SanDisk (TSX:SNDK) Cyclically Adjusted Book per Share: C$1.15 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:SNDK SanDisk Corp TSX:SNDK
51 GF Score
Price C$37.79
! 2 Warning Signs
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What is SanDisk Cyclically Adjusted Book per Share?

SanDisk TSX:SNDK +0.35% 51 Cyclically Adjusted Book per Share is C$1.15 as of Jun. 2026. GuruFocus rates TSX:SNDK with a GF Score™ of 51/100. The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

SanDisk's adjusted book value per share for the three months ended in Jun. 2026 was C$151.260. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$1.15 for the trailing ten years ended in Jun. 2026.

During the past 12 months, SanDisk's average Cyclically Adjusted Book Growth Rate was 18.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of SanDisk was 16.00% per year. The lowest was 5.40% per year. And the median was 10.15% per year.

As of today (2026-09-04), SanDisk's current stock price is C$37.79. SanDisk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$1.15. SanDisk's Cyclically Adjusted PB Ratio of today is 32.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SanDisk was 49.38. The lowest was 0.78. And the median was 5.52.


SanDisk  (TSX:SNDK) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

SanDisk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.79/1.15
=32.86

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SanDisk was 49.38. The lowest was 0.78. And the median was 5.52.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


SanDisk Cyclically Adjusted Book per Share Related Terms


SanDisk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for SanDisk's Cyclically Adjusted 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.

SanDisk Cyclically Adjusted Book per Share Chart

SanDisk Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.15

SanDisk Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted 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 0.00 0.00 0.00 0.00 1.15

TSX:SNDK vs ANET, STX, WDC: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, SanDisk's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio 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 Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, SanDisk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SanDisk's Cyclically Adjusted PB Ratio falls into.


TSX:SNDK
51GF Score
SanDisk Corp TSX:SNDK
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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SanDisk Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, SanDisk's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=151.26/333.9520*333.9520
=151.260

Current CPI (Jun. 2026) = 333.9520.

SanDisk Quarterly Data

Book Value per Share CPI Adj_Book
200903 17.711 212.709 27.806
200906 16.204 215.693 25.088
200909 16.870 215.969 26.086
200912 18.019 215.949 27.865
201003 18.490 217.631 28.373
201006 20.353 217.965 31.184
201009 22.842 218.439 34.921
201012 24.649 219.179 37.556
201103 24.559 223.467 36.701
201106 25.979 225.722 38.436
201109 28.031 226.889 41.258
201112 29.810 225.672 44.113
201203 28.690 229.392 41.767
201206 29.970 229.478 43.614
201209 29.182 231.407 42.114
201212 29.780 229.601 43.315
201303 30.822 232.773 44.219
201306 31.526 233.504 45.088
201309 30.242 234.149 43.132
201312 32.905 233.049 47.152
201403 34.653 236.293 48.975
201406 34.548 238.343 48.407
201409 34.564 238.031 48.492
201412 34.894 234.812 49.627
201503 35.431 236.119 50.111
201506 34.003 238.638 47.584
201509 37.242 237.945 52.269
201512 39.158 236.525 55.288
201603 34.738 238.132 48.716
202312 0.000 306.746 0.000
202403 0.000 312.332 0.000
202406 104.744 314.175 111.338
202409 0.000 315.301 0.000
202412 118.735 315.605 125.637
202503 90.700 319.799 94.714
202506 86.277 322.561 89.324
202509 88.284 324.800 90.772
202512 95.195 324.054 98.103
202603 127.717 330.213 129.163
202606 151.260 333.952 151.260

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of C$1.15 mean?
SanDisk (TSX:SNDK) has a Cyclically Adjusted Book per Share of C$1.15 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on SanDisk and its competitors.
Is SanDisk's Cyclically Adjusted Book per Share too high?
SanDisk's current Cyclically Adjusted Book per Share is C$1.15. Overall, SanDisk has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does SanDisk's Cyclically Adjusted Book per Share compare to ANET and STX?
SanDisk's Cyclically Adjusted Book per Share of C$1.15 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on SanDisk and its competitors. SanDisk's current Cyclically Adjusted Book per Share is C$1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SanDisk stock overvalued right now?
SanDisk (TSX:SNDK) has a current Cyclically Adjusted Book per Share of C$1.15. The current Cyclically Adjusted Book per Share is C$1.15. SanDisk's overall GF Score™ is 51/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For SanDisk (TSX:SNDK), the current Cyclically Adjusted Book per Share is C$1.15 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SanDisk Business Description

Address 951 SanDisk Drive, Milpitas, CA, USA, 95035
Sandisk is one of the five largest suppliers of NAND flash memory semiconductors globally. Sandisk is vertically integrated, producing substantially all of its flash chips at manufacturing sites across Japan via a joint-venture framework with Kioxia. Sandisk then repackages most of its chips into SSDs for consumer electronics, external storage, or cloud storage. Sandisk was formerly a piece of Western Digital for nine years (after being acquired in 2016) and was spun off as an independent company in 2025.
51GF Score

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Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$37.79
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