Dell Technologies (BSP:D1EL34) Cyclically Adjusted PS Ratio: 3.08 (As of Aug. 11, 2026) — 218% Above Median

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BSP:D1EL34 Dell Technologies Inc BSP:D1EL34
61 GF Score
Price R$2,333.34
GF Value R$1,027.75
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Dell Technologies Cyclically Adjusted PS Ratio?

Dell Technologies BSP:D1EL34 +0.90% 61 Cyclically Adjusted PS Ratio is 3.08 as of Aug. 11, 2026, which is 218% above its 10-year median of 0.97. GuruFocus rates BSP:D1EL34 with a GF Score™ of 61/100 and a GF Value™ of R$1,027.75 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,979 Hardware companies, Dell Technologies ranks worse than 69.68% on this metric.

As of today (2026-08-11), Dell Technologies's current share price is R$2333.34. Dell Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was R$756.59. Dell Technologies's Cyclically Adjusted PS Ratio for today is 3.08.

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

BSP:D1EL34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 0.97   Max: 3.01
Current: 3.01

During the past years, Dell Technologies's highest Cyclically Adjusted PS Ratio was 3.01. The lowest was 0.69. And the median was 0.97.

BSP:D1EL34's Cyclically Adjusted PS Ratio is ranked worse than
69.68% of 1979 companies
in the Hardware industry
Industry Median: 1.39 vs BSP:D1EL34: 3.01

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Dell Technologies's adjusted revenue per share data for the three months ended in Apr. 2026 was R$336.427. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$756.59 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dell Technologies  (BSP:D1EL34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Dell Technologies Cyclically Adjusted PS Ratio Related Terms


Dell Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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

Dell Technologies Cyclically Adjusted PS Ratio Chart

Dell Technologies Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.79

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 PS 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 0.67 0.95 1.15 0.79 1.37

BSP:D1EL34 vs ANET, SNDK, STX: Cyclically Adjusted PS Ratio Comparison

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

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

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


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

Dell Technologies Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2333.34/756.59
=3.08

* 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 Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=336.427/333.0200*333.0200
=336.427

Current CPI (Apr. 2026) = 333.0200.

Dell Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 59.682 240.628 82.598
201610 72.036 241.729 99.241
201701 91.453 242.839 125.415
201704 78.646 244.524 107.109
201707 86.933 244.786 118.268
201710 86.895 246.663 117.317
201801 98.178 247.867 131.906
201804 101.332 250.546 134.688
201807 122.052 252.006 161.289
201810 117.696 252.885 154.992
201901 123.867 251.712 163.879
201904 113.694 255.548 148.162
201907 117.581 256.571 152.616
201910 124.348 257.346 160.913
202001 91.904 257.971 118.641
202004 154.210 256.389 200.301
202007 157.533 259.101 202.476
202010 171.327 260.388 219.117
202101 128.359 261.582 163.414
202104 160.863 267.054 200.598
202107 158.845 273.003 193.765
202110 185.826 276.589 223.739
202201 191.342 281.148 226.645
202204 159.197 289.109 183.376
202207 187.887 296.276 211.189
202210 174.747 298.012 195.275
202301 176.881 299.170 196.894
202304 142.551 303.363 156.487
202307 149.180 305.691 162.517
202310 152.025 307.671 164.550
202401 150.362 308.417 162.357
202404 156.962 313.548 166.710
202407 191.629 314.540 202.888
202410 191.251 315.664 201.766
202501 201.466 317.671 211.200
202504 192.835 320.795 200.184
202507 240.170 323.048 247.584
202510 213.784 0.000
202601 266.014 325.252 272.367
202604 336.427 333.020 336.427

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 3.08 mean?
Dell Technologies (BSP:D1EL34) has a Cyclically Adjusted PS Ratio of 3.08 as of Aug. 11, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Dell Technologies and its competitors. This is 218% above median its historical median of 0.97. Over the past decade, Dell Technologies' Cyclically Adjusted PS Ratio has ranged from 0.69 to 3.01. According to the industry distribution chart, Dell Technologies ranks #1379 out of 1979 companies in the Hardware industry, placing it in the top 69.7%.
Is Dell Technologies' Cyclically Adjusted PS Ratio too high?
Dell Technologies' current Cyclically Adjusted PS Ratio of 3.08 is 218% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 3.01. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Dell Technologies' value of 3.08 is 121.6% above this industry median. Based on the distribution chart, Dell Technologies ranks #1379 out of 1979 companies in the Hardware industry, which is below the industry midpoint. 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 PS Ratio compare to ANET and SNDK?
According to the Hardware industry distribution chart, Dell Technologies ranks #1379 out of 1979 companies for Cyclically Adjusted PS Ratio. This places Dell Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Dell Technologies' value of 3.08 is 121.6% above this benchmark. Historically, Dell Technologies' own Cyclically Adjusted PS Ratio has ranged from 0.69 to 3.01 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 1.39, Dell Technologies has consistently been above 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 PS Ratio for a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.39, based on 1,979 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dell Technologies's current Cyclically Adjusted PS Ratio of 3.08 is 121.6% above 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Dell Technologies and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dell Technologies's current Cyclically Adjusted PS Ratio is 3.08, which is 218% above median its own 10-year median of 0.97. 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$1,027.75, compared to a current price of R$2,333.34 — trading 127% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.08, which is 218% above median its 10-year median of 0.97 and 121.6% above the Hardware industry median of 1.39. Dell Technologies' overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Dell Technologies (BSP:D1EL34), the current Cyclically Adjusted PS Ratio is 3.08 as of Aug. 11, 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$2,333.34 is trading 127% above its estimated GF Value™ of R$1,027.75. GuruFocus considers Dell Technologies to be Significantly Overvalued.

Key valuation signals for BSP:D1EL34:

  • Cyclically Adjusted PS Ratio: 3.08 (218% above median its 10-year median of 0.97)
  • GF Value™: R$1,027.75 vs. price of R$2,333.34 (127% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 121.6% above the Hardware median (#1379 of 1979)

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

R$2,333.34
Price
R$1,027.75
GF Value