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: -0.65
According to Mynaric AG's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is -0.65. At the end of 2022 the company had a P/B ratio of 0.77.
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 | -0.65 |
| 2022 | 0.77 |
| 2021 | 0.56 |
| 2020 | 0.75 |
| 2019 | 2.29 |
| 2018 | 2.06 |
| 2017 | 1.44 |
| 2016 | 193.72 |
| 2015 | 33.24 |
| 2014 | 0.00 |
| 2013 | 0.00 |