Honda Motor Co (FRA:HDM) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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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
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.

FRA:HDM Honda Motor Co Ltd FRA:HDM
81 GF Score
Price €9.32
GF Value €9.87
Valuation Fairly Valued
! 7 Warning Signs
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What is Honda Motor Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Honda Motor Co  (FRA:HDM) 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


Honda Motor Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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.

Honda Motor Co Cyclically Adjusted PS Ratio Chart

Honda Motor Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.36 0.48 0.33 0.26

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 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 0.32 0.34 0.31 0.26 0.30

FRA:HDM vs TSLA, GM, F: Cyclically Adjusted PS Ratio Comparison

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 Cyclically Adjusted PS Ratio vs 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.


FRA:HDM
81GF Score
Honda Motor Co Ltd FRA:HDM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Honda Motor Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.404/113.6000*113.6000
=8.404

Current CPI (Jun. 2026) = 113.6000.

Honda Motor Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.283 98.000 6.124
201612 5.490 98.400 6.338
201703 5.751 98.100 6.660
201706 5.615 98.500 6.476
201709 5.361 98.800 6.164
201712 5.543 99.400 6.335
201803 5.513 99.200 6.313
201806 5.817 99.200 6.661
201809 5.609 99.900 6.378
201812 5.850 99.700 6.666
201903 6.133 99.700 6.988
201906 6.128 99.800 6.975
201909 5.919 100.100 6.717
201912 5.917 100.500 6.688
202003 5.528 100.300 6.261
202006 3.462 99.900 3.937
202009 5.684 99.900 6.463
202012 5.845 99.300 6.687
202103 5.474 99.900 6.225
202106 5.248 99.500 5.992
202109 5.064 100.100 5.747
202112 5.511 100.100 6.254
202203 5.788 101.100 6.504
202206 5.403 101.800 6.029
202209 5.963 103.100 6.570
202212 6.059 104.100 6.612
202303 6.140 104.400 6.681
202306 6.220 105.200 6.717
202309 6.444 106.200 6.893
202312 6.963 106.800 7.406
202403 6.955 107.200 7.370
202406 6.682 108.200 7.015
202409 7.025 108.900 7.328
202412 7.279 110.700 7.470
202503 7.688 111.100 7.861
202506 7.755 111.700 7.887
202509 7.868 112.000 7.980
202512 7.654 113.000 7.695
202603 8.147 112.700 8.212
202606 8.404 113.600 8.404

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.

Is Honda Motor Co (FRA:HDM) Overvalued in 2026?

Based on GuruFocus' analysis, Honda Motor Co stock appears to be undervalued. The current stock price of €9.32 is trading 5.6% below its estimated GF Value™ of €9.87. GuruFocus considers Honda Motor Co to be Fairly Valued.

Key valuation signals for FRA:HDM:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €9.87 vs. price of €9.32 (5.6% below fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the FRA:HDM 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.
81GF Score

Get the complete analysis for FRA:HDM

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

€9.32
Price
€9.87
GF Value