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Honda Motor Co (STU:HDMA) Cyclically Adjusted PB Ratio : 0.94 (As of Oct. 09, 2024)


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What is Honda Motor Co Cyclically Adjusted PB Ratio?

As of today (2024-10-09), Honda Motor Co's current share price is €29.60. Honda Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €31.62. Honda Motor Co's Cyclically Adjusted PB Ratio for today is 0.94.

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

STU:HDMA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.92   Max: 1.63
Current: 0.88

During the past years, Honda Motor Co's highest Cyclically Adjusted PB Ratio was 1.63. The lowest was 0.58. And the median was 0.92.

STU:HDMA's Cyclically Adjusted PB Ratio is ranked better than
66.67% of 801 companies
in the Vehicles & Parts industry
Industry Median: 1.4 vs STU:HDMA: 0.88

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Honda Motor Co's adjusted book value per share data for the three months ended in Jun. 2024 was €49.098. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €31.62 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Honda Motor Co Cyclically Adjusted PB Ratio Historical Data

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

Honda Motor Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.85 0.82 0.73 1.07

Honda Motor Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted PB 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 0.88 1.00 0.85 1.07 0.94

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

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

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

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



Honda Motor Co Cyclically Adjusted PB Ratio Calculation

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

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.60/31.62
=0.94

* 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 Book per Share for the quarter that ended in Jun. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=49.098/108.2000*108.2000
=49.098

Current CPI (Jun. 2024) = 108.2000.

Honda Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 25.301 98.500 27.793
201412 25.579 97.900 28.270
201503 30.271 97.900 33.456
201506 29.350 98.400 32.273
201509 29.375 98.500 32.268
201512 30.307 98.100 33.427
201603 29.832 97.900 32.971
201606 30.454 98.100 33.589
201609 31.884 98.000 35.203
201612 33.119 98.400 36.417
201703 33.518 98.100 36.969
201706 33.267 98.500 36.543
201709 32.331 98.800 35.407
201712 34.294 99.400 37.330
201803 34.119 99.200 37.214
201806 35.661 99.200 38.896
201809 36.322 99.900 39.340
201812 36.880 99.700 40.024
201903 37.414 99.700 40.604
201906 38.383 99.800 41.614
201909 40.025 100.100 43.264
201912 39.940 100.500 43.000
202003 39.005 100.300 42.077
202006 37.692 99.900 40.824
202009 37.452 99.900 40.564
202012 38.099 99.300 41.514
202103 40.648 99.900 44.025
202106 40.709 99.500 44.268
202109 42.529 100.100 45.970
202112 44.381 100.100 47.972
202203 46.881 101.100 50.173
202206 46.245 101.800 49.152
202209 48.035 103.100 50.411
202212 46.099 104.100 47.915
202303 46.957 104.400 48.666
202306 47.470 105.200 48.824
202309 48.050 106.200 48.955
202312 47.494 106.800 48.117
202403 48.439 107.200 48.891
202406 49.098 108.200 49.098

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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  (STU:HDMA) Cyclically Adjusted PB Ratio Explanation

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


Honda Motor Co Cyclically Adjusted PB Ratio Related Terms

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


Honda Motor Co Business Description

Address
No. 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 22.9 million light vehicles and motorcycles in fiscal 2024 (4.1 million of which were autos), and consolidated sales were JPY 20.4 trillion. Automobiles constitute 66% of revenue and motorcycles 16%, with the rest split between power products and financial services. Honda also makes robots and private jets.

Honda Motor Co Headlines

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