Question 1

What is Ferrari's P/B ratio?

Accepted Answer

Ferrari (RACE) P/B ratio is 13.1× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Ferrari?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Ferrari specifically, the relevant sector benchmark is the current sector median of 4.2×.

Question 5

Is Ferrari's P/B ratio high or low?

Accepted Answer

Ferrari's P/B ratio of 13.1× is below its own 5-year average of 17.3× and above the sector median of 4.2×. That places the current reading at the 6th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Ferrari's historical P/B ratio range?

Accepted Answer

In the available daily series, Ferrari (RACE) P/B ratio has ranged from a low of 3.4× in 2015 to a high of 77.8× in 2016. The 5-year average is 17.3× and the 5-year median is 17.5×.

Question 7

What was Ferrari's P/B ratio in 2025?

Accepted Answer

Ferrari (RACE) P/B ratio at the end of 2025 was 14.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Ferrari's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$65.97B	$4.59B	14.4×	-6.4×	Dec 31, 2025
2024	$76.13B	$3.66B	20.8×	+2.7×	Dec 31, 2024
2023	$61.03B	$3.38B	18.1×	+4.0×	Dec 31, 2023
2022	$38.98B	$2.77B	14.0×	-4.9×	Dec 31, 2022
2021	$47.67B	$2.51B	19.0×	+3.1×	Dec 31, 2021
2020	$42.38B	$2.67B	15.9×	-0.6×	Dec 31, 2020
2019	$30.73B	$1.87B	16.5×	+4.4×	Dec 31, 2019
2018	$18.69B	$1.54B	12.1×	-9.0×	Dec 31, 2018
2017	$19.72B	$934.79M	21.1×	-11.0×	Dec 31, 2017
2016	$10.97B	$341.81M	32.1×	—	Dec 31, 2016
2015	$11.54B	−$27.29M	—	—	Dec 31, 2015
2014	$10.39B	$2.99B	3.5×	—	Dec 31, 2014


V.F. (VFC)	3.5×
Carnival Corporation (CCL)	3.3×
Genuine Parts (GPC)	3.3×
Lululemon Athletica (LULU)	3.1×
Ball (BALL)	2.8×
PDD Holdings (PDD)	2.3×
GameStop (GME)	2.0×
XPeng (XPEV)	2.0×
Alibaba (BABA)	1.9×
Li Auto (LI)	1.8×
PulteGroup (PHM)	1.7×
Amcor (AMCR)	1.7×
D.R. Horton (DHI)	1.7×
Toll Brothers (TOL)	1.6×
Lucid Group (LCID)	1.5×
Sonoco Products (SON)	1.5×
Leggett & Platt (LEG)	1.3×
International Paper (IP)	1.3×
Lennar (LEN)	1.3×
Weyco Group (WEYS)	1.2×
Ford Motor (F)	1.2×
LKQ (LKQ)	1.2×
Smurfit Westrock (SW)	1.1×
General Motors (GM)	1.1×
Mohawk Industries (MHK)	0.7×

P/B Ratio for Ferrari (RACE)

P/B Ratio daily chart for Ferrari (RACE)

Historical P/B Ratio for Ferrari (RACE) from 2014 to 2025

About P/B Ratio at Ferrari (RACE)

Ferrari P/B Ratio by Year

Ferrari P/B Ratio 2025: 14.4×

Ferrari P/B Ratio 2024: 20.8×

Ferrari P/B Ratio 2023: 18.1×

Ferrari P/B Ratio 2022: 14.0×

Ferrari P/B Ratio 2021: 19.0×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Ferrari (RACE) Key Financials

P/B Ratio daily chart for Ferrari (RACE)

Historical P/B Ratio for Ferrari (RACE) from 2014 to 2025

About P/B Ratio at Ferrari (RACE)

Ferrari P/B Ratio by Year

Ferrari P/B Ratio 2025: 14.4×

Ferrari P/B Ratio 2024: 20.8×

Ferrari P/B Ratio 2023: 18.1×

Ferrari P/B Ratio 2022: 14.0×

Ferrari P/B Ratio 2021: 19.0×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Ferrari's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Ferrari?

+Is Ferrari's P/B ratio high or low?

+What is Ferrari's historical P/B ratio range?

+What was Ferrari's P/B ratio in 2025?

+Why does Ferrari's P/B ratio change over time?

Ferrari (RACE) Key Financials