NextNav Inc. provides next generation global positioning system (GPS) and 3D geolocation services. The company delivers next generation positioning, navigation, and timing solutions through its network-based Pinnacle and TerraPoiNT solutions. Its Pinnacle 3D geolocation service is commercially available in approximately 4,400 cities and towns in the United States; and its TerraPoiNT terrestrial-based encrypted network has deployments in 51 total markets nationally. The company sells its solutions directly to customers or through partners. The company was founded in 2007 and is headquartered in McLean, Virginia.
P/B ratio for NextNav Inc. (NN)
P/B ratio as of 2023: 6.10
According to NextNav Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 6.10. At the end of 2022 the company had a P/B ratio of 2.96.
P/B ratio history for NextNav Inc. from 2019 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 6.10 |
| 2022 | 2.96 |
| 2021 | 2.06 |
| 2020 | -0.51 |
| 2019 | 16.72 |