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Ferrari NV (XSWX:RACE) Cyclically Adjusted PS Ratio : (As of Jun. 11, 2024)


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What is Ferrari NV Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferrari NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ferrari NV'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.

Ferrari NV Cyclically Adjusted PS Ratio Chart

Ferrari NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 13.19

Ferrari NV 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 - 13.27 12.17 13.19 17.04

Competitive Comparison of Ferrari NV's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Ferrari NV'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.


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

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

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



Ferrari NV 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.

Ferrari NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ferrari NV'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)
=8.412/120.2000*120.2000
=8.412

Current CPI (Mar. 2024) = 120.2000.

Ferrari NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.694 100.093 5.637
201409 4.234 99.814 5.099
201412 4.782 99.721 5.764
201503 3.485 99.814 4.197
201506 4.240 100.279 5.082
201509 4.178 100.000 5.022
201512 3.357 99.814 4.043
201603 3.906 99.600 4.714
201606 4.674 99.900 5.624
201609 4.530 100.100 5.440
201612 4.753 100.300 5.696
201703 4.632 101.000 5.513
201706 5.276 101.100 6.273
201709 5.054 101.200 6.003
201712 5.170 101.200 6.141
201803 5.122 101.800 6.048
201806 5.529 102.400 6.490
201809 4.999 102.600 5.857
201812 5.046 102.300 5.929
201903 5.639 102.800 6.593
201906 5.834 103.100 6.802
201909 5.331 102.900 6.227
201912 5.440 102.800 6.361
202003 5.325 102.900 6.220
202006 3.299 102.900 3.854
202009 5.163 102.300 6.066
202012 6.236 102.600 7.306
202103 6.048 103.700 7.010
202106 6.115 104.200 7.054
202109 6.194 104.900 7.097
202112 6.622 106.600 7.467
202203 6.605 110.400 7.191
202206 7.228 112.500 7.723
202209 6.583 114.200 6.929
202212 7.405 119.000 7.480
202303 7.782 118.800 7.874
202306 7.901 119.700 7.934
202309 8.147 120.300 8.140
202312 7.896 119.700 7.929
202403 8.412 120.200 8.412

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.


Ferrari NV  (XSWX:RACE) 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.


Ferrari NV Cyclically Adjusted PS Ratio Related Terms

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Ferrari NV (XSWX:RACE) 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%.