Ferrari NV (WBO:RACE) Price-to-Tangible-Book : 82.87 (As of Apr. 25, 2024)

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What is Ferrari NV Price-to-Tangible-Book?

As of today (2024-04-25), Ferrari NV's share price is €393.20. Ferrari NV's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €4.75. Hence, Ferrari NV's Price to Tangible Book Ratio of today is 82.87.

The historical rank and industry rank for Ferrari NV's Price-to-Tangible-Book or its related term are showing as below:

WBO:RACE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 64.32 Med: 110.41 Max: 1684.38
Current: 82.78

During the past 12 years, Ferrari NV's highest Price to Tangible Book Ratio was 1684.38. The lowest was 64.32. And the median was 110.41.

WBO:RACE's Price-to-Tangible-Book is ranked worse than
99.67% of 1198 companies
in the Vehicles & Parts industry
Industry Median: 1.675 vs WBO:RACE: 82.78

A closely related ratio is called PB Ratio. As of today, Ferrari NV's share price is €393.20. Ferrari NV's Book Value per Sharefor the quarter that ended in Dec. 2023 was €16.97. Hence, Ferrari NV's P/B Ratio of today is 23.18.

Ferrari NV Price-to-Tangible-Book Historical Data

The historical data trend for Ferrari NV's Price-to-Tangible-Book 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.

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Ferrari NV Price-to-Tangible-Book Chart

Ferrari NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1,700.45

147.76

73.42

64.76

Ferrari NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															73.42	65.94	95.22	75.81	64.76

Competitive Comparison of Ferrari NV's Price-to-Tangible-Book

For the Auto Manufacturers subindustry, Ferrari NV's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ferrari NV's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ferrari NV's Price-to-Tangible-Book falls into.

Ferrari NV Price-to-Tangible-Book Calculation

Ferrari NV's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	393.20	/	4.745
	=	82.87

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Ferrari NV Price-to-Tangible-Book Related Terms

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

Ferrari NV (WBO:RACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ferrari NV (WBO:RACE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

RACE:USA RACEN:Mexico RACE:Italy RACEm:UK 0RDT:UK 2FE:Germany 2FE:Germany 2FE:Germany 2FE:Germany

Address

Via Abetone Inferiore n. 4, Maranello, ITA, I-41053

Website

https://www.ferrari.com

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%.