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Ferrari NV (Ferrari NV) Shiller PE Ratio : 96.23 (As of Apr. 27, 2024)


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What is Ferrari NV Shiller PE Ratio?

As of today (2024-04-27), Ferrari NV's current share price is $422.46. Ferrari NV's E10 for the quarter that ended in Dec. 2023 was $4.39. Ferrari NV's Shiller PE Ratio for today is 96.23.

The historical rank and industry rank for Ferrari NV's Shiller PE Ratio or its related term are showing as below:

RACE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 71.65   Med: 78.92   Max: 102.02
Current: 99.87

During the past years, Ferrari NV's highest Shiller PE Ratio was 102.02. The lowest was 71.65. And the median was 78.92.

RACE's Shiller PE Ratio is ranked worse than
92.26% of 814 companies
in the Vehicles & Parts industry
Industry Median: 17.71 vs RACE: 99.87

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

Ferrari NV's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.767. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferrari NV Shiller PE Ratio Historical Data

The historical data trend for Ferrari NV's Shiller PE 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.

Ferrari NV Shiller PE Ratio Chart

Ferrari NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 77.15

Ferrari NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE 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 - - 78.61 71.40 77.15

Competitive Comparison of Ferrari NV's Shiller PE Ratio

For the Auto Manufacturers subindustry, Ferrari NV'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.


Ferrari NV's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Ferrari NV's Shiller PE Ratio falls into.



Ferrari NV Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

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

Ferrari NV's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=422.46/4.39
=96.23

* 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.

Ferrari NV's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Ferrari NV's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.767/119.5000*119.5000
=1.767

Current CPI (Dec. 2023) = 119.5000.

Ferrari NV Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.393 99.907 0.470
201406 0.516 100.093 0.616
201409 0.386 99.814 0.462
201412 0.515 99.721 0.617
201503 0.369 99.814 0.442
201506 0.447 100.279 0.533
201509 0.558 100.000 0.667
201512 0.246 99.814 0.295
201603 0.457 99.600 0.548
201606 0.584 99.900 0.699
201609 0.662 100.100 0.790
201612 0.622 100.300 0.741
201703 0.695 101.000 0.822
201706 0.809 101.100 0.956
201709 0.882 101.200 1.041
201712 0.840 101.200 0.992
201803 0.962 101.800 1.129
201806 0.993 102.400 1.159
201809 1.762 102.600 2.052
201812 1.138 102.300 1.329
201903 1.073 102.800 1.247
201906 1.085 103.100 1.258
201909 0.991 102.900 1.151
201912 1.000 102.800 1.162
202003 0.994 102.900 1.154
202006 0.045 102.900 0.052
202009 1.084 102.300 1.266
202012 1.727 102.600 2.011
202103 1.321 103.700 1.522
202106 1.337 104.200 1.533
202109 1.306 104.900 1.488
202112 1.311 106.600 1.470
202203 1.421 110.400 1.538
202206 1.438 112.500 1.527
202209 1.218 114.200 1.275
202212 1.282 119.000 1.287
202303 1.734 118.800 1.744
202306 1.983 119.700 1.980
202309 1.942 120.300 1.929
202312 1.767 119.500 1.767

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


Ferrari NV  (NYSE:RACE) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Ferrari NV Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Ferrari NV's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ferrari NV (Ferrari NV) Business Description

Address
Via Abetone Inferiore n. 4, Maranello, ITA, I-41053
Ferrari engineers and manufactures some of the world's most expensive exotic sports cars. The Ferrari brand is synonymous with Formula One racing, exclusivity, Italian design, and state-of-the-art technology. Ferrari also has a captive finance company that provides funding for dealers and clients. In 2022, Europe, Middle East, and Africa accounted for 48% of revenue, the Americas was 28%, China was 12%, and the rest of Asia was 12%.