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Honda Motor Co (Honda Motor Co) Cyclically Adjusted PS Ratio : 0.54 (As of May. 22, 2024)


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What is Honda Motor Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Honda Motor Co's current share price is $33.095. Honda Motor Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $61.40. Honda Motor Co's Cyclically Adjusted PS Ratio for today is 0.54.

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

HMC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.49   Max: 0.82
Current: 0.56

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.

HMC's Cyclically Adjusted PS Ratio is ranked better than
53.7% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs HMC: 0.56

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 $22.422. 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 $61.40 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
=33.095/61.4
=0.54

* 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)
=22.422/107.2000*107.2000
=22.422

Current CPI (Mar. 2024) = 107.2000.

Honda Motor Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.433 98.000 19.070
201409 16.176 98.500 17.605
201412 16.266 97.900 17.811
201503 16.091 97.900 17.620
201506 16.615 98.400 18.101
201509 16.723 98.500 18.200
201512 16.501 98.100 18.032
201603 17.972 97.900 19.679
201606 18.285 98.100 19.981
201609 17.787 98.000 19.457
201612 16.747 98.400 18.245
201703 18.493 98.100 20.208
201706 18.575 98.500 20.216
201709 18.914 98.800 20.522
201712 19.569 99.400 21.105
201803 20.742 99.200 22.415
201806 20.613 99.200 22.275
201809 19.457 99.900 20.879
201812 20.127 99.700 21.641
201903 20.700 99.700 22.257
201906 21.016 99.800 22.574
201909 19.706 100.100 21.104
201912 19.581 100.500 20.886
202003 18.504 100.300 19.777
202006 11.434 99.900 12.270
202009 20.028 99.900 21.492
202012 21.045 99.300 22.719
202103 19.308 99.900 20.719
202106 18.851 99.500 20.310
202109 17.900 100.100 19.170
202112 18.879 100.100 20.218
202203 19.097 101.100 20.249
202206 16.711 101.800 17.597
202209 17.392 103.100 18.084
202212 19.427 104.100 20.006
202303 19.576 104.400 20.101
202306 19.740 105.200 20.115
202309 20.563 106.200 20.757
202312 23.073 106.800 23.159
202403 22.422 107.200 22.422

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  (NYSE:HMC) 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.