The Welshman admits he is in awe of the Portugal star's current form, while warning that their rivals have yet to see his best form since moving to the Spanish capital last summer.
Ronaldo has been in electric form this season, with his hat trick against Real Sociedad at the weekend taking his tally to 24 goals in just 17 games in all competitions, and Bale admits he is in awe of the 28-year-old's exploits.
"Cristiano is incredible, he scores hat tricks every week," he told Real Madrid TV. "It's a pleasure to play with him."
Bale himself has recently recaptured some of the form which prompted Madrid to pay 100 million euros for his services, notching three goals and five assists in seven La Liga appearances, but the Welshman has warned rivals to expect even more over the coming weeks now that he has returned to full fitness.
"The best is yet to come," he said. "I've just finished my preseason and I can still give more. Now I'll be able to score more goals and help the team achieve success.
"It was just a matter of time until I got to 100 percent. Now everyone is seeing what I can do. I need to keep working and hopefully there will be more goals."