Stock Analysis on Net

EMC Corp. (NYSE:EMC)

This company has been moved to the archive! The financial data has not been updated since August 8, 2016.

Price to Book Value (P/BV) 
since 2005

Microsoft Excel

Calculation

EMC Corp., P/BV, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of EMC Corp. Annual Report.


The data indicates several key trends regarding the company's share price, book value per share (BVPS), and price-to-book value (P/BV) ratio over the examined period from 2006 to 2016.

Share Price
The share price exhibited considerable volatility during the period. Initially, it showed a slight decline from US$14.14 in 2006 to around US$13.75 in 2007, then increased to US$15.54 in 2008 before experiencing a notable drop to US$10.14 in 2009. From 2010 onward, the share price generally trended upwards, reaching its peak at US$28.94 in 2015 before slightly declining to US$25.93 in 2016. This pattern suggests a recovery and subsequent growth phase following the sharp decline in 2009.
Book Value Per Share (BVPS)
BVPS displayed a consistent upward trend throughout the entire period, increasing from US$5.08 in 2006 to a peak of US$11.01 in 2014 and 2015, before a marginal decrease to US$10.86 in 2016. This steady increase indicates continuous growth in the company’s net asset value on a per-share basis, reflecting underlying business expansion or retained earnings accumulation over the years.
Price-to-Book Value (P/BV) Ratio
The P/BV ratio fluctuated significantly during the period. It started at relatively high levels around 2.79-2.81 in 2006 and 2007, then declined markedly to 1.56 in 2009, coinciding with the drop in share price, suggesting a discount relative to book value during that year. After 2009, the ratio rebounded and peaked at 3.23 in 2011, implying an increased market valuation relative to book value possibly driven by share price appreciation. Subsequently, it gradually decreased and stabilized around the range of 2.19 to 2.63 in the later years, indicating a normalization in market valuation with respect to the book value.

Overall, the financial data reflects a period of recovery and growth following a downturn in 2009. The continuous increase in book value per share points to strengthening fundamentals, while fluctuations in share price and P/BV ratio reveal changing market perceptions and valuation adjustments over time.


Comparison to Competitors

EMC Corp., P/BV, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).


Comparison to Sector (Semiconductors & Semiconductor Equipment)

EMC Corp., P/BV, long-term trends, comparison to sector (semiconductors & semiconductor equipment)

Microsoft Excel

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).


Comparison to Industry (Information Technology)

EMC Corp., P/BV, long-term trends, comparison to industry (information technology)

Microsoft Excel

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).