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DELL (Dell Technologies) Cyclically Adjusted Book per Share : $4.13 (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 $-4.424. 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 $4.13 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 (2025-07-10), Dell Technologies's current stock price is $127.91. Dell Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was $4.13. Dell Technologies's Cyclically Adjusted PB Ratio of today is 30.97.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Dell Technologies was 30.82. The lowest was 22.90. And the median was 27.54.


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
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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)
=-4.424/135.3468*135.3468
=-4.424

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 2.188 99.957 2.963
201604 0.000 100.947 0.000
201607 3.123 101.524 4.163
201610 19.580 101.988 25.984
201701 18.755 102.456 24.776
201704 16.471 103.167 21.609
201707 15.701 103.278 20.576
201710 13.754 104.070 17.888
201801 16.846 104.578 21.802
201804 15.769 105.708 20.190
201807 14.781 106.324 18.816
201810 13.483 106.695 17.104
201901 -6.355 106.200 -8.099
201904 -6.523 107.818 -8.188
201907 -1.968 108.250 -2.461
201910 -1.193 108.577 -1.487
202001 -1.268 108.841 -1.577
202004 -1.585 108.173 -1.983
202007 0.256 109.318 0.317
202010 1.883 109.861 2.320
202101 3.919 110.364 4.806
202104 5.295 112.673 6.361
202107 6.307 115.183 7.411
202110 11.674 116.696 13.540
202201 -2.226 118.619 -2.540
202204 -3.296 121.978 -3.657
202207 -3.896 125.002 -4.218
202210 -4.831 125.734 -5.200
202301 -4.360 126.223 -4.675
202304 -4.147 127.992 -4.385
202307 -3.829 128.974 -4.018
202310 -3.726 129.810 -3.885
202401 -3.153 130.124 -3.280
202404 -3.972 132.289 -4.064
202407 -4.101 132.708 -4.183
202410 -3.255 133.182 -3.308
202501 -2.129 134.029 -2.150
202504 -4.424 135.347 -4.424

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


Dell Technologies  (NYSE: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.

Dell Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=127.91/4.13
=30.97

* 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 30.82. The lowest was 22.90. And the median was 27.54.


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.
Executives
Yvonne Mcgill officer: Chief Financial Officer ONE DELL WAY, ROUND ROCK TX 78682
Brunilda Rios officer: Chief Accounting Officer C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682
Radakovich Lynn Vojvodich director C/O BOOKING HOLDINGS INC., 800 CONNECTICUT AVENUE, NORWALK CT 06854
Slta Iv (gp), L.l.c. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slta V (gp), L.l.c. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Group, L.l.c. director 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Michael S Dell director, 10 percent owner, officer: Chief Executive Officer C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
William F Scannell officer: Pres., Glob. Sales & Cust. Ops EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
David W Dorman director CVS HEALTH., ONE CVS DRIVE, WOONSOCKET RI 02895
Richard J Rothberg officer: General Counsel & Secretary ONE DELL WAY, ROUND ROCK TX 78682
Jennifer D. Saavedra officer: Chief Human Resources Officer C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682
Steven M Mollenkopf director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Anthony Charles Whitten officer: Co-Chief Operating Officer C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682
Allison Dew officer: Chief Marketing Officer C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682
Thomas W Sweet officer: Chief Financial Officer ONE DELL WAY, ROUND ROCK TX 78682