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SES (MEX:SESG N) Cyclically Adjusted Book per Share : MXN370.32 (As of Dec. 2024)


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What is SES Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

SES's adjusted book value per share for the three months ended in Dec. 2024 was MXN180.953. 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 MXN370.32 for the trailing ten years ended in Dec. 2024.

During the past 12 months, SES's average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of SES was 10.70% per year. The lowest was 5.20% per year. And the median was 10.00% per year.

As of today (2025-06-30), SES's current stock price is MXN83.07. SES's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was MXN370.32. SES's Cyclically Adjusted PB Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SES was 2.93. The lowest was 0.23. And the median was 0.63.


SES Cyclically Adjusted Book per Share Historical Data

The historical data trend for SES's Cyclically Adjusted Book per Share 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.

* Premium members only.

SES Cyclically Adjusted Book per Share Chart

SES Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 213.10 266.58 283.52 304.32 370.32

SES Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Book per Share 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 304.32 - 319.21 - 370.32

Competitive Comparison of SES's Cyclically Adjusted Book per Share

For the Broadcasting subindustry, SES'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.


SES's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, SES's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SES's Cyclically Adjusted PB Ratio falls into.


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SES Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, SES's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=180.953/122.4300*122.4300
=180.953

Current CPI (Dec. 2024) = 122.4300.

SES Quarterly Data

Book Value per Share CPI Adj_Book
201412 152.850 98.830 189.350
201506 153.724 100.640 187.007
201509 0.000 100.380 0.000
201512 178.646 99.910 218.913
201603 0.000 100.030 0.000
201606 234.485 100.660 285.198
201609 0.000 100.750 0.000
201612 321.694 101.040 389.796
201703 0.000 101.780 0.000
201706 262.573 102.170 314.640
201709 0.000 102.520 0.000
201712 302.447 102.410 361.572
201803 0.000 102.900 0.000
201806 296.707 103.650 350.466
201809 0.000 104.580 0.000
201812 298.473 104.320 350.288
201903 0.000 105.140 0.000
201906 280.234 105.550 325.050
201909 0.000 105.900 0.000
201912 281.123 106.080 324.452
202003 0.000 106.040 0.000
202006 345.253 106.340 397.492
202009 0.000 106.620 0.000
202012 285.026 106.670 327.137
202103 0.000 108.140 0.000
202106 277.860 108.680 313.014
202109 0.000 109.470 0.000
202112 298.430 111.090 328.894
202203 0.000 114.780 0.000
202206 287.663 116.750 301.658
202209 0.000 117.000 0.000
202212 263.151 117.060 275.223
202303 0.000 118.910 0.000
202306 226.814 120.460 230.523
202309 0.000 121.740 0.000
202312 157.080 121.170 158.713
202403 0.000 122.590 0.000
202406 165.584 123.120 164.656
202409 0.000 123.300 0.000
202412 180.953 122.430 180.953

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


SES  (MEX:SESG N) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

SES's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=83.07/370.32
=0.22

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SES was 2.93. The lowest was 0.23. And the median was 0.63.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


SES Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of SES's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SES Business Description

Address
Chateau de Betzdorf, Betzdorf, Luxembourg, LUX, L-6815
SES SA is a communications satellite owner and operator and functions in the television broadcasting space. It operates in one operating segment, namely the provision of satellite-based data transmission capacity, and ancillary services, to customers around the world. The largest video division delivers television and radio satellite signals to homes through various media providers such as Comcast, Viacom, M7, and QVC. The mobility revenue is derived by offering high-bandwidth Internet connections to maritime users, and SES SA's government division offers secure communication links to international institutions and governments. Fixed Data works to bring satellite networks and connectivity to remote areas.

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