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SanDisk (SanDisk) Tangible Book per Share : $20.85 (As of Mar. 2016)


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What is SanDisk Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. SanDisk's tangible book value per share for the quarter that ended in Mar. 2016 was $20.85.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


SanDisk Tangible Book per Share Historical Data

The historical data trend for SanDisk's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SanDisk Tangible Book per Share Chart

SanDisk Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.30 28.23 28.42 23.89 22.94

SanDisk Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.97 21.52 22.22 22.94 20.85

Competitive Comparison of SanDisk's Tangible Book per Share

For the Computer Hardware subindustry, SanDisk's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SanDisk's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SanDisk's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where SanDisk's Price-to-Tangible-Book falls into.



SanDisk Tangible Book per Share Calculation

SanDisk's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2015 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(5738.924-0-1128.054)/200.973
=22.94

SanDisk's Tangible Book Value Per Share for the quarter that ended in Mar. 2016 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(5330.075-0-1097.972)/202.935
=20.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


SanDisk  (NAS:SNDK) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


SanDisk Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of SanDisk's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SanDisk (SanDisk) Business Description

Industry
Traded in Other Exchanges
N/A
Address
SanDisk Corp was incorporated in Delaware in June 1988. The Company designs, develops and manufactures data storage solutions in a variety of form factors using flash memory, controller, firmware and software technologies. Its solutions include SSDs, embedded products, removable cards, universal serial bus, or USB, drives, wireless media drives, digital media players and wafers and components. The Company's SSD products are used in both client computing platforms and enterprise data centers. Its embedded flash products are used in mobile phones, tablets, computing platforms, imaging devices, and many other products. Its removable cards are used in consumer electronics devices such as mobile phones, tablets, digital cameras, gaming devices and personal computers or PCs. The Company operates in one segment, flash memory storage products. It operates in United States, China, Taiwan, Other Asia-Pacific & Europe, Middle East and Africa. The Company competes with NAND flash memory manufacturers, including Hynix, Intel, Micron Technology, Inc., or Micron, Samsung and Toshiba. The Company's primary competitors currently include, among others, Kingston Technology Company, Inc., or Kingston, Lexar Media, Inc., or Lexar, a subsidiary of Micron, PNY Technologies, Inc., or PNY, Samsung, Sony and Transcend Information, Inc., or Transcend. In the USB flash drive market. SanDisk is the Company's trademark, and is registered in the U.S. and other countries.
Executives
Judy Bruner officer: Exec. VP, Administration, CFO C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035
Mark David Brazeal officer: SVP, Chief Legal Officer & IP 1320 RIDDER PARK DRIVE, SAN JOSE CA 95131
Eddy W Hartenstein director
Chenming Hu director 2060 PEBBLE DRIVE, ALAMO CA 94507
Catherine P Lego director C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
Michael E Marks director
Steven J Gomo director 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Sanjay Mehrotra director, officer: President/CEO C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Robertson Donald F Jr officer: VP & Chief Accounting Officer C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Srinivasan Sivaram officer: EVP, Memory Technology C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Irwin Federman director 2735 SAND HILL ROAD, MENLO PARK CA 94025
Sumit Sadana officer: EVP, CSO & GM Enterprise 47544 AVALON HEIGHTS TERRACE, FREMONT CA 94539
Eric S Whitaker officer: SVP & Senior Legal Officer
Kevin A Denuccio director 300 HOLGER WAY, SAN JOSE CA 95134
Randhir Thakur officer: EVP,Technology & Worldwide Ops C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039

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