.7% below its estimated GF Value™ of R$191.30. GuruFocus considers Honda Motor Co to be Modestly Undervalued.

Key valuation signals for BSP:HOND34:

  • Cyclically Adjusted PB Ratio: 0.71 (15% below median its 10-year median of 0.84)
  • GF Value™: R$191.30 vs. price of R$153.60 (19.7% below fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 43.2% below the Vehicles & Parts median (#317 of 1015)

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.
76GF Score

Get the complete analysis for BSP:HOND34

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

R$153.60
Price
R$191.30
GF Value