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SES AI SES Price / book

Price / book at other companies

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1.2×+0.3×
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4.7×-1.3×
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0.8×-0.2×
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1.1×+0.2×
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1.1×-2.4×

Other financials

Income statement

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Revenue$5.1M+43.8%
Gross profit$1.1M-55.9%
Operating income-$19.2M+16.6%
Net income-$17.9M+21.0%
EPS (diluted)-$0.05+28.6%

Balance sheet

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Cash & equivalents$64.1M+446%
Total debt$7.1M-23.2%
Total equity$187.1M-24.9%
Total assets$236.2M-18.7%

Cash flow

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Operating cash flow-$13.8M-27.8%
CapEx$656.0K-18.4%
Free cash flow-$14.5M-24.6%

Valuation

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Market cap$207.57M-48.4%
Enterprise value$150.58M-62.3%
P/S8.9×-30.1×

Profitability

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Gross margin27.8%-47.7pp
Operating margin-312.8%-129pp
Net margin-289.6%-119pp
FCF margin-257.7%-99.7pp

Returns & leverage

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Return on equity-31.2%-2.7pp
Debt / equity0.0×
Current ratio6.5×-5.9×

Where this comes from

Calculated from SES AI’s reported figures.

Based on the most recent quarter.

The source filing: SES AI’s 10-Q, filed August 11, 2026. Open the filing →

Filed
Aug 11, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001819142-26-000045

FAQ

What is SES AI's price / book?
SES AI (SES) reported price / book of 1.9× in Q2 2026.
How has SES AI's price / book changed year-over-year?
SES AI's price / book increased by 38.9% year-over-year, from 1.4× to 1.9×.
What is the long-term trend for SES AI's price / book?
Over 3 years (2022 to 2025), SES AI's price / book has grown at a 2.8% compound annual growth rate (CAGR), from 2.8× to 3.1×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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