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/E ratio for Mynaric AG (MYNA)
P/E ratio as of 2023: -1.36
According to Mynaric AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.36. At the end of 2022 the company had a P/E ratio of -1.19.
P/E ratio history for Mynaric AG from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | -1.36 |
| 2022 | -1.19 |
| 2021 | -4.33 |
| 2020 | -11.88 |
| 2019 | -11.02 |
| 2018 | -11.76 |
| 2017 | -21.56 |
| 2016 | -88.35 |
| 2015 | -198.52 |
| 2014 | -852.34 |
| 2013 | 64196.02 |