SES (SES AI) Market Cap: $203.31 Mil (As of Jul. 31, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SES SES AI Corp SES
34 GF Score
Price $0.55
! 4 Warning Signs
View Full Analysis

What is SES AI Market Cap?

SES AI SES +1.71% 34 Market Cap is $203.31 Mil as of Jul. 31, 2026. GuruFocus rates SES with a GF Score™ of 34/100. The stock has 4 warning signs investors should review. Among 1,341 Vehicles & Parts companies, SES AI ranks worse than 53.54% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). SES AI's share price for the quarter that ended in Mar. 2026 was $0.962. SES AI's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 368.59 Mil. Therefore, SES AI's market cap for the quarter that ended in Mar. 2026 was $354.58 Mil.

SES AI's quarterly market cap increased from Sep. 2025 ($609.56 Mil) to Dec. 2025 ($657.78 Mil) but then declined from Dec. 2025 ($657.78 Mil) to Mar. 2026 ($354.58 Mil).

SES AI's annual market cap increased from Dec. 2023 ($648.09 Mil) to Dec. 2024 ($791.81 Mil) but then declined from Dec. 2024 ($791.81 Mil) to Dec. 2025 ($657.78 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. SES AI's Enterprise Value for Today is $33.35 Mil.


SES AI  (NYSE:SES) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


SES AI Market Cap Related Terms


SES AI Market Cap Historical Data

* Premium members only.

The historical data trend for SES AI's Market Cap 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 AI Market Cap Chart

SES AI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial 0.00 1,101.60 648.09 791.81 657.78

SES AI Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap 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 189.98 325.16 609.56 657.78 354.58

SES vs SRI, CVGI, INVZ: Market Cap Comparison

For the Auto Parts subindustry, SES AI's Market Cap, along with its competitors' market caps and Market Cap 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 AI Market Cap vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SES AI's Market Cap distribution charts can be found below:

* The bar in red indicates where SES AI's Market Cap falls into.


SES
34GF Score
SES AI Corp SES
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SES AI Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

SES AI's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=$1.8*365.432
=$657.78

SES AI's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=$0.962*368.591
=$354.58

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of $203.31 Mil mean?
SES AI (SES) has a Market Cap of $203.31 Mil as of Jul. 31, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on SES AI and its competitors. According to the industry distribution chart, SES AI ranks #718 out of 1341 companies in the Vehicles & Parts industry, placing it in the top 53.5%.
Is SES AI's Market Cap too high?
SES AI's current Market Cap is $203.31 Mil. The Vehicles & Parts industry median Market Cap is 261.24. SES AI's value of $203.31 Mil is 22.2% below this industry median. Based on the distribution chart, SES AI ranks #718 out of 1341 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, SES AI has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does SES AI's Market Cap compare to SRI and CVGI?
According to the Vehicles & Parts industry distribution chart, SES AI ranks #718 out of 1341 companies for Market Cap. This places SES AI in the lower half of its industry. The industry median Market Cap is 261.24. SES AI's value of $203.31 Mil is 22.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Vehicles & Parts company?
The median Market Cap among Vehicles & Parts companies is 261.24, based on 1,341 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SES AI's current Market Cap of $203.31 Mil is 22.2% below 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on SES AI and its competitors. For the Vehicles & Parts industry, the median Market Cap is 261.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SES AI's current Market Cap is $203.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SES AI stock overvalued right now?
SES AI (SES) has a current Market Cap of $203.31 Mil. The current Market Cap is $203.31 Mil and 22.2% below the Vehicles & Parts industry median of 261.24. SES AI's overall GF Score™ is 34/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For SES AI (SES), the current Market Cap is $203.31 Mil as of Jul. 31, 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.

SES AI Business Description

Address 35 Cabot Road, Woburn, MA, USA, 01801
SES AI Corp is a developer and manufacturer of rechargeable battery technologies and battery materials for Energy Storage Systems (ESS), Urban Air Mobility (UAM), drones, robotics, electric vehicles (EVs), and other applications. For Enery Storage Systems, the company supplies hardware and software solutions with battery health and safety management software powered by its AI-based platform, Molecular Universe. Additionally, it offers battery materials and high-energy and power-density Li-Metal and Li-ion cells, which can be used for drones, UAM, robotics, and EV applications. The company also offers access to Molecular Universe as a software product. Currently, it generates maximum revenue from the development of Li-ion and Li-Metal battery materials as per the client's specifications.
34GF Score

Get the complete analysis for SES

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

$0.55
Price