Dell Technologies Inc. (DELL) Valuation
Historical valuation analysis based on 1281 data points (2021-09-10 to 2026-10-16)
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 d...
Dell Technologies Inc. (DELL) currently trades at a P/E ratio of 25.65 (historical range: 12.24–40.59, median: 20.72), placing it at the 76th percentile — above its historical average, P/S ratio of 1.93 (range: 0.55–2.50, 90th percentile — expensive relative to its history), EV/EBITDA of 21.88 (range: 13.19–30.57, 82th percentile).
Over the historical period (2021-09-10 to 2026-10-16), Dell Technologies Inc.'s P/E ratio has expanded by 26% over the observed period (from an average of 18.0 to 22.8).
Dell Technologies Inc. trades well above its own historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 25.65 | 20.72 | 76th | above its historical average |
| P/S Ratio | 1.93 | 0.91 | 90th | expensive relative to its history |
| EV/EBITDA | 21.88 | 18.31 | 82th | expensive relative to its history |
| FCF Yield | 2.93% | 4.67% | 16th | expensive relative to its history |
Dell Technologies Inc. (DELL) Valuation & P/E History
Dell Technologies Inc. (DELL) is a US-listed stock operating in the Technology sector, specifically the Electronic Computers industry currently trading at $446.82 with a market capitalization of $284.1 billion. This page provides historical valuation analysis for DELL based on 1281 data points covering 2021-09-10 to 2026-10-16. The P/E ratio of 25.65 is above the historical median of 20.72, placing DELL at the 76th percentile of its valuation range. The P/S ratio of 1.93 compares to a median of 0.91.
DELL Valuation Metrics & Historical Range
The valuation table above shows Dell Technologies Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether DELL is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests DELL is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Dell Technologies Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is DELL Overvalued or Undervalued?
Dell Technologies Inc. trades well above its own historical valuation range across most metrics. The overall valuation percentile of 83 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive DELL is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full DELL analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.DELL trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

