SNDK (SanDisk) Cyclically Adjusted PB Ratio: 27.46 (As of Aug. 01, 2026) — 462% Above Median

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SNDK SanDisk Corp SNDK
46 GF Score
Price $1,214.83
! 3 Warning Signs
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What is SanDisk Cyclically Adjusted PB Ratio?

SanDisk SNDK -5.09% 46 Cyclically Adjusted PB Ratio is 27.46 as of Aug. 01, 2026, which is 462% above its 10-year median of 4.89. GuruFocus rates SNDK with a GF Score™ of 46/100. The stock has 3 warning signs investors should review. Among 1,974 Hardware companies, SanDisk ranks worse than 98.58% on this metric.

As of today (2026-08-01), SanDisk's current share price is $1214.83. SanDisk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $44.24. SanDisk's Cyclically Adjusted PB Ratio for today is 27.46.

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

SNDK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 4.89   Max: 49.38
Current: 27.46

During the past years, SanDisk's highest Cyclically Adjusted PB Ratio was 49.38. The lowest was 0.78. And the median was 4.89.

SNDK's Cyclically Adjusted PB Ratio is ranked worse than
98.58% of 1974 companies
in the Hardware industry
Industry Median: 1.99 vs SNDK: 27.46

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 Mar. 2026 was $93.088. 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 $44.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SanDisk  (NAS:SNDK) 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 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.14

SanDisk Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.23 1.14 2.74 5.68 14.36

SNDK 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.


SNDK
46GF Score
SanDisk Corp SNDK
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
=1214.83/44.24
=27.46

* 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 Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=93.088/330.2130*330.2130
=93.088

Current CPI (Mar. 2026) = 330.2130.

SanDisk Quarterly Data

Book Value per Share CPI Adj_Book
200812 15.214 210.228 23.897
200903 14.006 212.709 21.743
200906 14.385 215.693 22.023
200909 15.598 215.969 23.849
200912 17.101 215.949 26.150
201003 18.076 217.631 27.427
201006 19.615 217.965 29.716
201009 22.112 218.439 33.427
201012 24.451 219.179 36.838
201103 25.148 223.467 37.161
201106 26.601 225.722 38.915
201109 27.961 226.889 40.694
201112 29.125 225.672 42.617
201203 28.869 229.392 41.557
201206 29.153 229.478 41.950
201209 29.829 231.407 42.565
201212 30.087 229.601 43.271
201303 30.088 232.773 42.683
201306 30.566 233.504 43.225
201309 29.242 234.149 41.239
201312 30.928 233.049 43.823
201403 31.199 236.293 43.600
201406 31.900 238.343 44.196
201409 31.391 238.031 43.548
201412 30.258 234.812 42.551
201503 28.080 236.119 39.270
201506 27.500 238.638 38.053
201509 28.073 237.945 38.959
201512 28.556 236.525 39.867
201603 26.265 238.132 36.421
202312 0.000 306.746 0.000
202403 0.000 312.332 0.000
202406 76.428 314.175 80.329
202409 0.000 315.301 0.000
202412 83.340 315.605 87.197
202503 63.179 319.799 65.236
202506 63.123 322.561 64.620
202509 63.816 324.800 64.880
202512 69.007 324.054 70.319
202603 93.088 330.213 93.088

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 27.46 mean?
SanDisk (SNDK) has a Cyclically Adjusted PB Ratio of 27.46 as of Aug. 01, 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 462% above median its historical median of 4.89. 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 #1946 out of 1974 companies in the Hardware industry, placing it in the top 98.6%.
Is SanDisk's Cyclically Adjusted PB Ratio too high?
SanDisk's current Cyclically Adjusted PB Ratio of 27.46 is 462% above median its 10-year median of 4.89. 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 1.99. SanDisk's value of 27.46 is 1279.9% above this industry median. Based on the distribution chart, SanDisk ranks #1946 out of 1974 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, SanDisk has a GF Score™ of 46/100, 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 #1946 out of 1974 companies for Cyclically Adjusted PB Ratio. This places SanDisk in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.99. SanDisk's value of 27.46 is 1279.9% 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 4.89 vs. the industry median of 1.99, 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 1.99, based on 1,974 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 27.46 is 1279.9% 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 1.99 — 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 27.46, which is 462% above median its own 10-year median of 4.89. 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 (SNDK) has a current Cyclically Adjusted PB Ratio of 27.46. The current Cyclically Adjusted PB Ratio is 27.46, which is 462% above median its 10-year median of 4.89 and 1279.9% above the Hardware industry median of 1.99. SanDisk's overall GF Score™ is 46/100 with 3 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 (SNDK), the current Cyclically Adjusted PB Ratio is 27.46 as of Aug. 01, 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.
46GF Score

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

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