Ferrari NV (MEX:RACEN) Cyclically Adjusted Revenue per Share: MXN595.97 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:RACEN Ferrari NV MEX:RACEN
89 GF Score
Price MXN6,539.00
GF Value MXN8,631.00
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ferrari NV Cyclically Adjusted Revenue per Share?

Ferrari NV MEX:RACEN -0.76% 89 Cyclically Adjusted Revenue per Share is MXN595.97 as of Mar. 2026. GuruFocus rates MEX:RACEN with a GF Score™ of 89/100 and a GF Value™ of MXN8,631.00 (Modestly Undervalued). The stock has 2 warning signs investors should review.

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 Revenue per Share and 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.

Ferrari NV's adjusted revenue per share for the three months ended in Mar. 2026 was MXN217.273. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN595.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ferrari NV's average Cyclically Adjusted Revenue Growth Rate was 10.40% per year. 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2026-07-14), Ferrari NV's current stock price is MXN6539.00. Ferrari NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN595.97. Ferrari NV's Cyclically Adjusted PS Ratio of today is 10.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ferrari NV was 19.08. The lowest was 9.68. And the median was 15.37.


Ferrari NV  (MEX:RACEN) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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.

Ferrari NV's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6539.00/595.97
=10.97

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ferrari NV was 19.08. The lowest was 9.68. And the median was 15.37.


Be Aware

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


Ferrari NV Cyclically Adjusted Revenue per Share Related Terms


Ferrari NV Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ferrari NV's Cyclically Adjusted Revenue 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.

Ferrari NV Cyclically Adjusted Revenue per Share Chart

Ferrari NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 433.13 522.68 588.90

Ferrari NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 586.18 593.13 594.07 588.90 595.97

MEX:RACEN vs TSLA, GM, F: Cyclically Adjusted Revenue per Share Comparison

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 Cyclically Adjusted PS Ratio vs 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.


MEX:RACEN
89GF Score
Ferrari NV MEX:RACEN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ferrari NV Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

For example, Ferrari NV's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=217.273/124.5600*124.5600
=217.273

Current CPI (Mar. 2026) = 124.5600.

Ferrari NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 89.157 99.900 111.165
201609 89.996 100.100 111.987
201612 96.136 100.300 119.389
201703 87.086 101.000 107.400
201706 98.516 101.100 121.376
201709 95.285 101.200 117.280
201712 102.876 101.200 126.623
201803 98.158 101.800 120.104
201806 109.734 102.400 133.481
201809 96.573 102.600 117.243
201812 99.888 102.300 121.623
201903 109.322 102.800 132.463
201906 113.433 103.100 137.044
201909 106.251 102.900 128.616
201912 104.423 102.800 126.527
202003 130.148 102.900 157.544
202006 80.053 102.900 96.904
202009 124.660 102.300 151.785
202012 139.620 102.600 169.504
202103 132.959 103.700 159.705
202106 134.093 104.200 160.294
202109 138.005 104.900 163.869
202112 147.339 106.600 172.163
202203 141.510 110.400 159.660
202206 149.838 112.500 165.901
202209 136.023 114.200 148.363
202212 154.918 119.000 162.156
202303 151.470 118.800 158.814
202306 150.595 119.700 156.709
202309 158.308 120.300 163.914
202312 155.847 119.700 162.175
202403 158.346 120.200 164.090
202406 187.353 120.700 193.345
202409 199.829 121.200 205.369
202412 211.242 121.200 217.098
202503 221.398 122.500 225.121
202506 217.576 122.700 220.874
202509 213.216 123.100 215.745
202512 213.767 122.600 217.184
202603 217.273 124.560 217.273

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of MXN595.97 mean?
Ferrari NV (MEX:RACEN) has a Cyclically Adjusted Revenue per Share of MXN595.97 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ferrari NV and its competitors.
Is Ferrari NV's Cyclically Adjusted Revenue per Share too high?
Ferrari NV's current Cyclically Adjusted Revenue per Share is MXN595.97. Overall, Ferrari NV has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ferrari NV's Cyclically Adjusted Revenue per Share compare to TSLA and GM?
Ferrari NV's Cyclically Adjusted Revenue per Share of MXN595.97 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Vehicles & Parts company?
A good Cyclically Adjusted Revenue per Share depends on the Vehicles & Parts industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ferrari NV and its competitors. Ferrari NV's current Cyclically Adjusted Revenue per Share is MXN595.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrari NV stock overvalued right now?
Based on GuruFocus' analysis, Ferrari NV (MEX:RACEN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN8,631.00, compared to a current price of MXN6,539.00 — trading 24.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN595.97. Ferrari NV's overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Ferrari NV (MEX:RACEN), the current Cyclically Adjusted Revenue per Share is MXN595.97 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ferrari NV (MEX:RACEN) Overvalued in 2026?

Based on GuruFocus' analysis, Ferrari NV stock appears to be undervalued. The current stock price of MXN6,539.00 is trading 24.2% below its estimated GF Value™ of MXN8,631.00. GuruFocus considers Ferrari NV to be Modestly Undervalued.

Key valuation signals for MEX:RACEN:

  • Cyclically Adjusted Revenue per Share: MXN595.97
  • GF Value™: MXN8,631.00 vs. price of MXN6,539.00 (24.2% below fair value)
  • GF Score™: 89/100 with 2 warning signs

No single metric tells the full story. See the MEX:RACEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ferrari NV Business Description

Address Via Abetone Inferiore n. 4, Maranello, ITA, I-41053
Ferrari designs, engineers, and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2025, the company sold 13,640 vehicles at an average price over EUR 520,000 with more than 80% of its vehicles being sold to existing Ferrari clients. Eighty-four percent of revenue is generated from the sale of cars and spare parts and 10% from sponsorship, commercial, and brand activities including racing and lifestyle activities. In 2025, the Europe, Middle East, and Africa region accounted for 49% of revenue, the Americas was 32%, mainland China, Hong Kong, and Taiwan was 7%, and the rest of Asia was 12%.
89GF Score

Get the complete analysis for MEX:RACEN

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN6,539.00
Price
MXN8,631.00
GF Value