DXC Technology Co (HAM:2XT) Cyclically Adjusted PB Ratio: 0.32 (As of Jul. 15, 2026) — 66% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:2XT DXC Technology Co HAM:2XT
51 GF Score
Price €8.02
GF Value €17.47
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is DXC Technology Co Cyclically Adjusted PB Ratio?

DXC Technology Co HAM:2XT -6.96% 51 Cyclically Adjusted PB Ratio is 0.32 as of Jul. 15, 2026, which is 66% below its 10-year median of 0.95. GuruFocus rates HAM:2XT with a GF Score™ of 51/100 and a GF Value™ of €17.47 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,597 Software companies, DXC Technology Co ranks better than 91.48% on this metric.

As of today (2026-07-15), DXC Technology Co's current share price is €8.015. DXC Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €24.90. DXC Technology Co's Cyclically Adjusted PB Ratio for today is 0.32.

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

HAM:2XT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.95   Max: 2.95
Current: 0.31

During the past years, DXC Technology Co's highest Cyclically Adjusted PB Ratio was 2.95. The lowest was 0.29. And the median was 0.95.

HAM:2XT's Cyclically Adjusted PB Ratio is ranked better than
91.48% of 1597 companies
in the Software industry
Industry Median: 2.31 vs HAM:2XT: 0.31

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.

DXC Technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was €15.373. 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 €24.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DXC Technology Co  (HAM:2XT) 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.


DXC Technology Co Cyclically Adjusted PB Ratio Related Terms


DXC Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DXC Technology Co'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.

DXC Technology Co Cyclically Adjusted PB Ratio Chart

DXC Technology Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 0.84 0.71 0.59 0.43

DXC Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.59 0.53 0.47 0.51 0.43

HAM:2XT vs WYFI, SHAZ, CLVT: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, DXC Technology Co'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.


DXC Technology Co Cyclically Adjusted PB Ratio vs Software Industry

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

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


HAM:2XT
51GF Score
DXC Technology Co HAM:2XT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DXC Technology Co 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.

DXC Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.015/24.90
=0.32

* 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.

DXC Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, DXC Technology Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=15.373/330.2130*330.2130
=15.373

Current CPI (Mar. 2026) = 330.2130.

DXC Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.483 241.018 17.103
201609 12.918 241.428 17.669
201612 12.816 241.432 17.529
201703 6.234 243.801 8.444
201706 37.534 244.955 50.598
201709 35.716 246.819 47.784
201712 37.987 246.524 50.883
201803 38.328 249.554 50.716
201806 34.848 251.989 45.666
201809 35.038 252.439 45.833
201812 35.899 251.233 47.185
201903 37.593 254.202 48.834
201906 36.903 256.143 47.574
201909 30.372 256.759 39.061
201912 31.065 256.974 39.919
202003 17.081 258.115 21.852
202006 16.052 257.797 20.561
202009 14.699 260.280 18.648
202012 18.273 260.474 23.165
202103 16.408 264.877 20.455
202106 16.591 271.696 20.164
202109 16.081 274.310 19.358
202112 17.199 278.802 20.370
202203 19.304 287.504 22.172
202206 19.448 296.311 21.673
202209 20.262 296.808 22.542
202212 19.151 296.797 21.307
202303 15.211 301.836 16.641
202306 14.682 305.109 15.890
202309 15.026 307.789 16.121
202312 15.407 306.746 16.586
202403 14.461 312.332 15.289
202406 14.646 314.175 15.394
202409 14.840 315.301 15.542
202412 15.772 315.605 16.502
202503 16.483 319.799 17.020
202506 15.292 322.561 15.655
202509 14.994 324.800 15.244
202512 15.796 324.054 16.096
202603 15.373 330.213 15.373

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.

What does a Cyclically Adjusted PB Ratio of 0.32 mean?
DXC Technology Co (HAM:2XT) has a Cyclically Adjusted PB Ratio of 0.32 as of Jul. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on DXC Technology Co and its competitors. This is 66% below median its historical median of 0.95. Over the past decade, DXC Technology Co's Cyclically Adjusted PB Ratio has ranged from 0.29 to 2.95. According to the industry distribution chart, DXC Technology Co ranks #136 out of 1597 companies in the Software industry, placing it in the top 8.5%.
Is DXC Technology Co's Cyclically Adjusted PB Ratio too high?
DXC Technology Co's current Cyclically Adjusted PB Ratio of 0.32 is 66% below median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.95. The Software industry median Cyclically Adjusted PB Ratio is 2.31. DXC Technology Co's value of 0.32 is 86.1% below this industry median. Based on the distribution chart, DXC Technology Co ranks #136 out of 1597 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, DXC Technology Co has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DXC Technology Co's Cyclically Adjusted PB Ratio compare to WYFI and SHAZ?
According to the Software industry distribution chart, DXC Technology Co ranks #136 out of 1597 companies for Cyclically Adjusted PB Ratio. This places DXC Technology Co in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.31. DXC Technology Co's value of 0.32 is 86.1% below this benchmark. Historically, DXC Technology Co's own Cyclically Adjusted PB Ratio has ranged from 0.29 to 2.95 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 2.31, DXC Technology Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,597 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DXC Technology Co's current Cyclically Adjusted PB Ratio of 0.32 is 86.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on DXC Technology Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DXC Technology Co's current Cyclically Adjusted PB Ratio is 0.32, which is 66% below median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DXC Technology Co stock overvalued right now?
Based on GuruFocus' analysis, DXC Technology Co (HAM:2XT) is currently considered Possible Value Trap. The stock's GF Value™ is €17.47, compared to a current price of €8.02 — trading 54.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.32, which is 66% below median its 10-year median of 0.95 and 86.1% below the Software industry median of 2.31. DXC Technology Co's overall GF Score™ is 51/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For DXC Technology Co (HAM:2XT), the current Cyclically Adjusted PB Ratio is 0.32 as of Jul. 15, 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 DXC Technology Co (HAM:2XT) Overvalued in 2026?

Based on GuruFocus' analysis, DXC Technology Co stock appears to be undervalued. The current stock price of €8.02 is trading 54.1% below its estimated GF Value™ of €17.47. GuruFocus considers DXC Technology Co to be Possible Value Trap.

Key valuation signals for HAM:2XT:

  • Cyclically Adjusted PB Ratio: 0.32 (66% below median its 10-year median of 0.95)
  • GF Value™: €17.47 vs. price of €8.02 (54.1% below fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 86.1% below the Software median (#136 of 1597)

No single metric tells the full story. See the HAM:2XT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DXC Technology Co Business Description

Address 20408 Bashan Drive, Suite 231, Ashburn, VA, USA, 20147
DXC Technology Co is a vendor-independent IT services provider. The company's operating segment includes Global Business Services (GBS) and Global Infrastructure Services (GIS). It generates maximum revenue from the GIS segment. GIS offerings include Cloud and Security; IT Outsourcing and Modern Workplace. Geographically, it derives a majority of revenue from the Other Europe region.
51GF Score

Get the complete analysis for HAM:2XT

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

€8.02
Price
€17.47
GF Value