DELL (Dell Technologies) Cyclically Adjusted Revenue per Share: $151.98 (As of Apr. 2026)


DELL Dell Technologies Inc DELL
69 GF Score
Price $434.97
GF Value $195.20
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Dell Technologies Cyclically Adjusted Revenue per Share?

Dell Technologies DELL -3.39% 69 Cyclically Adjusted Revenue per Share is $151.98 as of Apr. 2026. GuruFocus rates DELL with a GF Score™ of 69/100 and a GF Value™ of $195.20 (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 Revenue per Share and 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 for the three months ended in Apr. 2026 was $66.832. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $151.98 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Dell Technologies's average Cyclically Adjusted Revenue Growth Rate was 11.50% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2026-07-12), Dell Technologies's current stock price is $434.97. Dell Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $151.98. Dell Technologies's Cyclically Adjusted PS Ratio of today is 2.86.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Dell Technologies was 2.86. The lowest was 0.69. And the median was 0.95.


Dell Technologies  (NYSE:DELL) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=434.97/151.98
=2.86

* 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 PS Ratio of Dell Technologies was 2.86. The lowest was 0.69. And the median was 0.95.


Be Aware

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


Dell Technologies Cyclically Adjusted Revenue per Share Related Terms


Dell Technologies Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Dell Technologies's Cyclically Adjusted Revenue 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 Revenue per Share Chart

Dell Technologies Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 144.22

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 Revenue 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 136.29 139.14 141.46 144.22 151.98

DELL vs SNDK, STX, WDC: Cyclically Adjusted Revenue per Share 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.


DELL
69GF Score
Dell Technologies Inc DELL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Dell Technologies Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

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)
=66.832/333.0200*333.0200
=66.832

Current CPI (Apr. 2026) = 333.0200.

Dell Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 18.206 240.628 25.196
201610 22.614 241.729 31.154
201701 28.668 242.839 39.314
201704 25.054 244.524 34.121
201707 27.172 244.786 36.966
201710 27.220 246.663 36.750
201801 30.571 247.867 41.073
201804 29.726 250.546 39.511
201807 31.933 252.006 42.199
201810 31.293 252.885 41.209
201901 33.159 251.712 43.870
201904 29.172 255.548 38.016
201907 31.119 256.571 40.391
201910 30.459 257.346 39.416
202001 22.139 257.971 28.580
202004 29.003 256.389 37.672
202007 29.873 259.101 38.395
202010 30.457 260.388 38.953
202101 23.915 261.582 30.446
202104 28.887 267.054 36.022
202107 30.777 273.003 37.543
202110 33.533 276.589 40.375
202201 34.601 281.148 40.985
202204 33.482 289.109 38.567
202207 35.000 296.276 39.341
202210 33.272 298.012 37.181
202301 34.067 299.170 37.922
202304 28.388 303.363 31.163
202307 31.076 305.691 33.854
202310 30.069 307.671 32.546
202401 30.573 308.417 33.012
202404 30.597 313.548 32.497
202407 34.566 314.540 36.597
202410 33.983 315.664 35.851
202501 33.517 317.671 35.136
202504 33.302 320.795 34.571
202507 43.405 323.048 44.745
202510 39.713 0.000
202601 49.894 325.252 51.086
202604 66.832 333.020 66.832

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $151.98 mean?
Dell Technologies (DELL) has a Cyclically Adjusted Revenue per Share of $151.98 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Dell Technologies and its competitors.
Is Dell Technologies' Cyclically Adjusted Revenue per Share too high?
Dell Technologies' current Cyclically Adjusted Revenue per Share is $151.98. Overall, Dell Technologies has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dell Technologies' Cyclically Adjusted Revenue per Share compare to SNDK and STX?
Dell Technologies' Cyclically Adjusted Revenue per Share of $151.98 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 Revenue per Share for a Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware industry context. However, Cyclically Adjusted Revenue 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 Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Dell Technologies and its competitors. Dell Technologies's current Cyclically Adjusted Revenue per Share is $151.98. 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 (DELL) is currently considered Significantly Overvalued. The stock's GF Value™ is $195.20, compared to a current price of $434.97 — trading 122.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $151.98. Dell Technologies' overall GF Score™ is 69/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Dell Technologies (DELL), the current Cyclically Adjusted Revenue per Share is $151.98 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 (DELL) Overvalued in 2026?

Based on GuruFocus' analysis, Dell Technologies stock appears to be overvalued. The current stock price of $434.97 is trading 122.8% above its estimated GF Value™ of $195.20. GuruFocus considers Dell Technologies to be Significantly Overvalued.

Key valuation signals for DELL:

  • Cyclically Adjusted Revenue per Share: $151.98
  • GF Value™: $195.20 vs. price of $434.97 (122.8% above fair value)
  • GF Score™: 69/100 with 8 warning signs

No single metric tells the full story. See the DELL 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.
69GF Score

Get the complete analysis for DELL

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

$434.97
Price
$195.20
GF Value