Mynaric AG engages in developing and manufacturing advanced laser communication technology for long-distance data transmission between moving objects for wireless terrestrial, airborne, and space applications in Germany and internationally. The company offers CONDOR, an optical inter-satellite link flight terminal for satellite-to-satellite communications in space; and HAWK, an airborne flight terminal for air-to-air and air-to-ground links of airborne vehicles. Its products provide connectivity solutions to link satellites, high-altitude platforms, unmanned aerial vehicles, aircraft, and the ground. The company was incorporated in 2009 and is headquartered in Gilching, Germany.
P/B ratio for Mynaric AG (MYNA)
P/B ratio as of 2023: -2.59
According to Mynaric AG's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is -2.59. At the end of 2022 the company had a P/B ratio of 3.17.
P/B ratio history for Mynaric AG from 2013 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | -2.59 |
| 2022 | 3.17 |
| 2021 | 2.32 |
| 2020 | 3.47 |
| 2019 | 5.01 |
| 2018 | 4.15 |
| 2017 | 4.97 |
| 2016 | 622.17 |
| 2015 | 112.86 |
| 2014 | -166909642.88 |
| 2013 | 6318.98 |