SES (MEX:SESG N) E10: MXN4.03 (As of Mar. 2026)


MEX:SESG N SES SA MEX:SESG N
83 GF Score
Price MXN83.07
GF Value MXN113.86
! 7 Warning Signs
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What is SES E10?

SES MEX:SESG N 83 E10 is MXN4.03 as of Mar. 2026. GuruFocus rates MEX:SESG N with a GF Score™ of 83/100 and a GF Value™ of MXN113.86. The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

SES's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN4.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SES's average E10 Growth Rate was -34.00% per year. During the past 3 years, the average E10 Growth Rate was -30.70% per year. During the past 5 years, the average E10 Growth Rate was -21.90% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of SES was -8.50% per year. The lowest was -30.70% per year. And the median was -13.60% per year.

As of today (2026-06-30), SES's current stock price is MXN83.07. SES's E10 for the quarter that ended in Mar. 2026 was MXN4.03. SES's Shiller PE Ratio of today is 20.61.

During the past 13 years, the highest Shiller PE Ratio of SES was 29.79. The lowest was 3.98. And the median was 7.74.


SES  (MEX:SESG N) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

SES's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=83.07/4.03
=20.61

* 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 Shiller P/E Ratio of SES was 29.79. The lowest was 3.98. And the median was 7.74.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


SES E10 Related Terms


SES E10 Historical Data

* Premium members only.

The historical data trend for SES's E10 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 E10 Chart

SES Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.75 23.85 15.78 14.26 5.15

SES Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 7.47 6.64 5.43 5.15 4.03

MEX:SESG N vs NXST: E10 Comparison

For the Broadcasting subindustry, SES's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Media - Diversified Industry

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

* The bar in red indicates where SES's Shiller PE Ratio falls into.


MEX:SESG N
83GF Score
SES SA MEX:SESG N
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SES E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0/126.1800*126.1800
=0.000

Current CPI (Mar. 2026) = 126.1800.

SES Quarterly Data

per share eps CPI Adj_EPS
201606 5.067 100.660 6.352
201609 28.141 100.750 35.244
201612 5.846 101.040 7.301
201703 5.236 101.780 6.491
201706 5.890 102.170 7.274
201709 5.594 102.520 6.885
201712 10.226 102.410 12.600
201803 4.256 102.900 5.219
201806 5.968 103.650 7.265
201809 3.056 104.580 3.687
201812 -1.117 104.320 -1.351
201903 2.849 105.140 3.419
201906 4.124 105.550 4.930
201909 3.261 105.900 3.885
201912 -0.137 106.080 -0.163
202003 2.332 106.040 2.775
202006 1.300 106.340 1.543
202009 5.258 106.620 6.223
202012 -15.351 106.670 -18.159
202103 3.163 108.140 3.691
202106 2.878 108.680 3.341
202109 3.387 109.470 3.904
202112 12.285 111.090 13.954
202203 3.509 114.780 3.858
202206 0.425 116.750 0.459
202209 3.983 117.000 4.296
202212 -11.359 117.060 -12.244
202303 1.930 118.910 2.048
202306 1.300 120.460 1.362
202309 32.161 121.740 33.334
202312 -74.783 121.170 -77.875
202403 2.886 122.590 2.971
202406 -0.197 123.120 -0.202
202409 0.000 123.300 0.000
202412 -3.276 122.430 -3.376
202503 1.327 124.210 1.348
202506 -0.869 125.820 -0.871
202509 -3.660 126.570 -3.649
202512 -2.319 126.180 -2.319
202603 0.000 126.180 0.000

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN4.03 mean?
SES (MEX:SESG N) has a E10 of MXN4.03 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SES and its competitors.
Is SES's E10 too high?
SES's current E10 is MXN4.03. Overall, SES has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does SES's E10 compare to NXST?
SES's E10 of MXN4.03 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 E10 for a Media - Diversified company?
A good E10 depends on the Media - Diversified industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SES and its competitors. SES's current E10 is MXN4.03. 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?
SES (MEX:SESG N) has a current E10 of MXN4.03. The stock's GF Value™ is MXN113.86, compared to a current price of MXN83.07 — trading 27% below its estimated fair value. The current E10 is MXN4.03. SES's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For SES (MEX:SESG N), the current E10 is MXN4.03 as of Mar. 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 (MEX:SESG N) Overvalued in 2026?

Based on GuruFocus' analysis, SES stock appears to be undervalued. The current stock price of MXN83.07 is trading 27% below its estimated GF Value™ of MXN113.86.

Key valuation signals for MEX:SESG N:

  • E10: MXN4.03
  • GF Value™: MXN113.86 vs. price of MXN83.07 (27% below fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the MEX:SESG N 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.
83GF Score

Get the complete analysis for MEX:SESG N

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN83.07
Price
MXN113.86
GF Value