SNDK (SanDisk) Cyclically Adjusted PB Ratio: (As of Aug. 06, 2026)

Author: Vera Yuan Vera Yuan
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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.

SNDK SanDisk Corp SNDK
46 GF Score
Price $1,258.58
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What is SanDisk Cyclically Adjusted PB Ratio?

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 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 0.00

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 0.00

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 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)
=100.229/333.9520*333.9520
=100.229

Current CPI (Jun. 2026) = 333.9520.

SanDisk Quarterly Data

Book Value per Share CPI Adj_Book
200903 14.006 212.709 21.989
200906 14.385 215.693 22.272
200909 15.598 215.969 24.119
200912 17.101 215.949 26.446
201003 18.076 217.631 27.737
201006 19.615 217.965 30.053
201009 22.112 218.439 33.805
201012 24.451 219.179 37.255
201103 25.148 223.467 37.581
201106 26.601 225.722 39.356
201109 27.961 226.889 41.155
201112 29.125 225.672 43.100
201203 28.869 229.392 42.028
201206 29.153 229.478 42.425
201209 29.829 231.407 43.047
201212 30.087 229.601 43.761
201303 30.088 232.773 43.166
201306 30.566 233.504 43.715
201309 29.242 234.149 41.706
201312 30.928 233.049 44.319
201403 31.199 236.293 44.093
201406 31.900 238.343 44.696
201409 31.391 238.031 44.041
201412 30.258 234.812 43.033
201503 28.080 236.119 39.715
201506 27.500 238.638 38.484
201509 28.073 237.945 39.400
201512 28.556 236.525 40.319
201603 26.265 238.132 36.834
202312 0.000 306.746 0.000
202403 0.000 312.332 0.000
202406 76.428 314.175 81.239
202409 0.000 315.301 0.000
202412 83.340 315.605 88.185
202503 63.179 319.799 65.975
202506 63.123 322.561 65.352
202509 63.816 324.800 65.614
202512 69.007 324.054 71.115
202603 93.088 330.213 94.142
202606 100.229 333.952 100.229

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.


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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