RACE (Ferrari NV) Price-to-Tangible-Book: 53.31 (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

RACE Ferrari NV RACE
98 GF Score
Price $406.69
GF Value $504.92
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

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

Ferrari NV RACE -1.77% 98 Price-to-Tangible-Book is 53.31 as of Sep. 21, 2026. GuruFocus rates RACE with a GF Score™ of 98/100 and a GF Value™ of $504.92 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,244 Vehicles & Parts companies, Ferrari NV ranks worse than 99.52% on this metric.

As of today (2026-09-21), Ferrari NV's share price is $406.69. Ferrari NV's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $7.63. Hence, Ferrari NV's Price to Tangible Book Ratio of today is 53.31.

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

RACE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 31.81   Med: 74.2   Max: 2390
Current: 52.75

During the past 13 years, Ferrari NV's highest Price to Tangible Book Ratio was 2390.00. The lowest was 31.81. And the median was 74.20.

RACE's Price-to-Tangible-Book is ranked worse than
99.52% of 1244 companies
in the Vehicles & Parts industry
Industry Median: 1.55 vs RACE: 52.75

A closely related ratio is called PB Ratio. As of today, Ferrari NV's share price is $406.69. Ferrari NV's Book Value per Sharefor the quarter that ended in Jun. 2026 was $23.82. Hence, Ferrari NV's P/B Ratio of today is 17.08.


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


Ferrari NV Price-to-Tangible-Book Historical Data

* Premium members only.

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.

Ferrari NV Price-to-Tangible-Book Chart

Ferrari NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.24 71.62 63.84 60.59 37.41

Ferrari NV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Tangible-Book 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 64.88 54.05 37.41 32.22 48.80

RACE vs TSLA, GM, F: Price-to-Tangible-Book Comparison

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 Price-to-Tangible-Book vs 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.


RACE
98GF Score
Ferrari NV RACE
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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: Jun. 2026 )
=406.69/7.629
=53.31

* 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.

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

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.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 53.31 mean?
Ferrari NV (RACE) has a Price-to-Tangible-Book of 53.31 as of Sep. 21, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Ferrari NV and its competitors. According to the industry distribution chart, Ferrari NV ranks #1238 out of 1244 companies in the Vehicles & Parts industry, placing it in the top 99.5%.
Is Ferrari NV's Price-to-Tangible-Book too high?
Ferrari NV's current Price-to-Tangible-Book is 53.31. The Vehicles & Parts industry median Price-to-Tangible-Book is 1.55. Ferrari NV's value of 53.31 is 3339.4% above this industry median. Based on the distribution chart, Ferrari NV ranks #1238 out of 1244 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Ferrari NV has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ferrari NV's Price-to-Tangible-Book compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Ferrari NV ranks #1238 out of 1244 companies for Price-to-Tangible-Book. This places Ferrari NV in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.55. Ferrari NV's value of 53.31 is 3339.4% 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 Price-to-Tangible-Book for a Vehicles & Parts company?
The median Price-to-Tangible-Book among Vehicles & Parts companies is 1.55, based on 1,244 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ferrari NV's current Price-to-Tangible-Book of 53.31 is 3339.4% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Ferrari NV and its competitors. For the Vehicles & Parts industry, the median Price-to-Tangible-Book is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrari NV's current Price-to-Tangible-Book is 53.31. 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 $504.92, compared to a current price of $406.69 — trading 19.5% below its estimated fair value. The current Price-to-Tangible-Book is 53.31 and 3339.4% above the Vehicles & Parts industry median of 1.55. Ferrari NV's overall GF Score™ is 98/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Ferrari NV (RACE), the current Price-to-Tangible-Book is 53.31 as of Sep. 21, 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 $406.69 is trading 19.5% below its estimated GF Value™ of $504.92. GuruFocus considers Ferrari NV to be Modestly Undervalued.

Key valuation signals for RACE:

  • Price-to-Tangible-Book: 53.31
  • GF Value™: $504.92 vs. price of $406.69 (19.5% below fair value)
  • GF Score™: 98/100 with 2 warning signs
  • Industry Position: 3339.4% above the Vehicles & Parts median (#1238 of 1244)

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%.
98GF Score

Get the complete analysis for RACE

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$406.69
Price
$504.92
GF Value