Sandvik AB
Sandvik AB (publ), an engineering company, provides products and solutions for mining and rock excavation, metal cutting, and materials technology worldwide. The company offers mining and rock excavation equipment, including drill rigs and bolters, underground loaders and trucks, mechanical cutting equipment, rock tools and rock drills, and mining automation; rock processing equipment, such as cr… Read more
Market Cap & Net Worth: Sandvik AB (SAND)
Sandvik AB (ST:SAND) has a market capitalization of $39.42 Billion (Skr442.17 Billion) as of March 18, 2026. Listed on the ST stock exchange, this Sweden-based company holds position #652 globally and #1 in its home market, demonstrating a -1.54% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Sandvik AB's stock price Skr352.50 by its total outstanding shares 1254385923 (1.25 Billion).
Sandvik AB Market Cap History: 2015 to 2026
Sandvik AB's market capitalization history from 2015 to 2026. Data shows growth from $6.52 Billion to $39.42 Billion (18.89% CAGR).
Index Memberships
Sandvik AB is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
STOXX Europe Large 200 EUR Price
LCXP
|
$1.30 Trillion | 2.46% | #13 of 182 |
|
STOXX Europe Large 200 Net Return
LCXR
|
$1.30 Trillion | 2.46% | #13 of 182 |
Weight: Sandvik AB's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Sandvik AB Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Sandvik AB's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.28x
Sandvik AB's market cap is 0.28 times its annual revenue
0.92x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
2.29x
Sandvik AB's market cap is 2.29 times its annual earnings
7.63x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $10.22 Billion | $81.55 Billion | $5.51 Billion | 0.13x | 1.86x |
| 2017 | $13.28 Billion | $90.91 Billion | $13.20 Billion | 0.15x | 1.01x |
| 2018 | $11.95 Billion | $100.07 Billion | $12.71 Billion | 0.12x | 0.94x |
| 2019 | $17.70 Billion | $103.24 Billion | $8.54 Billion | 0.17x | 2.07x |
| 2020 | $19.51 Billion | $86.40 Billion | $8.73 Billion | 0.23x | 2.23x |
| 2021 | $24.98 Billion | $99.11 Billion | $14.46 Billion | 0.25x | 1.73x |
| 2022 | $20.06 Billion | $112.33 Billion | $11.21 Billion | 0.18x | 1.79x |
| 2023 | $23.80 Billion | $126.50 Billion | $15.30 Billion | 0.19x | 1.56x |
| 2024 | $22.17 Billion | $122.88 Billion | $12.24 Billion | 0.18x | 1.81x |
| 2025 | $33.61 Billion | $120.68 Billion | $14.69 Billion | 0.28x | 2.29x |
Competitor Companies of SAND by Market Capitalization
Companies near Sandvik AB in the global market cap rankings as of March 18, 2026.
Key companies related to Sandvik AB by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #66 globally with a market cap of $227.10 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #93 globally with a market cap of $175.49 Billion USD ( €170.96 Billion EUR).
- Siemens AG Class N (PINK:SMAWF): Ranked #113 globally with a market cap of $155.24 Billion USD.
- Eaton Corporation PLC (NYSE:ETN): Ranked #140 globally with a market cap of $133.05 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #66 | GE Vernova LLC | NYSE:GEV | $227.10 Billion | $844.05 |
| #93 | Siemens Aktiengesellschaft | XETRA:SIE | $175.49 Billion | €219.15 |
| #113 | Siemens AG Class N | PINK:SMAWF | $155.24 Billion | $199.00 |
| #140 | Eaton Corporation PLC | NYSE:ETN | $133.05 Billion | $363.95 |
Sandvik AB Historical Marketcap From 2015 to 2026
Between 2015 and today, Sandvik AB's market cap moved from $6.52 Billion to $ 39.42 Billion, with a yearly change of 18.89%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Skr39.42 Billion | +17.27% |
| 2025 | Skr33.61 Billion | +51.59% |
| 2024 | Skr22.17 Billion | -6.82% |
| 2023 | Skr23.80 Billion | +18.61% |
| 2022 | Skr20.06 Billion | -19.68% |
| 2021 | Skr24.98 Billion | +28.03% |
| 2020 | Skr19.51 Billion | +10.21% |
| 2019 | Skr17.70 Billion | +48.09% |
| 2018 | Skr11.95 Billion | -10.02% |
| 2017 | Skr13.28 Billion | +30.01% |
| 2016 | Skr10.22 Billion | +56.72% |
| 2015 | Skr6.52 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Sandvik AB was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $39.42 Billion USD |
| MoneyControl | $39.42 Billion USD |
| MarketWatch | $39.42 Billion USD |
| marketcap.company | $39.42 Billion USD |
| Reuters | $39.42 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.