Honda Motor Co (BUE:HMC) Cyclically Adjusted PB Ratio: (As of Aug. 06, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUE:HMC Honda Motor Co Ltd BUE:HMC
66 GF Score
Price ARS48,120.00
GF Value ARS57,197.50
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Honda Motor Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Honda Motor Co  (BUE:HMC) 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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.69 0.74 0.72 0.58 0.00

BUE:HMC 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.


BUE:HMC
66GF Score
Honda Motor Co Ltd BUE:HMC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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)
=27101.962/113.6000*113.6000
=27,101.962

Current CPI (Jun. 2026) = 113.6000.

Honda Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 177.932 98.000 206.256
201612 184.607 98.400 213.124
201703 184.222 98.100 213.329
201706 205.432 98.500 236.925
201709 225.089 98.800 258.807
201712 258.324 99.400 295.227
201803 282.554 99.200 323.570
201806 346.332 99.200 396.606
201809 519.880 99.900 591.175
201812 527.327 99.700 600.846
201903 550.857 99.700 627.657
201906 645.917 99.800 735.232
201909 821.735 100.100 932.558
201912 884.201 100.500 999.455
202003 891.728 100.300 1,009.973
202006 968.628 99.900 1,101.463
202009 1,091.643 99.900 1,241.348
202012 1,257.294 99.300 1,438.354
202103 1,453.020 99.900 1,652.283
202106 1,548.755 99.500 1,768.227
202109 1,630.771 100.100 1,850.705
202112 1,688.146 100.100 1,915.818
202203 1,847.921 101.100 2,076.398
202206 1,960.768 101.800 2,188.048
202209 2,202.813 103.100 2,427.154
202212 2,729.003 104.100 2,978.047
202303 3,310.587 104.400 3,602.325
202306 4,114.392 105.200 4,442.918
202309 5,981.951 106.200 6,398.772
202312 6,232.400 106.800 6,629.219
202403 14,786.190 107.200 15,668.948
202406 15,775.909 108.200 16,563.246
202409 17,595.192 108.900 18,354.580
202412 18,496.134 110.700 18,980.676
202503 20,282.350 111.100 20,738.749
202506 23,727.444 111.700 24,131.044
202509 28,213.708 112.000 28,616.761
202512 29,813.078 113.000 29,971.378
202603 26,751.136 112.700 26,964.765
202606 27,101.962 113.600 27,101.962

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.

Is Honda Motor Co (BUE:HMC) Overvalued in 2026?

Based on GuruFocus' analysis, Honda Motor Co stock appears to be undervalued. The current stock price of ARS48,120.00 is trading 15.9% below its estimated GF Value™ of ARS57,197.50. GuruFocus considers Honda Motor Co to be Modestly Undervalued.

Key valuation signals for BUE:HMC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ARS57,197.50 vs. price of ARS48,120.00 (15.9% below fair value)
  • GF Score™: 66/100 with 8 warning signs

No single metric tells the full story. See the BUE:HMC 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.
66GF Score

Get the complete analysis for BUE:HMC

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

ARS48,120.00
Price
ARS57,197.50
GF Value