Honda India Power Products (NSE:HONDAPOWER) Cyclically Adjusted PB Ratio: (As of Aug. 14, 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.

NSE:HONDAPOWER Honda India Power Products Ltd NSE:HONDAPOWER
73 GF Score
Price ₹2,105.30
GF Value ₹2,452.71
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Honda India Power Products Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Honda India Power Products  (NSE:HONDAPOWER) 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 India Power Products Cyclically Adjusted PB Ratio Related Terms


Honda India Power Products Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Honda India Power Products'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 India Power Products Cyclically Adjusted PB Ratio Chart

Honda India Power Products 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 2.27 3.39 3.42 2.89 2.47

Honda India Power Products 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 0.00 3.76 0.00 2.47 0.00

NSE:HONDAPOWER vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Honda India Power Products'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 India Power Products Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Honda India Power Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Honda India Power Products's Cyclically Adjusted PB Ratio falls into.


NSE:HONDAPOWER
73GF Score
Honda India Power Products Ltd NSE:HONDAPOWER
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honda India Power Products 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 India Power Products's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Honda India Power Products'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)
=0/166.1454*166.1454
=0.000

Current CPI (Jun. 2026) = 166.1454.

Honda India Power Products Quarterly Data

Book Value per Share CPI Adj_Book
201609 393.414 105.961 616.867
201612 0.000 105.196 0.000
201703 416.553 105.196 657.899
201706 0.000 107.109 0.000
201709 434.447 109.021 662.084
201712 0.000 109.404 0.000
201803 467.761 109.786 707.887
201806 0.000 111.317 0.000
201809 482.855 115.142 696.741
201812 0.000 115.142 0.000
201903 509.810 118.202 716.591
201906 0.000 120.880 0.000
201909 541.398 123.175 730.268
201912 0.000 126.235 0.000
202003 561.579 124.705 748.195
202006 0.000 127.000 0.000
202009 561.037 130.118 716.379
202012 0.000 130.889 0.000
202103 596.973 131.771 752.705
202106 0.000 134.084 0.000
202109 622.124 135.847 760.878
202112 0.000 138.161 0.000
202203 660.436 138.822 790.426
202206 0.000 142.347 0.000
202209 692.073 144.661 794.856
202212 0.000 145.763 0.000
202303 726.353 146.865 821.711
202306 0.000 150.280 0.000
202309 757.261 151.492 830.509
202312 0.000 152.924 0.000
202403 800.661 153.035 869.256
202406 0.000 155.789 0.000
202409 807.444 157.882 849.704
202412 0.000 158.323 0.000
202503 851.356 157.552 897.793
202506 0.000 159.755 0.000
202509 749.916 162.289 767.735
202512 0.000 163.281 0.000
202603 792.044 164.272 801.075
202606 0.000 166.145 0.000

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 India Power Products (NSE:HONDAPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Honda India Power Products stock appears to be undervalued. The current stock price of ₹2,105.30 is trading 14.2% below its estimated GF Value™ of ₹2,452.71. GuruFocus considers Honda India Power Products to be Modestly Undervalued.

Key valuation signals for NSE:HONDAPOWER:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹2,452.71 vs. price of ₹2,105.30 (14.2% below fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the NSE:HONDAPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honda India Power Products Business Description

Other Exchanges 522064:India
Address Plot No. 5, Sector-41 Kasna, Greater Noida Industrial Development Area, District Gautam Budh Nagar, Greater Noida, UP, IND, 201310
Honda India Power Products Ltd is engaged in manufacturing and marketing the portable gensets, water pumps, general purpose engines, lawn mowers, brush cutters, tillers, and marine engines. The geographical spread of the company business is present across Indian as well as international markets and generating revenues from the sale of its products.
73GF Score

Get the complete analysis for NSE:HONDAPOWER

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

₹2,105.30
Price
₹2,452.71
GF Value