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Dell Technologies (Dell Technologies) Cyclically Adjusted PB Ratio : 34.74 (As of Apr. 28, 2024)


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What is Dell Technologies Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Dell Technologies's current share price is $125.06. Dell Technologies's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan24 was $3.60. Dell Technologies's Cyclically Adjusted PB Ratio for today is 34.74.

The historical rank and industry rank for Dell Technologies's Cyclically Adjusted PB Ratio or its related term are showing as below:

DELL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 23.39   Med: 31.7   Max: 36.87
Current: 34.73

During the past 10 years, Dell Technologies's highest Cyclically Adjusted PB Ratio was 36.87. The lowest was 23.39. And the median was 31.70.

DELL's Cyclically Adjusted PB Ratio is ranked worse than
99.56% of 1833 companies
in the Hardware industry
Industry Median: 1.57 vs DELL: 34.73

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Dell Technologies's adjusted book value per share data of for the fiscal year that ended in Jan24 was $-3.403. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $3.60 for the trailing ten years ended in Jan24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dell Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dell Technologies's Cyclically Adjusted PB Ratio 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.

* Premium members only.

Dell Technologies Cyclically Adjusted PB Ratio Chart

Dell Technologies Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 23.01

Dell Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted PB Ratio 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 - - - - 23.01

Competitive Comparison of Dell Technologies's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Dell Technologies's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio 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.


Dell Technologies's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Dell Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dell Technologies's Cyclically Adjusted PB Ratio falls into.



Dell Technologies Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Dell Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=125.06/3.6
=34.74

* 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.

Dell Technologies's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan24 is calculated as:

For example, Dell Technologies's adjusted Book Value per Share data for the fiscal year that ended in Jan24 was:

Adj_Book=Book Value per Share/CPI of Jan24 (Change)*Current CPI (Jan24)
=-3.403/129.4194*129.4194
=-3.403

Current CPI (Jan24) = 129.4194.

Dell Technologies Annual Data

Book Value per Share CPI Adj_Book
201501 0.000 98.604 0.000
201601 2.188 99.957 2.833
201701 18.755 102.456 23.691
201801 16.846 104.578 20.848
201901 -6.355 106.200 -7.744
202001 -1.268 108.841 -1.508
202101 3.919 110.364 4.596
202201 -2.226 118.619 -2.429
202301 -4.360 126.223 -4.470
202401 -3.403 129.419 -3.403

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Dell Technologies  (NYSE:DELL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Dell Technologies Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Dell Technologies's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Dell Technologies (Dell Technologies) Business Description

Address
One Dell Way, Round Rock, TX, USA, 78682
Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium personal computers and enterprise on-premises data center hardware. It holds top-three shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell is vertically-integrated but has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales.
Executives
Slta Iv (gp), L.l.c. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slta V (gp), L.l.c. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Michael S Dell director, 10 percent owner, officer: Chief Executive Officer C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Steven M Mollenkopf director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Richard J Rothberg officer: General Counsel & Secretary ONE DELL WAY, ROUND ROCK TX 78682
Anthony Charles Whitten officer: Co-Chief Operating Officer C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682
Yvonne Mcgill officer: Chief Financial Officer ONE DELL WAY, ROUND ROCK TX 78682
Allison Dew officer: Chief Marketing Officer C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682
Brunilda Rios officer: Chief Accounting Officer C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682
Thomas W Sweet officer: Chief Financial Officer ONE DELL WAY, ROUND ROCK TX 78682
William F Scannell officer: Pres., Glob. Sales & Cust. Ops EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
William D Green director C/O ACCENTURE, 161 N CLARK STREET, CHICAGO IL 60601
Ellen Jamison Kullman director UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
David J Grain director C/O MOTIENT CORPORATION, 300 KNIGHTSBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Radakovich Lynn Vojvodich director C/O BOOKING HOLDINGS INC., 800 CONNECTICUT AVENUE, NORWALK CT 06854