Lynas Rare Earths Limited Ratios | P/E, ROE & Valuation

On the Key Ratios page for Lynas Rare Earths Limited (LYC), the latest P/E of 188.7 frames valuation, while ROE 2.88% and ROIC 2.01% indicates profitability and capital efficiency. Together with the current ratio of 9.25 and debt-to-equity 0.09, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

LYC Historical Per Share Metrics

9 years
Metric (FY)TTM20242023202220212020201920182017
Revenue per Share$0.73$0.50$0.81$1.02$0.58$0.45$0.54$0.58$0.43
Net Income per Share$0.08$0.09$0.34$0.60$0.18$-0.03$0.12$0.08$-0.00
Operating Cash Flow per Share$0.15$0.04$0.45$0.51$0.24$0.04$0.15$0.18$0.06
Free Cash Flow per Share$-0.02$-0.58$-0.20$0.30$0.20$0.02$0.11$0.15$0.05
Cash per Share$1.05$0.56$1.11$1.07$0.78$0.14$0.13$0.07$0.11
Book Value per Share$3.43$2.39$2.37$1.82$1.25$0.74$0.79$0.68$0.19
Tangible Book Value per Share$3.43$2.39$2.37$1.82$1.25$0.74$0.79$0.68$0.19
Interest Debt per Share$0.30$0.20$0.21$0.22$0.22$0.31$0.31$0.43$0.90
CAPEX per Share$0.17$0.62$0.65$0.21$0.05$0.02$0.05$0.04$0.00

LYC Historical Valuation Ratios

9 years
Metric (FY)TTM20242023202220212020201920182017
Price to Earnings (P/E)188.7268.3720.1214.5631.58-69.321.5627.87-1163.57
Price to Book (P/B)4.632.582.894.794.582.593.223.415.54
Price to Sales (P/S)22.3412.448.458.569.84.284.753.962.42
Enterprise Value to EBITDA83.4331.5413.0311.6819.0323.2212.4617.8118.51
EV to Sales21.711.717.347.7294.65.024.454.09
EV to Operating Cash Flow108.58155.5413.1815.5221.5651.7217.5414.0430.91
EV to Free Cash Flow-748.99-9.99-29.5626.1926.6791.1925.4217.6533.13
Enterprise Value$15.53B$5.44B$5.43B$7.10B$4.55B$1.44B$1.83B$1.66B$1.05B

LYC Historical Profitability Ratios

9 years
Metric (FY)TTM20242023202220212020201920182017
Return on Equity (ROE)2.88%3.77%14.36%32.86%14.50%-3.74%14.95%12.23%-0.48%
Return on Invested Capital (ROIC)2.01%2.17%11.32%27.82%12.67%-0.72%7.25%11.79%-0.26%
Return on Tangible Assets2.06%3.01%11.78%26.24%10.63%-2.07%9.11%6.95%-0.07%
Earnings Yield0.53%1.46%4.97%6.87%3.17%-1.44%4.64%3.59%-0.09%
Free Cash Flow Yield-0.13%-9.42%-2.94%3.44%3.44%1.18%4.16%6.37%5.10%
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

LYC Historical Liquidity & Financial Strength

9 years
Metric (FY)TTM20242023202220212020201920182017
Current Ratio9.254.187.199.417.181.882.362.861.57
Interest Coverage15.5545.66247.4572.4411.9-0.412.591.63-0.26
Income Quality1.740.411.330.851.34-1.441.252.23-63.66
Debt to Equity0.090.080.090.120.160.390.350.524.4
Debt to Assets7.17%6.56%7.21%9.24%11.72%21.57%21.61%29.44%68.74%
Net Debt to EBITDA-2.47-1.97-1.97-1.28-1.71.610.681.967.56

LYC Historical Efficiency Ratios

9 years
Metric (FY)TTM20242023202220212020201920182017
Receivables Turnover4.349.3512.418.3721.18167.4228.264.0343.05
Payables Turnover9.567.1210.1324.7827.2919.536.317.235.31
Inventory Turnover2.612.323.74.384.813.784.014.96.47
Days Sales Outstanding84.1139.0229.4143.5917.232.1812.945.78.48
Days Payables Outstanding38.1951.2736.0214.7313.3818.6957.8550.5168.77
Days of Inventory on Hand139.7157.1998.7383.4175.9596.6491.1274.5356.43

LYC Historical Market Metrics

9 years
Metric (FY)TTM20242023202220212020201920182017
Enterprise Value to EBITDA83.4331.5413.0311.6819.0323.2212.4617.8118.51
Market Cap$15.99B$5.78B$6.25B$7.88B$4.96B$1.34B$1.73B$1.48B$621.35M
Enterprise Value$15.53B$5.44B$5.43B$7.10B$4.55B$1.44B$1.83B$1.66B$1.05B
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Payout Ratio0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

Is Lynas Rare Earths Limited stock overvalued based on its P/E ratio?

On this page, LYC's current P/E is 188.7, compared with a multi-year average around 53.3. A higher P/E versus its own history can indicate the market is pricing in stronger earnings growth or better durability. To judge whether the premium is justified, cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so you can separate quality strength from expectations alone.

What is Lynas Rare Earths Limited market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $15.99B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for Lynas Rare Earths Limited compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to Lynas Rare Earths Limited's own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does Lynas Rare Earths Limited compare to its competitors in key financial ratios?

The fastest way to compare Lynas Rare Earths Limited with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Lynas Rare Earths Limited outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is Lynas Rare Earths Limited financially strong based on its ratios?

To assess whether Lynas Rare Earths Limited is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 9.25, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 15.55, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.09, suggesting leverage is more moderate relative to a high-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do Lynas Rare Earths Limited's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Lynas Rare Earths Limited is sustaining strong returns (for example ROE at 2.88% and ROIC at 2.01%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.