Nextnav price to book ratio NN

Market value divided by the book value of the company's net assets, since 2022.

Today, Oct 23, 2026: 5.1×
5-year median: 5.8×
Against its 5-year history: 39th; percentile: 0 is its lowest day, 100 its highest
5-year range: 2.0× to 34.6×
Peer median: 2.4×

Nextnav's price to book ratio is 5.1× as of Oct 23, 2026.

That is below its 5-year median of 5.8×, close to the middle of its last 5 years.

Over that time it ranged from 2.0× in Mar 2023 to 34.6× in May 2025.

The median for 10 aerospace and defense stocks of a similar size is 2.4×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	5.1×	4.8×	10.0×
2025	34.6×	20.6×	34.6×
2024	32.9×	5.1×	34.2×
2023	6.1×	2.0×	7.0×
2022	3.4×	2.2×	7.5×

Against its peers

Companies in Aerospace & Defense nearest Nextnav's size, closest first, today.

Company	Price to book ratio
NNNextnav	5.1×
ATROAstronics	12.6×
HOGHarley-Davidson	1.0×
WGOWinnebago Industries	0.7×
THOThor Industries	0.8×
AIRAAR	2.2×
RGRSturm Ruger	2.5×
SWBISmith & Wesson Brands	1.6×
KRMNKarman	11.5×
PKEPark Aerospace	3.5×
LOARLoar	4.8×
Peer median	2.4×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Nextnav

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.