Dell Technologies price to book ratio DELL

Market value divided by the book value of the company's net assets, since 2016.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 4.4×; Mar 2022
10-year median: 2.3×
10-year range: 0.9× to 38.3×
Peer median: 14.7×

Dell Technologies' price to book ratio is not a meaningful number today: shareholders' equity was zero, negative or not reported, so price to book does not exist.

It was last meaningful in Mar 2022, at 4.4×.

On the days it had one over the last ten years, its median was 2.3×, from 0.9× in Dec 2016 to 38.3× in Mar 2021.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2022	4.4×	4.4×	5.2×
2021	4.8×	4.7×	38.3×
2020	31.5×	30.8×	31.5×
2019	3.0×	2.2×	3.1×
2018	2.3×	1.5×	3.0×
2017	1.8×	0.9×	1.9×
2016	0.9×	0.9×	3.6×

Against its peers

Companies in Computer Hardware nearest Dell Technologies' size, closest first, today.

Company	Price to book ratio
DELLDell Technologies	n/m
ANETArista Networks	14.7×
SNDKSandisk	11.5×
STXSeagate Technology	65.9×
WDCWestern Digital	13.3×
HPEHewlett Packard Enterprise	2.8×
NTAPNetApp	28.3×
PEverpure	26.7×
HPQHP	n/m
Peer median	14.7×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Dell Technologies

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.