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Ferrari NV (XSWX:RACE) Cyclically Adjusted Book per Share : CHF0.00 (As of Mar. 2024)


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What is Ferrari NV Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Ferrari NV's adjusted book value per share for the three months ended in Mar. 2024 was CHF17.383. 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 CHF0.00 for the trailing ten years ended in Mar. 2024.

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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-11), Ferrari NV's current stock price is CHF246.93. Ferrari NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CHF0.00. Ferrari NV's Cyclically Adjusted PB Ratio of today is .

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Ferrari NV was 42.26. The lowest was 29.26. And the median was 33.41.


Ferrari NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ferrari NV's Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share Chart

Ferrari NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Ferrari NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Ferrari NV's Cyclically Adjusted Book per Share

For the Auto Manufacturers subindustry, Ferrari NV'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.


Ferrari NV's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Ferrari NV's Cyclically Adjusted PB Ratio falls into.



Ferrari NV Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

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

For example, Ferrari NV's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=17.383/120.2000*120.2000
=17.383

Current CPI (Mar. 2024) = 120.2000.

Ferrari NV Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.093 0.000
201409 0.000 99.814 0.000
201412 15.720 99.721 18.948
201503 13.818 99.814 16.640
201506 14.324 100.279 17.170
201509 15.609 100.000 18.762
201512 -0.113 99.814 -0.136
201603 0.396 99.600 0.478
201606 0.471 99.900 0.567
201609 1.019 100.100 1.224
201612 1.424 100.300 1.707
201703 2.696 101.000 3.209
201706 2.937 101.100 3.492
201709 3.921 101.200 4.657
201712 4.814 101.200 5.718
201803 5.541 101.800 6.543
201806 5.666 102.400 6.651
201809 7.343 102.600 8.603
201812 8.099 102.300 9.516
201903 8.875 102.800 10.377
201906 8.222 103.100 9.586
201909 8.140 102.900 9.509
201912 8.728 102.800 10.205
202003 8.777 102.900 10.253
202006 7.773 102.900 9.080
202009 8.851 102.300 10.400
202012 10.443 102.600 12.234
202103 11.632 103.700 13.483
202106 11.322 104.200 13.061
202109 12.119 104.900 13.887
202112 12.487 106.600 14.080
202203 13.024 110.400 14.180
202206 12.665 112.500 13.532
202209 12.690 114.200 13.357
202212 14.063 119.000 14.205
202303 15.257 118.800 15.437
202306 14.611 119.700 14.672
202309 14.956 120.300 14.944
202312 15.865 119.700 15.931
202403 17.383 120.200 17.383

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Ferrari NV  (XSWX:RACE) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Ferrari NV was 42.26. The lowest was 29.26. And the median was 33.41.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Ferrari NV Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Ferrari NV's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ferrari NV (XSWX:RACE) Business Description

Industry
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%.