Question 1

What is Dell Technologies's P/S ratio?

Accepted Answer

Dell Technologies (DELL) P/S ratio is 1.9× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Dell Technologies?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Dell Technologies specifically, the relevant sector benchmark is the current sector median of 5.7×.

Question 5

Is Dell Technologies's P/S ratio high or low?

Accepted Answer

Dell Technologies's P/S ratio of 1.9× is above its own 5-year average of 0.6× and below the sector median of 5.7×. That places the current reading at the 100th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Dell Technologies's historical P/S ratio range?

Accepted Answer

In the available daily series, Dell Technologies (DELL) P/S ratio has ranged from a low of 0.1× in 2015 to a high of 2.3× in 2026. The 5-year average is 0.6× and the 5-year median is 0.6×.

Question 7

What was Dell Technologies's P/S ratio in 2026?

Accepted Answer

Dell Technologies (DELL) P/S ratio at the end of 2026 was 0.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Dell Technologies's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$74.59B	$113.54B	0.7×	-0.1×	Jan 30, 2026
2025	$72.12B	$95.44B	0.8×	+0.1×	Jan 31, 2025
2024	$59.10B	$88.42B	0.7×	+0.4×	Jan 31, 2024
2023	$29.08B	$102.30B	0.3×	-0.2×	Jan 31, 2023
2022	$43.35B	$95.40B	0.5×	+0.2×	Jan 31, 2022
2021	$28.09B	$94.22B	0.3×	+0.1×	Jan 31, 2021
2020	$18.14B	$92.15B	0.2×	+0.0×	Jan 31, 2020
2019	$17.69B	$90.62B	0.2×	-0.0×	Jan 31, 2019
2018	$15.43B	$79.01B	0.2×	-0.0×	Jan 31, 2018
2017	$13.81B	$61.63B	0.2×	+0.1×	Jan 31, 2017
2016	$8.67B	$50.85B	0.2×	+0.1×	Jan 31, 2016
2015	$4.88B	$58.20B	0.1×	—	Jan 31, 2015


Uber (UBER)	2.7×
DocuSign (DOCU)	2.7×
Broadridge Financial Solutions (BR)	2.6×
Celestica (CLS)	2.3×
EchoStar (SATS)	2.3×
Gen Digital (GEN)	2.3×
GoDaddy (GDDY)	2.2×
Fidelity National Information Services (FIS)	2.1×
Skyworks Solutions (SWKS)	2.1×
Qorvo (QRVO)	1.9×
Zebra Technologies (ZBRA)	1.8×
Accenture (ACN)	1.8×
Amkor Technology (AMKR)	1.6×
Block (XYZ)	1.5×
Block (SQ)	1.4×
Fiserv (FISV)	1.4×
Cognizant (CTSH)	1.4×
EPAM Systems (EPAM)	1.3×
Hewlett Packard Enterprise (HPE)	1.0×
Jabil (JBL)	0.9×
Lyft (LYFT)	0.8×
CDW (CDW)	0.7×
Science Applications International (SAIC)	0.6×
Super Micro Computer (SMCI)	0.4×
HP (HPQ)	0.3×

P/S Ratio for Dell Technologies (DELL)

P/S Ratio daily chart for Dell Technologies (DELL)

Historical P/S Ratio for Dell Technologies (DELL) from 2015 to 2026

About P/S Ratio at Dell Technologies (DELL)

Dell Technologies P/S Ratio by Year

Dell Technologies P/S Ratio 2026: 0.7×

Dell Technologies P/S Ratio 2025: 0.8×

Dell Technologies P/S Ratio 2024: 0.7×

Dell Technologies P/S Ratio 2023: 0.3×

Dell Technologies P/S Ratio 2022: 0.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Dell Technologies (DELL) Key Financials

P/S Ratio daily chart for Dell Technologies (DELL)

Historical P/S Ratio for Dell Technologies (DELL) from 2015 to 2026

About P/S Ratio at Dell Technologies (DELL)

Dell Technologies P/S Ratio by Year

Dell Technologies P/S Ratio 2026: 0.7×

Dell Technologies P/S Ratio 2025: 0.8×

Dell Technologies P/S Ratio 2024: 0.7×

Dell Technologies P/S Ratio 2023: 0.3×

Dell Technologies P/S Ratio 2022: 0.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Dell Technologies's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for Dell Technologies?

+Is Dell Technologies's P/S ratio high or low?

+What is Dell Technologies's historical P/S ratio range?

+What was Dell Technologies's P/S ratio in 2026?

+Why does Dell Technologies's P/S ratio change over time?

Dell Technologies (DELL) Key Financials