RACE (Ferrari NV) Cyclically Adjusted Revenue per Share: $33.28 (As of Mar. 2026)


RACE Ferrari NV RACE
94 GF Score
Price $377.11
GF Value $495.74
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ferrari NV Cyclically Adjusted Revenue per Share?

Ferrari NV RACE +1.29% 94 Cyclically Adjusted Revenue per Share is $33.28 as of Mar. 2026. GuruFocus rates RACE with a GF Score™ of 94/100 and a GF Value™ of $495.74 (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 $12.049. 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 $33.28 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ferrari NV's average Cyclically Adjusted Revenue Growth Rate was 8.70% 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 (2026-07-01), Ferrari NV's current stock price is $377.11. Ferrari NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $33.28. Ferrari NV's Cyclically Adjusted PS Ratio of today is 11.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ferrari NV was 19.08. The lowest was 9.83. And the median was 15.51.


Ferrari NV  (NYSE:RACE) 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
=377.11/33.28
=11.33

* 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 9.83. And the median was 15.51.


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 25.54 26.03 32.25

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 28.52 31.48 32.17 32.25 33.28

RACE 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.


RACE
94GF Score
Ferrari NV RACE
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)
=12.049/122.6000*122.6000
=12.049

Current CPI (Mar. 2026) = 122.6000.

Ferrari NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.821 99.900 5.916
201609 4.654 100.100 5.700
201612 4.663 100.300 5.700
201703 4.625 101.000 5.614
201706 5.450 101.100 6.609
201709 5.250 101.200 6.360
201712 5.238 101.200 6.346
201803 5.403 101.800 6.507
201806 5.585 102.400 6.687
201809 5.163 102.600 6.169
201812 5.087 102.300 6.096
201903 5.636 102.800 6.722
201906 5.905 103.100 7.022
201909 5.382 102.900 6.412
201912 5.537 102.800 6.603
202003 5.551 102.900 6.614
202006 3.468 102.900 4.132
202009 5.643 102.300 6.763
202012 7.019 102.600 8.387
202103 6.505 103.700 7.691
202106 6.736 104.200 7.925
202109 6.712 104.900 7.845
202112 7.182 106.600 8.260
202203 7.107 110.400 7.892
202206 7.448 112.500 8.117
202209 6.762 114.200 7.259
202212 7.946 119.000 8.186
202303 8.403 118.800 8.672
202306 8.784 119.700 8.997
202309 9.088 120.300 9.262
202312 9.181 119.700 9.403
202403 9.541 120.200 9.732
202406 10.227 120.700 10.388
202409 10.149 121.200 10.266
202412 10.129 121.200 10.246
202503 10.822 122.500 10.831
202506 11.555 122.700 11.546
202509 11.623 123.100 11.576
202512 11.872 122.600 11.872
202603 12.049 122.600 12.049

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 $33.28 mean?
Ferrari NV (RACE) has a Cyclically Adjusted Revenue per Share of $33.28 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 $33.28. Overall, Ferrari NV has a GF Score™ of 94/100 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 $33.28 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 $33.28. 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 (RACE) is currently considered Modestly Undervalued. The stock's GF Value™ is $495.74, compared to a current price of $377.11 — trading 23.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $33.28. Ferrari NV's overall GF Score™ is 94/100 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 (RACE), the current Cyclically Adjusted Revenue per Share is $33.28 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 (RACE) Overvalued in 2026?

Based on GuruFocus' analysis, Ferrari NV stock appears to be undervalued. The current stock price of $377.11 is trading 23.9% below its estimated GF Value™ of $495.74. GuruFocus considers Ferrari NV to be Modestly Undervalued.

Key valuation signals for RACE:

  • Cyclically Adjusted Revenue per Share: $33.28
  • GF Value™: $495.74 vs. price of $377.11 (23.9% below fair value)
  • GF Score™: 94/100 with 2 warning signs

No single metric tells the full story. See the RACE 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%.
94GF Score

Get the complete analysis for RACE

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

$377.11
Price
$495.74
GF Value