Dell TechnologiesXSWX:DELL 69 PS Ratio is 2.01 as of Jul. 04, 2026, which is 379% above its 10-year median of 0.42. GuruFocus rates XSWX:DELL with a GF Score™ of 69/100 and a GF Value™ of CHF156.60. The stock has 8 warning signs investors should review. Among 2,470 Hardware companies, Dell Technologies ranks worse than 50.04% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Dell Technologies's share price is CHF318.95.
Dell Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was CHF158.37. Hence, Dell Technologies's PS Ratio for today is 2.01.
Warning Sign:
Dell Technologies Inc stock PS Ratio (=1.97) is close to 10-year high of 2.11.
The historical rank and industry rank for Dell Technologies's PS Ratio or its related term are showing as below:
XSWX:DELL'
s PS Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.42 Max: 2.11
Current: 1.97
During the past 12 years, Dell Technologies's highest PS Ratio was 2.11. The lowest was 0.15. And the median was 0.42.
XSWX:DELL's PS Ratio is ranked worse than 50.04% of 2470
companies
in the Hardware industry
Industry Median: 1.955
vs XSWX:DELL: 1.97
Dell Technologies Inc has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Dell Technologies was 47.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 6.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 5.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 6.10% per year.
During the past 12 years, Dell Technologies's highest 3-Year average Revenue per Share Growth Rate was 21.20% per year. The lowest was 0.50% per year. And the median was 6.40% per year.
Back to Basics: PS Ratio
Dell Technologies (XSWX:DELL) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Dell Technologies PS Ratio Related Terms
Dell Technologies PS Ratio Historical Data
* Premium members only.
The historical data trend for Dell Technologies's 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.
For the Computer Hardware subindustry, Dell Technologies's PS Ratio, along with its competitors' market caps and 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 PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Dell Technologies's PS Ratio distribution charts can be found below:
* The bar in red indicates where Dell Technologies's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Dell Technologies's Share Price of today is CHF318.95. Dell Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF158.37.
* 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:
Dell Technologies (XSWX:DELL) has a PS Ratio of 2.01 as of Jul. 04, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Dell Technologies and its competitors. This is 379% above median its historical median of 0.42. Over the past decade, Dell Technologies' PS Ratio has ranged from 0.15 to 2.11. According to the industry distribution chart, Dell Technologies ranks #1236 out of 2470 companies in the Hardware industry, placing it in the top 50%.
Is Dell Technologies' PS Ratio too high?
Dell Technologies' current PS Ratio of 2.01 is 379% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 2.11. The Hardware industry median PS Ratio is 1.96. Dell Technologies' value of 2.01 is 2.8% above this industry median. Based on the distribution chart, Dell Technologies ranks #1236 out of 2470 companies in the Hardware industry, which is above the industry midpoint. Overall, Dell Technologies has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Dell Technologies' PS Ratio compare to SNDK and STX?
According to the Hardware industry distribution chart, Dell Technologies ranks #1236 out of 2470 companies for PS Ratio. This puts Dell Technologies in the upper half of its industry. The industry median PS Ratio is 1.96. Dell Technologies' value of 2.01 is 2.8% above this benchmark. Historically, Dell Technologies' own PS Ratio has ranged from 0.15 to 2.11 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.96, 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 PS Ratio for a Hardware company?
The median PS Ratio among Hardware companies is 1.96, based on 2,470 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dell Technologies's current PS Ratio of 2.01 is 2.8% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Dell Technologies and its competitors. For the Hardware industry, the median PS Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dell Technologies's current PS Ratio is 2.01, which is 379% above median its own 10-year median of 0.42. 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?
Dell Technologies (XSWX:DELL) has a current PS Ratio of 2.01. The stock's GF Value™ is CHF156.60, compared to a current price of CHF318.95 — trading 103.7% above its estimated fair value. The current PS Ratio is 2.01, which is 379% above median its 10-year median of 0.42 and 2.8% above the Hardware industry median of 1.96. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Dell Technologies (XSWX:DELL), the current PS Ratio is 2.01 as of Jul. 04, 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 (XSWX:DELL) Overvalued in 2026?
Based on GuruFocus' analysis, Dell Technologies stock appears to be overvalued.
The current stock price of CHF318.95 is trading 103.7% above its estimated GF Value™ of CHF156.60.
Key valuation signals for XSWX:DELL:
PS Ratio: 2.01 (379% above median its 10-year median of 0.42)
GF Value™: CHF156.60 vs. price of CHF318.95 (103.7% above fair value)
Industry Position: 2.8% above the Hardware median (#1236 of 2470)
No single metric tells the full story. See the XSWX:DELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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