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HMC (Honda Motor Co) Cyclically Adjusted PB Ratio : 0.74 (As of May. 23, 2025)


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What is Honda Motor Co Cyclically Adjusted PB Ratio?

As of today (2025-05-23), Honda Motor Co's current share price is $29.50. Honda Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $39.96. Honda Motor Co's Cyclically Adjusted PB Ratio for today is 0.74.

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

HMC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.89   Max: 1.61
Current: 0.72

During the past years, Honda Motor Co's highest Cyclically Adjusted PB Ratio was 1.61. The lowest was 0.58. And the median was 0.89.

HMC's Cyclically Adjusted PB Ratio is ranked better than
65.52% of 957 companies
in the Vehicles & Parts industry
Industry Median: 1.15 vs HMC: 0.72

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. 2025 was $57.078. 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 $39.96 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Honda Motor Co Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Honda Motor Co Cyclically Adjusted PB Ratio Chart

Honda Motor Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.82 0.73 1.07 0.68

Honda Motor Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.07 0.94 0.81 0.79 0.68

Competitive Comparison of Honda Motor Co's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.50/39.96
=0.74

* 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. 2025 is calculated as:

For example, Honda Motor Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=57.078/111.1000*111.1000
=57.078

Current CPI (Mar. 2025) = 111.1000.

Honda Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 32.941 98.400 37.193
201509 32.969 98.500 37.186
201512 33.014 98.100 37.389
201603 33.220 97.900 37.699
201606 34.218 98.100 38.752
201609 35.785 98.000 40.569
201612 34.936 98.400 39.445
201703 35.848 98.100 40.598
201706 37.378 98.500 42.159
201709 38.535 98.800 43.332
201712 40.585 99.400 45.362
201803 42.070 99.200 47.117
201806 41.660 99.200 46.658
201809 42.383 99.900 47.135
201812 41.957 99.700 46.754
201903 42.276 99.700 47.110
201906 43.371 99.800 48.282
201909 44.080 100.100 48.924
201912 44.377 100.500 49.058
202003 43.100 100.300 47.741
202006 42.446 99.900 47.205
202009 44.113 99.900 49.059
202012 46.349 99.300 51.857
202103 48.391 99.900 53.816
202106 49.047 99.500 54.765
202109 50.034 100.100 55.532
202112 50.148 100.100 55.659
202203 51.631 101.100 56.738
202206 48.885 101.800 53.351
202209 47.560 103.100 51.250
202212 48.834 104.100 52.118
202303 50.275 104.400 53.501
202306 51.430 105.200 54.314
202309 51.281 106.200 53.647
202312 51.793 106.800 53.878
202403 52.651 107.200 54.566
202406 52.851 108.200 54.268
202409 55.535 108.900 56.657
202412 54.939 110.700 55.138
202503 57.078 111.100 57.078

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.


Honda Motor Co  (NYSE: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

Thank you for viewing the detailed overview of Honda Motor Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Honda Motor Co Business Description

Address
No. 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8556
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 4.1 million light vehicles and 18.8 million motorcycles in fiscal 2024, and consolidated sales were JPY 20.4 trillion. Automobiles constitute 66% of revenue and motorcycles 16%, with the rest split between power products and financial services. Honda also makes robots and private jets.