Mynaric Price To Book Ratio from 2010 to 2024

MYNA Stock  USD 0.42  0.03  7.69%   
Mynaric AG's Price To Book Ratio is increasing over the years with stable fluctuation. Price To Book Ratio is expected to dwindle to -2.72. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
(2.59)
Current Value
(2.72)
Quarterly Volatility
43.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mynaric AG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mynaric AG's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.5 M, Total Revenue of 5.7 M or Other Operating Expenses of 88.8 M, as well as many indicators such as Price To Sales Ratio of 22.47, Dividend Yield of 0.0 or Days Sales Outstanding of 140. Mynaric financial statements analysis is a perfect complement when working with Mynaric AG Valuation or Volatility modules.
  
Check out the analysis of Mynaric AG Correlation against competitors.

Latest Mynaric AG's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Mynaric AG ADR over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. Mynaric AG's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mynaric AG's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Pretty Stable
   Price To Book Ratio   
       Timeline  

Mynaric Price To Book Ratio Regression Statistics

Arithmetic Mean(11,125,574)
Coefficient Of Variation(387.36)
Mean Deviation20,771,209
Median4.97
Standard Deviation43,096,365
Sample Variance1857.3T
Range166.9M
R-Value0.19
Mean Square Error1931.3T
R-Squared0.03
Significance0.51
Slope1,787,818
Total Sum of Squares26002.2T

Mynaric Price To Book Ratio History

2024 -2.72
2023 -2.59
2022 3.17
2021 2.32
2020 3.47
2019 5.01
2018 4.15

About Mynaric AG Financial Statements

Mynaric AG stakeholders use historical fundamental indicators, such as Mynaric AG's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Mynaric AG investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mynaric AG's assets and liabilities are reflected in the revenues and expenses on Mynaric AG's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mynaric AG ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio(2.59)(2.72)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Mynaric AG ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mynaric AG's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mynaric Ag Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mynaric Ag Adr Stock:
Check out the analysis of Mynaric AG Correlation against competitors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mynaric AG. If investors know Mynaric will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mynaric AG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.06)
Revenue Per Share
0.223
Quarterly Revenue Growth
(0.69)
Return On Assets
(0.46)
Return On Equity
(2.34)
The market value of Mynaric AG ADR is measured differently than its book value, which is the value of Mynaric that is recorded on the company's balance sheet. Investors also form their own opinion of Mynaric AG's value that differs from its market value or its book value, called intrinsic value, which is Mynaric AG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mynaric AG's market value can be influenced by many factors that don't directly affect Mynaric AG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mynaric AG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mynaric AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mynaric AG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.