DELL
Dell Technologies
PE ratio, current and historical analysis
- Stocks
- Technology
- NYSE: DELL
- PE Ratio
As of Jul 2, 2026, the DELL stock has a PE ratio of 31.02. The calculation is based on the latest EPS of $12.71 and the stock price of $394.32 per share. An increase of 79% has been observed in the PE ratio compared to its average of 17.3 of the last four quarters.
DELL PE ratio history
The mean historical PE ratio of Dell Technologies over the last ten years is 16.56. The current 31.02 P/E ratio is 87% higher than the historical average. Looking back at the last ten years, DELL's PE ratio peaked in the Oct 2016 quarter at 61.48, with a price of $27.05 and an EPS of $0.44. The Apr 2022 quarter marked the lowest point at 6.24, with a price of $47.01 and an EPS of $7.53.
Dell Technologies PE ratio by year
Maximum annual increase: 118.32% in 2021
Maximum annual decrease: -65.7% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 13.02 | -18.16% | $114.44 | $8.79 |
| 2025 | 15.91 | -13.2% | $103.6 | $6.51 |
| 2024 | 18.33 | 44.56% | $86.32 | $4.71 |
| 2023 | 12.68 | 64.68% | $42.24 | $3.33 |
| 2022 | 7.7 | -53.84% | $56.24 | $7.3 |
| 2021 | 16.68 | 118.32% | $72.89 | $4.37 |
| 2020 | 7.64 | -7.51% | $48.77 | $6.38 |
| 2019 | 8.26 | -65.7% | $49.65 | $6.01 |
| 2018 | 24.08 | -8.06% | $39.25 | $1.63 |
| 2017 | 26.19 | N/A | $35.62 | $1.36 |
| 2016 | N/A | N/A | N/A | $0 |
| 2015 | N/A | N/A | N/A | $0 |
Dell Technologies PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| May 2026 | 16.54 | 27.04% | $210.17 | $12.71 |
| Jan 2026 | 13.02 | -38.93% | $114.44 | $8.79 |
| Oct 2025 | 21.32 | 16.57% | $162.01 | $7.6 |
| Aug 2025 | 18.29 | 25.53% | $127.32 | $6.96 |
| May 2025 | 14.57 | -8.42% | $94.59 | $6.49 |
| Jan 2025 | 15.91 | -24.49% | $103.6 | $6.51 |
| Nov 2024 | 21.07 | 22.14% | $130.87 | $6.21 |
| Aug 2024 | 17.25 | -26.66% | $102.29 | $5.93 |
| May 2024 | 23.52 | 28.31% | $125.1 | $5.32 |
| Feb 2024 | 18.33 | -2.45% | $86.32 | $4.71 |
| Nov 2023 | 18.79 | -6.47% | $69.51 | $3.7 |
| Aug 2023 | 20.09 | 19.51% | $53.24 | $2.65 |
| May 2023 | 16.81 | 32.57% | $45.39 | $2.7 |
| Feb 2023 | 12.68 | -20.65% | $42.24 | $3.33 |
| Oct 2022 | 15.98 | 152.85% | $39.16 | $2.45 |
DELL Price vs fair value
DELL average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, DELL's PE ratio is higher than its 3 and 5-year averages.
PE comparison
Dell Technologies's price to earnings (P/E) of 31.02 is lower than the Technology sector and the industry average. In comparison with the Technology sector average of 37.28, Dell Technologies's price to earnings (P/E) is 17% lower.
DELL PE vs peers
In comparison to its peer stock NVDA, DELL's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NVDA Nvidia Corp | 29.7 | $4.71T |
| DELL Dell Technologies Inc | 31.02 | $255.56B |
Frequently asked questions
What is Dell Technologies's PE ratio?
As of Jul 2, 2026, DELL stock has a price to earnings ratio of 31.02.
What is the 3-year average PE ratio for Dell Technologies (DELL)?
The average PE ratio for DELL stock over the past 3 years is 18.23.
What is the 5-year average PE ratio for Dell Technologies (DELL)?
The average PE ratio for DELL stock over the past 5 years is 15.8.
What is the highest PE ratio for DELL?
Over the last ten years, the quarterly PE ratio reached its highest level at 61.48 in the Oct 2016 quarter.
How does the current PE ratio for DELL compare to its historical average?
DELL's current price to earnings ratio is 87% above its 10-year historical average.
How is DELL's PE ratio calculated (Dell Technologies PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 2, 2026), Dell Technologies's share price is $394.32. The company's earnings per share for the trailing twelve months (TTM) ending May 2026 is $12.71. Therefore, Dell Technologies's PE ratio for today is 31.02. PE RATIO(31.02) = STOCK PRICE($394.32) / TTM EPS($12.71)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.