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Honda Motor Co (BSP:HOND34) Cyclically Adjusted PS Ratio : 0.56 (As of Apr. 29, 2024)


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What is Honda Motor Co Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Honda Motor Co's current share price is R$173.74. Honda Motor Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$309.87. Honda Motor Co's Cyclically Adjusted PS Ratio for today is 0.56.

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

BSP:HOND34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.49   Max: 0.82
Current: 0.57

During the past years, Honda Motor Co's highest Cyclically Adjusted PS Ratio was 0.82. The lowest was 0.29. And the median was 0.49.

BSP:HOND34's Cyclically Adjusted PS Ratio is ranked better than
53.39% of 989 companies
in the Vehicles & Parts industry
Industry Median: 0.64 vs BSP:HOND34: 0.57

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Honda Motor Co's adjusted revenue per share data for the three months ended in Dec. 2023 was R$37.684. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$309.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Honda Motor Co Cyclically Adjusted PS Ratio Historical Data

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

Honda Motor Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.33 0.44 0.44 0.41

Honda Motor Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS 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 0.36 0.41 0.49 0.56 0.48

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

For the Auto Manufacturers subindustry, Honda Motor Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Honda Motor Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Honda Motor Co's Cyclically Adjusted PS Ratio falls into.



Honda Motor Co Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=173.74/309.87
=0.56

* 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 Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Honda Motor Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=37.684/106.8000*106.8000
=37.684

Current CPI (Dec. 2023) = 106.8000.

Honda Motor Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 15.803 95.700 17.636
201406 12.993 98.000 14.160
201409 12.606 98.500 13.668
201412 14.324 97.900 15.626
201503 16.849 97.900 18.381
201506 17.234 98.400 18.705
201509 21.757 98.500 23.590
201512 21.346 98.100 23.239
201603 22.153 97.900 24.167
201606 20.865 98.100 22.715
201609 19.288 98.000 21.020
201612 18.723 98.400 20.321
201703 19.279 98.100 20.989
201706 20.404 98.500 22.123
201709 19.750 98.800 21.349
201712 21.494 99.400 23.094
201803 22.671 99.200 24.408
201806 25.910 99.200 27.895
201809 26.647 99.900 28.487
201812 26.054 99.700 27.909
201903 26.501 99.700 28.388
201906 27.010 99.800 28.904
201909 27.060 100.100 28.871
201912 26.790 100.500 28.469
202003 30.138 100.300 32.091
202006 19.774 99.900 21.140
202009 36.050 99.900 38.540
202012 36.089 99.300 38.815
202103 36.267 99.900 38.772
202106 31.597 99.500 33.915
202109 31.499 100.100 33.607
202112 35.587 100.100 37.969
202203 31.678 101.100 33.464
202206 28.118 101.800 29.499
202209 30.400 103.100 31.491
202212 33.967 104.100 34.848
202303 33.988 104.400 34.769
202306 31.938 105.200 32.424
202309 33.852 106.200 34.043
202312 37.684 106.800 37.684

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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  (BSP:HOND34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Honda Motor Co Cyclically Adjusted PS Ratio Related Terms

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


Honda Motor Co (BSP:HOND34) Business Description

Address
Number 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 22.4 million cars and motorcycles in fiscal 2023 (3.7 million of which were autos), and consolidated sales were JPY 16.9 trillion. Automobiles constitute 63% of revenue and motorcycles 17%, with the rest split between power products and financial services. Honda also makes robots and private jets.

Honda Motor Co (BSP:HOND34) Headlines

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