Honda Atlas Cars Pakistan (KAR:HCAR) E10: ₨25.99 (As of Mar. 2026)


KAR:HCAR Honda Atlas Cars Pakistan Ltd KAR:HCAR
57 GF Score
Price ₨240.45
GF Value ₨461.77
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Honda Atlas Cars Pakistan E10?

Honda Atlas Cars Pakistan KAR:HCAR 57 E10 is ₨25.99 as of Mar. 2026. GuruFocus rates KAR:HCAR with a GF Score™ of 57/100 and a GF Value™ of ₨461.77 (Significantly Undervalued). The stock has 2 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 Atlas Cars Pakistan's adjusted earnings per share data for the three months ended in Mar. 2026 was ₨7.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₨25.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Honda Atlas Cars Pakistan's average E10 Growth Rate was -1.10% per year. During the past 3 years, the average E10 Growth Rate was 1.00% 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 Atlas Cars Pakistan was 1.90% per year. The lowest was 1.00% per year. And the median was 1.45% per year.

As of today (2026-06-28), Honda Atlas Cars Pakistan's current stock price is ₨240.45. Honda Atlas Cars Pakistan's E10 for the quarter that ended in Mar. 2026 was ₨25.99. Honda Atlas Cars Pakistan's Shiller PE Ratio of today is 9.25.

During the past 13 years, the highest Shiller PE Ratio of Honda Atlas Cars Pakistan was 12.72. The lowest was 3.27. And the median was 8.75.


Honda Atlas Cars Pakistan  (KAR:HCAR) 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 Atlas Cars Pakistan's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=240.45/25.99
=9.25

* 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 Atlas Cars Pakistan was 12.72. The lowest was 3.27. And the median was 8.75.


Be Aware

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


Honda Atlas Cars Pakistan E10 Related Terms


Honda Atlas Cars Pakistan E10 Historical Data

* Premium members only.

The historical data trend for Honda Atlas Cars Pakistan'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 Atlas Cars Pakistan E10 Chart

Honda Atlas Cars Pakistan 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 24.86 25.21 26.74 26.29 25.99

Honda Atlas Cars Pakistan 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 26.29 26.07 26.08 25.89 25.99

KAR:HCAR vs TSLA, GM, F: E10 Comparison

For the Auto Manufacturers subindustry, Honda Atlas Cars Pakistan'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 Atlas Cars Pakistan Shiller PE Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where Honda Atlas Cars Pakistan's Shiller PE Ratio falls into.


KAR:HCAR
57GF Score
Honda Atlas Cars Pakistan Ltd KAR:HCAR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Honda Atlas Cars Pakistan 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 Atlas Cars Pakistan'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)
=7.05/330.2130*330.2130
=7.050

Current CPI (Mar. 2026) = 330.2130.

Honda Atlas Cars Pakistan Quarterly Data

per share eps CPI Adj_EPS
201606 7.360 241.018 10.084
201609 10.320 241.428 14.115
201612 10.450 241.432 14.293
201703 14.840 243.801 20.100
201706 14.610 244.955 19.695
201709 11.330 246.819 15.158
201712 9.920 246.524 13.288
201803 9.620 249.554 12.729
201806 7.360 251.989 9.645
201809 7.220 252.439 9.444
201812 4.210 251.233 5.533
201903 8.190 254.202 10.639
201906 1.690 256.143 2.179
201909 3.570 256.759 4.591
201912 -0.290 256.974 -0.373
202003 -0.200 258.115 -0.256
202006 -3.580 257.797 -4.586
202009 4.600 260.280 5.836
202012 5.260 260.474 6.668
202103 6.270 264.877 7.817
202106 6.500 271.696 7.900
202109 6.580 274.310 7.921
202112 3.120 278.802 3.695
202203 1.380 287.504 1.585
202206 4.610 296.311 5.137
202209 -2.700 296.808 -3.004
202212 5.680 296.797 6.320
202303 -5.770 301.836 -6.312
202306 1.020 305.109 1.104
202309 4.730 307.789 5.075
202312 1.000 306.746 1.077
202403 9.590 312.332 10.139
202406 1.420 314.175 1.492
202409 1.800 315.301 1.885
202412 3.970 315.605 4.154
202503 11.780 319.799 12.164
202506 5.800 322.561 5.938
202509 5.200 324.800 5.287
202512 4.590 324.054 4.677
202603 7.050 330.213 7.050

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 ₨25.99 mean?
Honda Atlas Cars Pakistan (KAR:HCAR) has a E10 of ₨25.99 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Honda Atlas Cars Pakistan and its competitors.
Is Honda Atlas Cars Pakistan's E10 too high?
Honda Atlas Cars Pakistan's current E10 is ₨25.99. Overall, Honda Atlas Cars Pakistan has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honda Atlas Cars Pakistan's E10 compare to TSLA and GM?
Honda Atlas Cars Pakistan's E10 of ₨25.99 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 Atlas Cars Pakistan and its competitors. Honda Atlas Cars Pakistan's current E10 is ₨25.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honda Atlas Cars Pakistan stock overvalued right now?
Based on GuruFocus' analysis, Honda Atlas Cars Pakistan (KAR:HCAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₨461.77, compared to a current price of ₨240.45 — trading 47.9% below its estimated fair value. The current E10 is ₨25.99. Honda Atlas Cars Pakistan's overall GF Score™ is 57/100 with 2 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 Atlas Cars Pakistan (KAR:HCAR), the current E10 is ₨25.99 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 Atlas Cars Pakistan (KAR:HCAR) Overvalued in 2026?

Based on GuruFocus' analysis, Honda Atlas Cars Pakistan stock appears to be undervalued. The current stock price of ₨240.45 is trading 47.9% below its estimated GF Value™ of ₨461.77. GuruFocus considers Honda Atlas Cars Pakistan to be Significantly Undervalued.

Key valuation signals for KAR:HCAR:

  • E10: ₨25.99
  • GF Value™: ₨461.77 vs. price of ₨240.45 (47.9% below fair value)
  • GF Score™: 57/100 with 2 warning signs

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


Honda Atlas Cars Pakistan Business Description

Address 1-Mcleod Road, Lahore, PB, PAK
Honda Atlas Cars Pakistan Ltd is engaged in assembling and progressive manufacturing and sale of Honda vehicles and spare parts. Its segments include the Manufacturing and Trading segment. The manufacturing segment relates to the sale of locally manufactured cars and parts, and the Trading segment relates to the trading of completely built units (CBUs) and parts. It offers car models, such as the Honda Accord, Honda CR-V, Honda CR-Z, Honda HR-V, and Honda City in various colors with technology features. Honda derives the majority of its revenue from the Manufacturing segment. Geographically, it operates in Pakistan, Thailand, and Japan.
57GF Score

Get the complete analysis for KAR:HCAR

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

₨240.45
Price
₨461.77
GF Value