Cyngn Inc., an autonomous vehicle (AV) technology company, develops autonomous driving software. The company is developing Enterprise Autonomy Suite, which consists of DriveMod, a modular industrial vehicle autonomous driving software; Cyngn Insight, a customer-facing tool suite for monitoring and managing AV fleets and aggregating/analyzing data; and Cyngn Evolve, an internal tool suite and infrastructure that facilitates artificial intelligence and machine learning training to enhance algorithms and models, and provides a simulation framework to ensure that data collected in the field can be applied to validating new releases. Cyngn Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
P/B ratio for Cyngn Inc. (CYN)
P/B ratio as of 2023: 0.54
According to Cyngn Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.54. At the end of 2022 the company had a P/B ratio of 0.89.
P/B ratio history for Cyngn Inc. from 2019 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.54 |
| 2022 | 0.89 |
| 2021 | 1.19 |
| 2020 | 1.26 |
| 2019 | 0.50 |