As of today (2024-04-27), SES AI's share price is $1.36. SES AI's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.01. Hence, SES AI's Price to Tangible Book Ratio of today is 1.35.
The historical rank and industry rank for SES AI's Price-to-Tangible-Book or its related term are showing as below:
SES'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.27 Med: 2.32 Max: 2.83
Current: 1.35
During the past 5 years, SES AI's highest Price to Tangible Book Ratio was 2.83. The lowest was 1.27. And the median was 2.32.
SES's Price-to-Tangible-Book is ranked better than 57.68% of 1198
companies
in the Vehicles & Parts industry
Industry Median: 1.7
vs SES: 1.35
A closely related ratio is called PB Ratio. As of today, SES AI's share price is $1.36. SES AI's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.01. Hence, SES AI's P/B Ratio of today is 1.34.
SES AI Price-to-Tangible-Book Historical Data
The historical data trend for SES AI's Price-to-Tangible-Book 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.
Competitive Comparison of SES AI's Price-to-Tangible-Book
For the Auto Parts subindustry, SES AI's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, SES AI's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where SES AI's Price-to-Tangible-Book falls into.
SES AI Price-to-Tangible-Book Calculation
SES AI's price-to-tangible-book ratio for today is calculated as:
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
SES AI Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of SES AI's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
SES AI Corp is engaged in the development and initial production of high-performance Lithium-Metal (Li-Metal) rechargeable battery technologies for electric vehicles (EVs), 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SES has been successfully added to your 