SanDisk (MEX:SNDK1) Cyclically Adjusted PB Ratio: 30.59 (As of Aug. 26, 2026) — 460% Above Median

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Founder & CEO of GuruFocus
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.

MEX:SNDK1 SanDisk Corp MEX:SNDK1
50 GF Score
Price MXN25,090.96
! 2 Warning Signs
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What is SanDisk Cyclically Adjusted PB Ratio?

SanDisk MEX:SNDK1 -0.23% 50 Cyclically Adjusted PB Ratio is 30.59 as of Aug. 26, 2026, which is 460% above its 10-year median of 5.46. GuruFocus rates MEX:SNDK1 with a GF Score™ of 50/100. The stock has 2 warning signs investors should review. Among 1,939 Hardware companies, SanDisk ranks worse than 98.4% on this metric.

As of today (2026-08-26), SanDisk's current share price is MXN25090.96. SanDisk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN820.15. SanDisk's Cyclically Adjusted PB Ratio for today is 30.59.

The historical rank and industry rank for SanDisk's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:SNDK1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 5.46   Max: 49.38
Current: 31.5

During the past years, SanDisk's highest Cyclically Adjusted PB Ratio was 49.38. The lowest was 0.78. And the median was 5.46.

MEX:SNDK1's Cyclically Adjusted PB Ratio is ranked worse than
98.4% of 1939 companies
in the Hardware industry
Industry Median: 2.04 vs MEX:SNDK1: 31.50

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 adjusted book value per share data for the three months ended in Jun. 2026 was MXN1,880.668. 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 MXN820.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SanDisk  (MEX:SNDK1) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


SanDisk Cyclically Adjusted PB Ratio Related Terms


SanDisk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SanDisk's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

SanDisk Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.14 48.38

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 PB Ratio 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 1.14 2.74 5.68 14.36 48.38

MEX:SNDK1 vs ANET, STX, WDC: Cyclically Adjusted PB Ratio 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.


MEX:SNDK1
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SanDisk Corp MEX:SNDK1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SanDisk Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25090.96/820.15
=30.59

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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)
=1880.668/333.9520*333.9520
=1,880.668

Current CPI (Jun. 2026) = 333.9520.

SanDisk Quarterly Data

Book Value per Share CPI Adj_Book
200903 199.032 212.709 312.479
200906 189.454 215.693 293.327
200909 210.265 215.969 325.132
200912 223.300 215.949 345.320
201003 222.341 217.631 341.179
201006 251.678 217.965 385.605
201009 279.214 218.439 426.866
201012 302.760 219.179 461.300
201103 299.686 223.467 447.855
201106 311.744 225.722 461.220
201109 385.033 226.889 566.720
201112 406.325 225.672 601.284
201203 369.855 229.392 538.440
201206 390.975 229.478 568.973
201209 383.692 231.407 553.720
201212 390.029 229.601 567.293
201303 370.546 232.773 531.611
201306 397.133 233.504 567.970
201309 384.680 234.149 548.645
201312 405.099 233.049 580.494
201403 407.332 236.293 575.681
201406 413.731 238.343 579.695
201409 421.483 238.031 591.331
201412 446.313 234.812 634.751
201503 428.072 236.119 605.438
201506 431.474 238.638 603.808
201509 474.384 237.945 665.790
201512 491.015 236.525 693.269
201603 452.125 238.132 634.052
202312 0.000 306.746 0.000
202403 0.000 312.332 0.000
202406 1,400.161 314.175 1,488.300
202409 0.000 315.301 0.000
202412 1,738.120 315.605 1,839.162
202503 1,292.535 319.799 1,349.737
202506 1,188.561 322.561 1,230.534
202509 1,170.659 324.800 1,203.645
202512 1,242.515 324.054 1,280.467
202603 1,678.625 330.213 1,697.632
202606 1,880.668 333.952 1,880.668

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

What does a Cyclically Adjusted PB Ratio of 30.59 mean?
SanDisk (MEX:SNDK1) has a Cyclically Adjusted PB Ratio of 30.59 as of Aug. 26, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on SanDisk and its competitors. This is 460% above median its historical median of 5.46. Over the past decade, SanDisk's Cyclically Adjusted PB Ratio has ranged from 0.78 to 49.38. According to the industry distribution chart, SanDisk ranks #1908 out of 1939 companies in the Hardware industry, placing it in the top 98.4%.
Is SanDisk's Cyclically Adjusted PB Ratio too high?
SanDisk's current Cyclically Adjusted PB Ratio of 30.59 is 460% above median its 10-year median of 5.46. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 49.38. The Hardware industry median Cyclically Adjusted PB Ratio is 2.04. SanDisk's value of 30.59 is 1399.5% above this industry median. Based on the distribution chart, SanDisk ranks #1908 out of 1939 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, SanDisk has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does SanDisk's Cyclically Adjusted PB Ratio compare to ANET and STX?
According to the Hardware industry distribution chart, SanDisk ranks #1908 out of 1939 companies for Cyclically Adjusted PB Ratio. This places SanDisk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.04. SanDisk's value of 30.59 is 1399.5% above this benchmark. Historically, SanDisk's own Cyclically Adjusted PB Ratio has ranged from 0.78 to 49.38 over the past decade. While the company's 10-year median is 5.46 vs. the industry median of 2.04, SanDisk has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.04, based on 1,939 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SanDisk's current Cyclically Adjusted PB Ratio of 30.59 is 1399.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on SanDisk and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SanDisk's current Cyclically Adjusted PB Ratio is 30.59, which is 460% above median its own 10-year median of 5.46. 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 (MEX:SNDK1) has a current Cyclically Adjusted PB Ratio of 30.59. The current Cyclically Adjusted PB Ratio is 30.59, which is 460% above median its 10-year median of 5.46 and 1399.5% above the Hardware industry median of 2.04. SanDisk's overall GF Score™ is 50/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For SanDisk (MEX:SNDK1), the current Cyclically Adjusted PB Ratio is 30.59 as of Aug. 26, 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.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN25,090.96
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