Dell Technologies (BSP:D1EL34) Cyclically Adjusted Book per Share: R$17.57 (As of Apr. 2026)

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BSP:D1EL34 Dell Technologies Inc BSP:D1EL34
61 GF Score
Price R$2,037.96
GF Value R$968.88
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Dell Technologies Cyclically Adjusted Book per Share?

Dell Technologies BSP:D1EL34 +2.67% 61 Cyclically Adjusted Book per Share is R$17.57 as of Apr. 2026. GuruFocus rates BSP:D1EL34 with a GF Score™ of 61/100 and a GF Value™ of R$968.88 (Significantly Overvalued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Apr. 2026 was R$-10.898. 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 R$17.57 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Dell Technologies's average Cyclically Adjusted Book Growth Rate was -14.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-07-20), Dell Technologies's current stock price is R$2037.96. Dell Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was R$17.57. Dell Technologies's Cyclically Adjusted PB Ratio of today is 115.99.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Dell Technologies was 123.22. The lowest was 22.90. And the median was 34.75.


Dell Technologies  (BSP:D1EL34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2037.96/17.57
=115.99

* 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.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Dell Technologies was 123.22. The lowest was 22.90. And the median was 34.75.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Dell Technologies Cyclically Adjusted Book per Share Related Terms


Dell Technologies Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Dell Technologies's Cyclically Adjusted Book per Share 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.

Dell Technologies Cyclically Adjusted Book per Share Chart

Dell Technologies Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 18.83

Dell Technologies Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted Book per Share 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 24.67 22.05 20.18 18.83 17.57

BSP:D1EL34 vs SNDK, STX, WDC: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


BSP:D1EL34
61GF Score
Dell Technologies Inc BSP:D1EL34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dell Technologies Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Dell Technologies's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=-10.898/333.0200*333.0200
=-10.898

Current CPI (Apr. 2026) = 333.0200.

Dell Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201607 10.239 240.628 14.170
201610 62.370 241.729 85.925
201701 59.829 242.839 82.047
201704 51.701 244.524 70.412
201707 50.233 244.786 68.340
201710 43.905 246.663 59.276
201801 54.102 247.867 72.688
201804 53.755 250.546 71.450
201807 56.493 252.006 74.654
201810 50.713 252.885 66.783
201901 -23.738 251.712 -31.406
201904 -25.423 255.548 -33.130
201907 -7.437 256.571 -9.653
201910 -4.872 257.346 -6.305
202001 -5.266 257.971 -6.798
202004 -8.428 256.389 -10.947
202007 1.352 259.101 1.738
202010 10.590 260.388 13.544
202101 21.034 261.582 26.778
202104 29.483 267.054 36.766
202107 32.552 273.003 39.708
202110 64.693 276.589 77.892
202201 -12.309 281.148 -14.580
202204 -15.671 289.109 -18.051
202207 -20.917 296.276 -23.511
202210 -25.375 298.012 -28.356
202301 -22.640 299.170 -25.202
202304 -20.823 303.363 -22.859
202307 -18.380 305.691 -20.023
202310 -18.838 307.671 -20.390
202401 -15.507 308.417 -16.744
202404 -20.377 313.548 -21.642
202407 -22.737 314.540 -24.073
202410 -18.319 315.664 -19.326
202501 -12.797 317.671 -13.415
202504 -25.620 320.795 -26.596
202507 -22.684 323.048 -23.384
202510 -21.153 0.000
202601 -20.205 325.252 -20.688
202604 -10.898 333.020 -10.898

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

What does a Cyclically Adjusted Book per Share of R$17.57 mean?
Dell Technologies (BSP:D1EL34) has a Cyclically Adjusted Book per Share of R$17.57 as of Apr. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Dell Technologies and its competitors.
Is Dell Technologies' Cyclically Adjusted Book per Share too high?
Dell Technologies' current Cyclically Adjusted Book per Share is R$17.57. Overall, Dell Technologies has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dell Technologies' Cyclically Adjusted Book per Share compare to SNDK and STX?
Dell Technologies' Cyclically Adjusted Book per Share of R$17.57 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Dell Technologies and its competitors. Dell Technologies's current Cyclically Adjusted Book per Share is R$17.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dell Technologies stock overvalued right now?
Based on GuruFocus' analysis, Dell Technologies (BSP:D1EL34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$968.88, compared to a current price of R$2,037.96 — trading 110.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$17.57. Dell Technologies' overall GF Score™ is 61/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Dell Technologies (BSP:D1EL34), the current Cyclically Adjusted Book per Share is R$17.57 as of Apr. 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 Dell Technologies (BSP:D1EL34) Overvalued in 2026?

Based on GuruFocus' analysis, Dell Technologies stock appears to be overvalued. The current stock price of R$2,037.96 is trading 110.3% above its estimated GF Value™ of R$968.88. GuruFocus considers Dell Technologies to be Significantly Overvalued.

Key valuation signals for BSP:D1EL34:

  • Cyclically Adjusted Book per Share: R$17.57
  • GF Value™: R$968.88 vs. price of R$2,037.96 (110.3% above fair value)
  • GF Score™: 61/100 with 8 warning signs

No single metric tells the full story. See the BSP:D1EL34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 focuses on premium and commercial personal computers, as well as 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 has a robust ecosystem of component and assembly partners and also relies heavily on channel partners to fulfill its sales.
61GF Score

Get the complete analysis for BSP:D1EL34

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$2,037.96
Price
R$968.88
GF Value