HNDAF (Honda Motor Co) E10: $0.85 (As of Mar. 2026)


HNDAF Honda Motor Co Ltd HNDAF
79 GF Score
Price $8.79
GF Value $11.92
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Honda Motor Co E10?

Honda Motor Co HNDAF 79 E10 is $0.85 as of Mar. 2026. GuruFocus rates HNDAF with a GF Score™ of 79/100 and a GF Value™ of $11.92 (Modestly Undervalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Honda Motor Co's adjusted earnings per share data for the three months ended in Mar. 2026 was $-1.396. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.85 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Honda Motor Co's average E10 Growth Rate was -10.50% per year. During the past 3 years, the average E10 Growth Rate was 2.80% per year. During the past 5 years, the average E10 Growth Rate was 6.60% per year. During the past 10 years, the average E10 Growth Rate was 5.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Honda Motor Co was 21.50% per year. The lowest was -1.80% per year. And the median was 7.20% per year.

As of today (2026-06-27), Honda Motor Co's current stock price is $8.785. Honda Motor Co's E10 for the quarter that ended in Mar. 2026 was $0.85. Honda Motor Co's Shiller PE Ratio of today is 10.34.

During the past 13 years, the highest Shiller PE Ratio of Honda Motor Co was 14.63. The lowest was 7.03. And the median was 10.58.


Honda Motor Co  (OTCPK:HNDAF) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Honda Motor Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.785/0.85
=10.34

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Honda Motor Co was 14.63. The lowest was 7.03. And the median was 10.58.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Honda Motor Co E10 Related Terms


Honda Motor Co E10 Historical Data

* Premium members only.

The historical data trend for Honda Motor Co's E10 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 E10 Chart

Honda Motor Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.90 0.91 0.99 0.85

Honda Motor Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.99 1.10 1.10 1.01 0.85

HNDAF vs TSLA, GM, F: E10 Comparison

For the Auto Manufacturers subindustry, Honda Motor Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where Honda Motor Co's Shiller PE Ratio falls into.


HNDAF
79GF Score
Honda Motor Co Ltd HNDAF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honda Motor Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Honda Motor Co's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-1.396/112.7000*112.7000
=-1.396

Current CPI (Mar. 2026) = 112.7000.

Honda Motor Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.307 98.100 0.353
201609 0.322 98.000 0.370
201612 0.269 98.400 0.308
201703 0.157 98.100 0.180
201706 0.346 98.500 0.396
201709 0.291 98.800 0.332
201712 0.940 99.400 1.066
201803 0.190 99.200 0.216
201806 0.417 99.200 0.474
201809 0.356 99.900 0.402
201812 0.284 99.700 0.321
201903 -0.022 99.700 -0.025
201906 0.302 99.800 0.341
201909 0.346 100.100 0.390
201912 0.203 100.500 0.228
202003 -0.053 100.300 -0.060
202006 -0.145 99.900 -0.164
202009 0.440 99.900 0.496
202012 0.528 99.300 0.599
202103 0.379 99.900 0.428
202106 0.390 99.500 0.442
202109 0.292 100.100 0.329
202112 0.329 100.100 0.370
202203 0.205 101.100 0.229
202206 0.217 101.800 0.240
202209 0.258 103.100 0.282
202212 0.357 104.100 0.386
202303 0.104 104.400 0.112
202306 0.517 105.200 0.554
202309 0.348 106.200 0.369
202312 0.361 106.800 0.381
202403 0.328 107.200 0.345
202406 0.518 108.200 0.540
202409 0.150 108.900 0.155
202412 0.432 110.700 0.440
202503 0.062 111.100 0.063
202506 0.324 111.700 0.327
202509 0.200 112.000 0.201
202512 0.252 113.000 0.251
202603 -1.396 112.700 -1.396

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.85 mean?
Honda Motor Co (HNDAF) has a E10 of $0.85 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Honda Motor Co and its competitors.
Is Honda Motor Co's E10 too high?
Honda Motor Co's current E10 is $0.85. Overall, Honda Motor Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honda Motor Co's E10 compare to TSLA and GM?
Honda Motor Co's E10 of $0.85 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Honda Motor Co and its competitors. Honda Motor Co's current E10 is $0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honda Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Honda Motor Co (HNDAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.92, compared to a current price of $8.79 — trading 26.3% below its estimated fair value. The current E10 is $0.85. Honda Motor Co's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Honda Motor Co (HNDAF), the current E10 is $0.85 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Honda Motor Co (HNDAF) Overvalued in 2026?

Based on GuruFocus' analysis, Honda Motor Co stock appears to be undervalued. The current stock price of $8.79 is trading 26.3% below its estimated GF Value™ of $11.92. GuruFocus considers Honda Motor Co to be Modestly Undervalued.

Key valuation signals for HNDAF:

  • E10: $0.85
  • GF Value™: $11.92 vs. price of $8.79 (26.3% below fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the HNDAF 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.
79GF Score

Get the complete analysis for HNDAF

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.79
Price
$11.92
GF Value