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Dell (DELL) Cyclically Adjusted Book per Share : $0.00 (As of Jul. 2013)


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What is Dell 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's adjusted book value per share for the three months ended in Jul. 2013 was $6.139. 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 $0.00 for the trailing ten years ended in Jul. 2013.

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 (2024-06-04), Dell's current stock price is $0.00. Dell's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2013 was $0.00. Dell's Cyclically Adjusted PB Ratio of today is .


Dell Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dell'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.

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Dell Cyclically Adjusted Book per Share Chart

Dell Annual Data
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Dell Quarterly Data
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Competitive Comparison of Dell's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Dell'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's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Dell 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's adjusted Book Value per Share data for the three months ended in Jul. 2013 was:

Adj_Book= Book Value per Share /CPI of Jul. 2013 (Change)*Current CPI (Jul. 2013)
=6.139/98.5566*98.5566
=6.139

Current CPI (Jul. 2013) = 98.5566.

Dell Quarterly Data

Book Value per Share CPI Adj_Book
200310 2.296 78.054 2.899
200401 2.482 78.138 3.131
200404 2.412 79.319 2.997
200407 2.486 79.910 3.066
200410 2.367 80.543 2.896
200501 2.637 80.458 3.230
200504 2.323 82.104 2.789
200507 2.298 82.441 2.747
200510 2.048 84.045 2.402
200601 1.754 83.665 2.066
200604 1.463 85.015 1.696
200607 1.328 85.859 1.524
200610 1.517 85.142 1.756
200701 1.936 85.402 2.234
200704 2.268 87.203 2.563
200707 2.651 87.884 2.973
200710 3.054 88.152 3.414
200801 1.829 89.057 2.024
200804 1.691 90.636 1.839
200807 1.442 92.805 1.531
200810 2.139 91.375 2.307
200901 2.189 89.084 2.422
200904 2.168 89.968 2.375
200907 2.366 90.859 2.566
200910 2.569 91.207 2.776
201001 2.882 91.423 3.107
201004 3.007 91.980 3.222
201007 3.168 91.981 3.394
201010 3.530 92.277 3.770
201101 4.049 92.914 4.295
201104 4.408 94.890 4.578
201107 4.545 95.319 4.699
201110 4.826 95.529 4.979
201201 5.064 95.632 5.219
201204 5.310 97.075 5.391
201207 5.619 96.661 5.729
201210 5.862 97.595 5.920
201301 6.145 97.158 6.233
201304 6.029 98.107 6.057
201307 6.139 98.557 6.139

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


Dell  (DELISTED:DELL) 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.


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 Cyclically Adjusted Book per Share Related Terms

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


Dell (DELL) Business Description

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Dell Inc is a Delaware Corporation, which was founded in 1984. The Company offers a range of technology solutions, including servers and networking products, storage products, services, software and peripherals, mobility products, and desktop PCs. The Company sells its products and services directly to customers through dedicated distribution channels, such as retailers, distributors, and resellers. Its business segments are Large Enterprise, Public, Small and Medium Business ('SMB'), and Consumer. Large Enterprise customers include large global and national corporate businesses. Public customers, which include educational institutions, government, health care, and law enforcement agencies, operate in their own communities. SMB segment is focused on helping small and medium-sized businesses get the most out of their technology by offering scalable products, services, and solutions. Consumer segment is focused on delivering what customers want from the total technology experience of entertainment, mobility, gaming, and design. The Company designs, develops, manufactures, markets, sells, and supports a range of products, solutions, and services. The Company also provides various customer financial services to its Commercial and Consumer customers. Its enterprise solutions include servers, networking, and storage products. The Company's services include a range of configurable IT and business services, including infrastructure technology, consulting and applications, and product-related support services. The Company offers Dell-branded printers and displays and a multitude of competitively priced third-party peripheral products such as printers, televisions, notebook accessories, mice, keyboards, networking and wireless products, digital cameras, and other products. The Company also sells a range of third-party software products, including operating systems, business and office applications, anti-virus and related security software, entertainment software, and products in various other categories. Client Products offers a variety of mobility and desktop products, including notebooks, workstations, tablets, smartphones, and desktop PCs, to its Commercial and Consumer customers. The Company offers or arranges various financing options and services for its Commercial and Consumer customers in the U.S. and Canada through Dell Financial Services ('DFS'). DFS offers a range of financial services, including originating, collecting, and servicing customer receivables related to the purchase of Dell products. DFS offers private label credit financing programs to qualified Consumer and Commercial customers and offers leases and fixed-term financing to Commercial customers. The Company sells its products and services directly to customers and through various other sales distribution channels, such as retailers, third-party solution providers, system integrators, and third-party resellers. Its customers include large global and national corpora