Ferrari NV (WBO:RACE) Forward PE Ratio: 33.92 (As of Jul. 15, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

WBO:RACE Ferrari NV WBO:RACE
83 GF Score
Price €325.25
GF Value €433.95
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ferrari NV Forward PE Ratio?

Ferrari NV WBO:RACE -1.06% 83 Forward PE Ratio is 33.92 as of Jul. 15, 2026. GuruFocus rates WBO:RACE with a GF Score™ of 83/100 and a GF Value™ of €433.95 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 596 Vehicles & Parts companies, Ferrari NV ranks worse than 87.42% on this metric.

Ferrari NV's Forward PE Ratio for today is 33.92.

Ferrari NV's PE Ratio without NRI for today is 35.64.

Ferrari NV's PE Ratio (TTM) for today is 36.10.


Ferrari NV  (WBO:RACE) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Ferrari NV Forward PE Ratio Related Terms


Ferrari NV Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for Ferrari NV's Forward 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.

Ferrari NV Forward PE Ratio Chart

Ferrari NV Annual Data
Trend 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-12 2025-12
Forward PE Ratio
30.03 23.53 35.46 44.44 45.87 33.11 39.84 46.54 33.22

Ferrari NV Quarterly Data
2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03 2024-06 2024-09 2024-12 2025-03 2025-06 2025-09 2025-12 2026-03
Forward PE Ratio 30.03 31.65 36.36 34.01 23.53 31.35 37.17 32.26 35.46 33.00 48.78 38.02 44.44 40.65 39.84 40.16 45.87 40.00 36.76 30.86 33.11 40.32 48.08 36.36 39.84 52.63 48.54 49.26 46.54 44.70 46.95 38.57 33.22 28.98

WBO:RACE vs TSLA, GM, F: Forward PE Ratio Comparison

For the Auto Manufacturers subindustry, Ferrari NV's Forward PE Ratio, along with its competitors' market caps and Forward 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 Forward PE Ratio vs Vehicles & Parts Industry

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

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


WBO:RACE
83GF Score
Ferrari NV WBO:RACE
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ferrari NV Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Frequently Asked Questions Learn more about Forward PE Ratio →
What does a Forward PE Ratio of 33.92 mean?
Ferrari NV (WBO:RACE) has a Forward PE Ratio of 33.92 as of Jul. 15, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Ferrari NV and its competitors. According to the industry distribution chart, Ferrari NV ranks #521 out of 596 companies in the Vehicles & Parts industry, placing it in the top 87.4%.
Is Ferrari NV's Forward PE Ratio too high?
Ferrari NV's current Forward PE Ratio is 33.92. The Vehicles & Parts industry median Forward PE Ratio is 13.18. Ferrari NV's value of 33.92 is 157.5% above this industry median. Based on the distribution chart, Ferrari NV ranks #521 out of 596 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Ferrari NV has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ferrari NV's Forward PE Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Ferrari NV ranks #521 out of 596 companies for Forward PE Ratio. This places Ferrari NV in the lower half of its industry. The industry median Forward PE Ratio is 13.18. Ferrari NV's value of 33.92 is 157.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Vehicles & Parts company?
The median Forward PE Ratio among Vehicles & Parts companies is 13.18, based on 596 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ferrari NV's current Forward PE Ratio of 33.92 is 157.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Ferrari NV and its competitors. For the Vehicles & Parts industry, the median Forward PE Ratio is 13.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrari NV's current Forward PE Ratio is 33.92. 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 (WBO:RACE) is currently considered Modestly Undervalued. The stock's GF Value™ is €433.95, compared to a current price of €325.25 — trading 25% below its estimated fair value. The current Forward PE Ratio is 33.92 and 157.5% above the Vehicles & Parts industry median of 13.18. Ferrari NV's overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Ferrari NV (WBO:RACE), the current Forward PE Ratio is 33.92 as of Jul. 15, 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 (WBO:RACE) Overvalued in 2026?

Based on GuruFocus' analysis, Ferrari NV stock appears to be undervalued. The current stock price of €325.25 is trading 25% below its estimated GF Value™ of €433.95. GuruFocus considers Ferrari NV to be Modestly Undervalued.

Key valuation signals for WBO:RACE:

  • Forward PE Ratio: 33.92
  • GF Value™: €433.95 vs. price of €325.25 (25% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 157.5% above the Vehicles & Parts median (#521 of 596)

No single metric tells the full story. See the WBO: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%.
83GF Score

Get the complete analysis for WBO:RACE

Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€325.25
Price
€433.95
GF Value