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Dell Technologies (BSP:D1EL34) Cyclically Adjusted Book per Share : R$24.67 (As of Apr. 2025)


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What is Dell Technologies Cyclically Adjusted Book per Share?

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. 2025 was R$-25.620. 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$24.67 for the trailing ten years ended in Apr. 2025.

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 (2025-06-02), Dell Technologies's current stock price is R$636.50. Dell Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was R$24.67. Dell Technologies's Cyclically Adjusted PB Ratio of today is 25.80.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Dell Technologies was 27.65. The lowest was 22.90. And the median was 26.94.


Dell Technologies Cyclically Adjusted Book per Share Historical Data

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.

* Premium members only.

Dell Technologies Cyclically Adjusted Book per Share Chart

Dell Technologies Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted Book per Share
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Dell Technologies Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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

Competitive Comparison of Dell Technologies's Cyclically Adjusted Book per Share

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.


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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. 2025 was:

Adj_Book= Book Value per Share /CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=-25.62/135.3468*135.3468
=-25.620

Current CPI (Apr. 2025) = 135.3468.

Dell Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201507 0.000 100.691 0.000
201510 0.000 100.346 0.000
201601 8.874 99.957 12.016
201604 0.000 100.947 0.000
201607 10.239 101.524 13.650
201610 62.370 101.988 82.770
201701 59.829 102.456 79.035
201704 51.701 103.167 67.827
201707 50.233 103.278 65.831
201710 43.905 104.070 57.100
201801 54.102 104.578 70.020
201804 53.755 105.708 68.827
201807 56.493 106.324 71.914
201810 50.713 106.695 64.331
201901 -23.738 106.200 -30.253
201904 -25.423 107.818 -31.914
201907 -7.437 108.250 -9.299
201910 -4.872 108.577 -6.073
202001 -5.266 108.841 -6.548
202004 -8.428 108.173 -10.545
202007 1.352 109.318 1.674
202010 10.590 109.861 13.047
202101 21.034 110.364 25.795
202104 29.483 112.673 35.416
202107 32.552 115.183 38.251
202110 64.693 116.696 75.033
202201 -12.309 118.619 -14.045
202204 -15.671 121.978 -17.389
202207 -20.917 125.002 -22.648
202210 -25.375 125.734 -27.315
202301 -22.640 126.223 -24.276
202304 -20.798 127.992 -21.993
202307 -18.380 128.974 -19.288
202310 -18.838 129.810 -19.642
202401 -15.507 130.124 -16.129
202404 -20.377 132.289 -20.848
202407 -22.737 132.708 -23.189
202410 -18.319 133.182 -18.617
202501 -12.797 134.029 -12.923
202504 -25.620 135.347 -25.620

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


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
=636.50/24.67
=25.80

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Dell Technologies was 27.65. The lowest was 22.90. And the median was 26.94.


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

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


Dell Technologies Business Description

Industry
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 and commercial personal computers and enterprise on-premises data center hardware. It holds top-three market 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.

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