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Honda Motor Co (Honda Motor Co) Cyclically Adjusted PS Ratio : 0.55 (As of Jun. 05, 2024)


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What is Honda Motor Co Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Honda Motor Co's current share price is $11.40. Honda Motor Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $20.78. Honda Motor Co's Cyclically Adjusted PS Ratio for today is 0.55.

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

HNDAF' 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.

HNDAF's Cyclically Adjusted PS Ratio is ranked better than
54.44% of 1003 companies
in the Vehicles & Parts industry
Industry Median: 0.68 vs HNDAF: 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 Mar. 2024 was $7.474. 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 $20.78 for the trailing ten years ended in Mar. 2024.

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 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.44 0.44 0.41 0.61

Honda Motor Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.41 0.49 0.56 0.48 0.61

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
=11.40/20.78
=0.55

* 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 Mar. 2024 is calculated as:

For example, Honda Motor Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7.474/107.2000*107.2000
=7.474

Current CPI (Mar. 2024) = 107.2000.

Honda Motor Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.811 98.000 6.357
201409 5.392 98.500 5.868
201412 5.422 97.900 5.937
201503 5.364 97.900 5.874
201506 5.538 98.400 6.033
201509 5.574 98.500 6.066
201512 5.500 98.100 6.010
201603 5.991 97.900 6.560
201606 6.095 98.100 6.660
201609 5.929 98.000 6.486
201612 5.582 98.400 6.081
201703 6.164 98.100 6.736
201706 6.192 98.500 6.739
201709 6.305 98.800 6.841
201712 6.523 99.400 7.035
201803 6.914 99.200 7.472
201806 6.871 99.200 7.425
201809 6.486 99.900 6.960
201812 6.709 99.700 7.214
201903 6.900 99.700 7.419
201906 7.005 99.800 7.524
201909 6.569 100.100 7.035
201912 6.527 100.500 6.962
202003 6.168 100.300 6.592
202006 3.811 99.900 4.089
202009 6.676 99.900 7.164
202012 7.015 99.300 7.573
202103 6.436 99.900 6.906
202106 6.284 99.500 6.770
202109 5.967 100.100 6.390
202112 6.293 100.100 6.739
202203 6.366 101.100 6.750
202206 5.570 101.800 5.865
202209 5.797 103.100 6.028
202212 6.476 104.100 6.669
202303 6.525 104.400 6.700
202306 6.580 105.200 6.705
202309 6.854 106.200 6.919
202312 7.691 106.800 7.720
202403 7.474 107.200 7.474

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  (OTCPK:HNDAF) 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 (Honda Motor Co) 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.