Dell-VMWare Tracking Stock (XTER:12D) PB Ratio: 0.00 (As of Jul. 19, 2026)

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What is Dell-VMWare Tracking Stock PB Ratio?

Dell-VMWare Tracking Stock XTER:12D PB Ratio is 0.00 as of Jul. 19, 2026.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-19), Dell-VMWare Tracking Stock's share price is €0.00. Dell-VMWare Tracking Stock's Book Value per Share for the quarter that ended in Oct. 2018 was €23.47. Hence, Dell-VMWare Tracking Stock's PB Ratio of today is 0.00.

Good Sign:

Dell-VMWare Tracking Stock stock PB Ratio (=2.97) is close to 3-year low of 2.89

The historical rank and industry rank for Dell-VMWare Tracking Stock's PB Ratio or its related term are showing as below:

XTER:12D' s PB Ratio Range Over the Past 10 Years
Min: 2.89   Med: 3.68   Max: 4.75
Current: 2.97

During the past 2 years, Dell-VMWare Tracking Stock's highest PB Ratio was 4.75. The lowest was 2.89. And the median was 3.68.

XTER:12D's PB Ratio is not ranked
in the Software industry.
Industry Median: 2.37 vs XTER:12D: 2.97

During the past 12 months, Dell-VMWare Tracking Stock's average Book Value Per Share Growth Rate was 32.40% per year.

Back to Basics: PB Ratio

Dell-VMWare Tracking Stock  (XTER:12D) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Dell-VMWare Tracking Stock PB Ratio Related Terms

Dell-VMWare Tracking Stock PB Ratio Historical Data

* Premium members only.

The historical data trend for Dell-VMWare Tracking Stock's 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.

Dell-VMWare Tracking Stock PB Ratio Chart

Dell-VMWare Tracking Stock Annual Data
Trend Jan17 Jan18
PB Ratio
0.00 0.00

Dell-VMWare Tracking Stock Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
PB Ratio Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

XTER:12D vs CA, CTXS, PAGS: PB Ratio Comparison

For the Software - Infrastructure subindustry, Dell-VMWare Tracking Stock's PB Ratio, along with its competitors' market caps and 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-VMWare Tracking Stock PB Ratio vs Software Industry

For the Software industry and Technology sector, Dell-VMWare Tracking Stock's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dell-VMWare Tracking Stock's PB Ratio falls into.


Dell-VMWare Tracking Stock PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Dell-VMWare Tracking Stock's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Oct. 2018)
=0.00/23.469
=0.00

* 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.

It can also be calculated from the numbers for the whole company:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.00 mean?
Dell-VMWare Tracking Stock (XTER:12D) has a PB Ratio of 0.00 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dell-VMWare Tracking Stock and its competitors. Over the past decade, Dell-VMWare Tracking Stock's PB Ratio has ranged from 2.89 to 4.75.
Is Dell-VMWare Tracking Stock's PB Ratio too high?
Dell-VMWare Tracking Stock's current PB Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 2.89 to a high of 4.75.
How does Dell-VMWare Tracking Stock's PB Ratio compare to CA and CTXS?
Dell-VMWare Tracking Stock's PB Ratio of 0.00 can be compared against companies in the Software industry. The industry median PB Ratio is 2.37. Historically, Dell-VMWare Tracking Stock's own PB Ratio has ranged from 2.89 to 4.75 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Software company?
The median PB Ratio among Software companies is 2.37, based on 2,637 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dell-VMWare Tracking Stock and its competitors. For the Software industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dell-VMWare Tracking Stock's current PB Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dell-VMWare Tracking Stock stock overvalued right now?
Dell-VMWare Tracking Stock (XTER:12D) has a current PB Ratio of 0.00. The current PB Ratio is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Dell-VMWare Tracking Stock (XTER:12D), the current PB Ratio is 0.00 as of Jul. 19, 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.

Dell-VMWare Tracking Stock Business Description

Dell-VMWare Tracking Stock was incorporated in the state of Delaware on January 31, 2013 under the name of Denali Holding Inc. It changed its name to Dell Technologies Inc. on August 25, 2016. On September 7, 2016, a merger subsidiary of Dell Technologies merged with and into EMC Corporation, with EMC Corporation surviving the merger as a wholly-owned subsidiary of Dell Technologies. The company has issued a tracking stock to track the performance of a portion of Dell Technologies' economic interest in the VMware business. It is an information technology company. The company offers virtualization and cloud infrastructure solutions, which enable organizations to manage IT resources across complex multi-cloud, multi-device environments.