Question 1

What is Ferrari's P/E ratio?

Accepted Answer

Ferrari (RACE) P/E ratio is 35.6× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. 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/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Ferrari?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Ferrari specifically, the relevant sector benchmark is the current sector median of 21.7×.

Question 5

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

Accepted Answer

Ferrari's P/E ratio of 35.6× is below its own 5-year average of 43.7× and above the sector median of 21.7×. That places the current reading at the 15th 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/E ratio range?

Accepted Answer

In the available daily series, Ferrari (RACE) P/E ratio has ranged from a low of 20.3× in 2018 to a high of 60.1× in 2020. The 5-year average is 43.7× and the 5-year median is 45.0×.

Question 7

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

Accepted Answer

Ferrari (RACE) P/E ratio at the end of 2025 was 36.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). 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	$66B	$1.8B	36.6×	-9.6×	Dec 31, 2025
2024	$76.1B	$1.65B	46.2×	+1.2×	Dec 31, 2024
2023	$61B	$1.35B	45.1×	+5.4×	Dec 31, 2023
2022	$39B	$984M	39.6×	-8.9×	Dec 31, 2022
2021	$47.7B	$982M	48.5×	-11.6×	Dec 31, 2021
2020	$42.4B	$705M	60.1×	+20.7×	Dec 31, 2020
2019	$30.7B	$779M	39.4×	+19.2×	Dec 31, 2019
2018	$18.7B	$923M	20.3×	-12.3×	Dec 31, 2018
2017	$19.7B	$606M	32.6×	+7.7×	Dec 31, 2017
2016	$11B	$441M	24.9×	-11.3×	Dec 31, 2016
2015	$11.5B	$320M	36.1×	+6.1×	Dec 31, 2015
2014	$10.4B	$346M	30.0×	—	Dec 31, 2014


Avery Dennison (AVY)	19.3×
Darden Restaurants (DRI)	19.1×
Williams-Sonoma (WSM)	19.1×
Expedia Group (EXPE)	18.9×
Domino's Pizza (DPZ)	17.7×
Etsy (ETSY)	16.9×
Ball (BALL)	16.8×
Royal Caribbean Cruises (RCL)	16.6×
GameStop (GME)	15.6×
D.R. Horton (DHI)	15.3×
Norwegian Cruise Line (NCLH)	15.0×
Hasbro (HAS)	15.0×
NVR (NVR)	14.8×
LKQ (LKQ)	14.5×
Mohawk Industries (MHK)	14.3×
Deckers Outdoor (DECK)	13.8×
Lennar (LEN)	13.5×
Weyco Group (WEYS)	12.8×
Carnival Corporation (CCL)	12.4×
KB Home (KBH)	11.7×
Best Buy Co. (BBY)	11.1×
PDD Holdings (PDD)	10.7×
Toll Brothers (TOL)	10.5×
Lululemon Athletica (LULU)	10.2×
Leggett & Platt (LEG)	6.1×

P/E Ratio for Ferrari (RACE) 2014-2026

P/E Ratio daily chart for Ferrari (RACE)

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

About P/E Ratio at Ferrari (RACE)

Ferrari P/E Ratio by Year

Ferrari P/E Ratio 2025: 36.6×

Ferrari P/E Ratio 2024: 46.2×

Ferrari P/E Ratio 2023: 45.1×

Ferrari P/E Ratio 2022: 39.6×

Ferrari P/E Ratio 2021: 48.5×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Ferrari (RACE) Key Financials