GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SES AI Corp (NYSE:SES) » Definitions » PB Ratio

SES (SES AI) PB Ratio : 0.53 (As of Dec. 11, 2024)


View and export this data going back to 2022. Start your Free Trial

What is SES AI PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-11), SES AI's share price is $0.4605. SES AI's Book Value per Share for the quarter that ended in Sep. 2024 was $0.87. Hence, SES AI's PB Ratio of today is 0.53.

The historical rank and industry rank for SES AI's PB Ratio or its related term are showing as below:

SES' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 13.96
Current: 0.53

During the past 5 years, SES AI's highest PB Ratio was 13.96. The lowest was 0.00. And the median was 0.00.

SES's PB Ratio is ranked better than
77.96% of 1275 companies
in the Vehicles & Parts industry
Industry Median: 1.46 vs SES: 0.53

During the past 12 months, SES AI's average Book Value Per Share Growth Rate was -16.30% per year.

Back to Basics: PB Ratio


SES AI PB Ratio Historical Data

The historical data trend for SES AI's PB Ratio 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 AI PB Ratio Chart

SES AI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - 2.81 1.80

SES AI Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio 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 2.20 1.80 1.71 1.34 0.74

Competitive Comparison of SES AI's PB Ratio

For the Auto Parts subindustry, SES AI's PB Ratio, along with its competitors' market caps and 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 AI's PB Ratio Distribution in the Vehicles & Parts Industry

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

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



SES AI PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

SES AI's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=0.4605/0.865
=0.53

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


SES AI  (NYSE:SES) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


SES AI PB Ratio Related Terms

Thank you for viewing the detailed overview of SES AI's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SES AI Business Description

Traded in Other Exchanges
N/A
Address
35 Cabot Road, Woburn, MA, USA, 01801
SES AI Corp is a pre-commercialization stage company engaged in the development and initial production of high-performance Lithium-Metal (Li-Metal) rechargeable battery technologies for electric vehicles (EVs), urban air mobility (UAM), which encompasses electric vehicle take-off and landing (eVTOL), and other applications. The company is an integrated Li-Metal battery manufacturer with capabilities in material, cell, module, AI-powered safety algorithms, and recycling.
Executives
General Motors Holdings Llc 10 percent owner 300 RENAISSANCE CENTER, MC 482-C24-A68, DETROIT MI 48265
Sk Inc. 10 percent owner 26, JONG-RO, JONGNO-GU, SEOUL M5 03188
Temasek Holdings (private) Ltd 10 percent owner 60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Jing Nealis officer: Chief Financial Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Kyle Pilkington officer: Chief Legal Officer 35 CABOT ROAD, WOBURN MA 01801
Hong Gan officer: Chief Science Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Rohit Makharia officer: Pres. & Chief Op. Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Anirvan Coomer director 35 CABOT ROAD, WOBURN MA 01801
Yongkyu Son officer: Chief Technology Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Qichao Hu director, 10 percent owner, officer: CEO & Chairman 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Gang Li officer: Chief Manufacturing Officer 35 CABOT ROAD, WOBURN MA 01801
Tianqi Lithium Hk Co., Ltd. 10 percent owner NO. 10 EAST GAOPENG ROAD, CHENGDU, SICHUAN F4 610041
Joanne Ban officer: Chief Legal & Corp. Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Robert M Friedland director 150 BEACH ROAD #25-03, THE GATEWAY WEST, SINGAPORE U0 189720
Michael Noonen director C/O 8X8 INC, 2445 MISSION COLLEGE BLVD, SANTA CLARA CA 95054