P/E ratio for Lynas (LYC.AX)
P/E ratio at the end of 2022: 13.4
According to Lynas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7818. At the end of 2022 the company had a P/E ratio of 13.4.
P/E ratio history for Lynas from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.4 | -48.6% |
| 2021 | 26.1 | -143.26% |
| 2020 | -60.3 | -413.82% |
| 2019 | 19.2 | -14.06% |
| 2018 | 22.4 | -209.98% |
| 2017 | -20.3 | 1186.44% |
| 2016 | -1.58 | 124.59% |
| 2015 | -0.7035 | 31.32% |
| 2014 | -0.5357 | -83.91% |
| 2013 | -3.33 | -66.95% |
| 2012 | -10.1 | -69.19% |
| 2011 | -32.7 | 147.21% |
| 2010 | -13.2 | 65.08% |
| 2009 | -8.01 | -65.79% |
| 2008 | -23.4 | -63.24% |
| 2007 | -63.7 | 463.14% |
| 2006 | -11.3 | 443.56% |
| 2005 | -2.08 | -87.54% |
| 2004 | -16.7 | 350.63% |
| 2003 | -3.70 | -78.35% |
| 2002 | -17.1 | 522.83% |
| 2001 | -2.75 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.