P/E ratio for Lynas (LYC.AX)
P/E ratio at the end of 2022: 14.1
According to Lynas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.6884. At the end of 2022 the company had a P/E ratio of 14.1.
P/E ratio history for Lynas from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.1 | -46.88% |
| 2021 | 26.6 | -146.12% |
| 2020 | -57.6 | -417.53% |
| 2019 | 18.1 | -20.58% |
| 2018 | 22.8 | -205.05% |
| 2017 | -21.7 | 1149.69% |
| 2016 | -1.74 | 111.93% |
| 2015 | -0.8207 | 39% |
| 2014 | -0.5905 | -84.46% |
| 2013 | -3.80 | -67.57% |
| 2012 | -11.7 | -65.59% |
| 2011 | -34.0 | 167.1% |
| 2010 | -12.7 | 49.9% |
| 2009 | -8.50 | -66.94% |
| 2008 | -25.7 | -65.96% |
| 2007 | -75.5 | 491.61% |
| 2006 | -12.8 | 422.94% |
| 2005 | -2.44 | -85.04% |
| 2004 | -16.3 |
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.