SNDK (SanDisk) Cyclically Adjusted PS Ratio: 35.21 (As of Jul. 26, 2026) — 525% Above Median

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SNDK SanDisk Corp SNDK
46 GF Score
Price $1,436.56
! 3 Warning Signs
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What is SanDisk Cyclically Adjusted PS Ratio?

SanDisk SNDK -10.79% 46 Cyclically Adjusted PS Ratio is 35.21 as of Jul. 26, 2026, which is 525% above its 10-year median of 5.63. 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 98.99% on this metric.

As of today (2026-07-26), SanDisk's current share price is $1436.56. SanDisk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $40.80. SanDisk's Cyclically Adjusted PS Ratio for today is 35.21.

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

SNDK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.9   Med: 5.63   Max: 53.55
Current: 35.21

During the past years, SanDisk's highest Cyclically Adjusted PS Ratio was 53.55. The lowest was 0.90. And the median was 5.63.

SNDK's Cyclically Adjusted PS Ratio is ranked worse than
98.99% of 1974 companies
in the Hardware industry
Industry Median: 1.36 vs SNDK: 35.21

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

SanDisk's adjusted revenue per share data for the three months ended in Mar. 2026 was $37.898. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $40.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SanDisk  (NAS:SNDK) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


SanDisk Cyclically Adjusted PS Ratio Related Terms


SanDisk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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

SanDisk Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.32

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 PS 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 1.42 1.32 3.16 6.44 15.57

SNDK vs DELL, STX, WDC: Cyclically Adjusted PS Ratio Comparison

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

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

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


SNDK
46GF Score
SanDisk Corp SNDK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SanDisk Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1436.56/40.80
=35.21

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=37.898/330.2130*330.2130
=37.898

Current CPI (Mar. 2026) = 330.2130.

SanDisk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200812 3.821 210.228 6.002
200903 2.911 212.709 4.519
200906 3.162 215.693 4.841
200909 4.018 215.969 6.143
200912 5.283 215.949 8.078
201003 4.587 217.631 6.960
201006 4.917 217.965 7.449
201009 5.125 218.439 7.747
201012 5.581 219.179 8.408
201103 5.317 223.467 7.857
201106 5.638 225.722 8.248
201109 5.811 226.889 8.457
201112 6.388 225.672 9.347
201203 4.879 229.392 7.023
201206 4.221 229.478 6.074
201209 5.213 231.407 7.439
201212 6.305 229.601 9.068
201303 5.460 232.773 7.746
201306 6.006 233.504 8.493
201309 6.915 234.149 9.752
201312 7.380 233.049 10.457
201403 6.436 236.293 8.994
201406 6.787 238.343 9.403
201409 7.256 238.031 10.066
201412 7.384 234.812 10.384
201503 5.946 236.119 8.315
201506 5.816 238.638 8.048
201509 7.057 237.945 9.793
201512 7.388 236.525 10.314
201603 6.506 238.132 9.022
202312 11.483 306.746 12.361
202403 11.759 312.332 12.432
202406 12.138 314.175 12.758
202409 12.986 315.301 13.600
202412 12.938 315.605 13.537
202503 11.690 319.799 12.071
202506 13.110 322.561 13.421
202509 15.490 324.800 15.748
202512 19.391 324.054 19.760
202603 37.898 330.213 37.898

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 35.21 mean?
SanDisk (SNDK) has a Cyclically Adjusted PS Ratio of 35.21 as of Jul. 26, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on SanDisk and its competitors. This is 525% above median its historical median of 5.63. Over the past decade, SanDisk's Cyclically Adjusted PS Ratio has ranged from 0.90 to 53.55. According to the industry distribution chart, SanDisk ranks #1954 out of 1974 companies in the Hardware industry, placing it in the top 99%.
Is SanDisk's Cyclically Adjusted PS Ratio too high?
SanDisk's current Cyclically Adjusted PS Ratio of 35.21 is 525% above median its 10-year median of 5.63. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 53.55. The Hardware industry median Cyclically Adjusted PS Ratio is 1.36. SanDisk's value of 35.21 is 2489% above this industry median. Based on the distribution chart, SanDisk ranks #1954 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 PS Ratio compare to DELL and STX?
According to the Hardware industry distribution chart, SanDisk ranks #1954 out of 1974 companies for Cyclically Adjusted PS Ratio. This places SanDisk in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.36. SanDisk's value of 35.21 is 2489% above this benchmark. Historically, SanDisk's own Cyclically Adjusted PS Ratio has ranged from 0.90 to 53.55 over the past decade. While the company's 10-year median is 5.63 vs. the industry median of 1.36, 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 PS Ratio for a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.36, based on 1,974 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SanDisk's current Cyclically Adjusted PS Ratio of 35.21 is 2489% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on SanDisk and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SanDisk's current Cyclically Adjusted PS Ratio is 35.21, which is 525% above median its own 10-year median of 5.63. 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 PS Ratio of 35.21. The current Cyclically Adjusted PS Ratio is 35.21, which is 525% above median its 10-year median of 5.63 and 2489% above the Hardware industry median of 1.36. 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For SanDisk (SNDK), the current Cyclically Adjusted PS Ratio is 35.21 as of Jul. 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.
46GF Score

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

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