SES (XPAR:SESG) Cyclically Adjusted Revenue per Share: €4.87 (As of Jun. 2026)

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XPAR:SESG SES SA XPAR:SESG
79 GF Score
Price €5.44
GF Value €9.08
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is SES Cyclically Adjusted Revenue per Share?

SES XPAR:SESG -3.72% 79 Cyclically Adjusted Revenue per Share is €4.87 as of Jun. 2026. GuruFocus rates XPAR:SESG with a GF Score™ of 79/100 and a GF Value™ of €9.08 (Possible Value Trap). The stock has 7 warning signs investors should review.

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 Revenue per Share and 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.

SES's adjusted revenue per share for the three months ended in Jun. 2026 was €1.753. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €4.87 for the trailing ten years ended in Jun. 2026.

During the past 12 months, SES's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.50% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of SES was 1.00% per year. The lowest was -1.20% per year. And the median was -0.15% per year.

As of today (2026-08-06), SES's current stock price is €5.44. SES's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €4.87. SES's Cyclically Adjusted PS Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SES was 4.33. The lowest was 0.64. And the median was 1.51.


SES  (XPAR:SESG) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.44/4.87
=1.12

* 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 PS Ratio of SES was 4.33. The lowest was 0.64. And the median was 1.51.


Be Aware

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


SES Cyclically Adjusted Revenue per Share Related Terms


SES Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for SES's Cyclically Adjusted Revenue 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.

SES Cyclically Adjusted Revenue per Share Chart

SES Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.51 4.55 4.58 4.61 4.59

SES Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue 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 4.79 4.70 4.59 4.59 4.87

XPAR:SESG vs NXST: Cyclically Adjusted Revenue per Share Comparison

For the Broadcasting subindustry, SES'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.


SES Cyclically Adjusted PS Ratio vs Media - Diversified Industry

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

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


XPAR:SESG
79GF Score
SES SA XPAR:SESG
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SES Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

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

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.753/128.6000*128.6000
=1.753

Current CPI (Jun. 2026) = 128.6000.

SES Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.159 100.750 1.479
201612 1.258 101.040 1.601
201703 1.095 101.780 1.384
201706 1.222 102.170 1.538
201709 1.040 102.520 1.305
201712 0.686 102.410 0.861
201803 0.924 102.900 1.155
201806 0.814 103.650 1.010
201809 1.194 104.580 1.468
201812 0.732 104.320 0.902
201903 0.865 105.140 1.058
201906 0.818 105.550 0.997
201909 1.066 105.900 1.295
201912 0.779 106.080 0.944
202003 0.845 106.040 1.025
202006 0.814 106.340 0.984
202009 1.019 106.620 1.229
202012 1.023 106.670 1.233
202103 0.821 108.140 0.976
202106 0.721 108.680 0.853
202109 1.006 109.470 1.182
202112 0.690 111.090 0.799
202203 0.874 114.780 0.979
202206 0.777 116.750 0.856
202209 1.089 117.000 1.197
202212 0.783 117.060 0.860
202303 0.891 118.910 0.964
202306 0.894 120.460 0.954
202309 1.154 121.740 1.219
202312 1.356 121.170 1.439
202403 1.092 122.590 1.146
202406 1.162 123.120 1.214
202409 0.735 123.300 0.767
202412 1.273 122.430 1.337
202503 1.053 124.210 1.090
202506 1.335 125.820 1.364
202509 2.097 126.570 2.131
202512 2.127 126.180 2.168
202603 2.118 127.160 2.142
202606 1.753 128.600 1.753

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €4.87 mean?
SES (XPAR:SESG) has a Cyclically Adjusted Revenue per Share of €4.87 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on SES and its competitors.
Is SES's Cyclically Adjusted Revenue per Share too high?
SES's current Cyclically Adjusted Revenue per Share is €4.87. Overall, SES has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SES's Cyclically Adjusted Revenue per Share compare to NXST?
SES's Cyclically Adjusted Revenue per Share of €4.87 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Media - Diversified company?
A good Cyclically Adjusted Revenue per Share depends on the Media - Diversified industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on SES and its competitors. SES's current Cyclically Adjusted Revenue per Share is €4.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SES stock overvalued right now?
Based on GuruFocus' analysis, SES (XPAR:SESG) is currently considered Possible Value Trap. The stock's GF Value™ is €9.08, compared to a current price of €5.44 — trading 40.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €4.87. SES's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For SES (XPAR:SESG), the current Cyclically Adjusted Revenue per Share is €4.87 as of Jun. 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.

Is SES (XPAR:SESG) Overvalued in 2026?

Based on GuruFocus' analysis, SES stock appears to be undervalued. The current stock price of €5.44 is trading 40.1% below its estimated GF Value™ of €9.08. GuruFocus considers SES to be Possible Value Trap.

Key valuation signals for XPAR:SESG:

  • Cyclically Adjusted Revenue per Share: €4.87
  • GF Value™: €9.08 vs. price of €5.44 (40.1% below fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the XPAR:SESG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 company's Network business operates a multi-orbit (MEO-GEO) constellation of satellites with the combination of global coverage, high performance, and a low-latency MEO system and partners with LEO. The company's Media business delivers quality viewing experiences to audiences world-wide.
79GF Score

Get the complete analysis for XPAR:SESG

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

€5.44
Price
€9.08
GF Value