Lynas Rare EarthsLYSCF +2.32%71 PB Ratio is 5.97 as of Jun. 25, 2026, which is 53% above its 10-year median of 3.90. GuruFocus rates LYSCF with a GF Score™ of 71/100 and a GF Value™ of $9.91 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,358 Metals & Mining companies, Lynas Rare Earths ranks worse than 80.11% on this metric.
The historical rank and industry rank for Lynas Rare Earths's PB Ratio or its related term are showing as below:
LYSCF'
s PB Ratio Range Over the Past 10 Years
Min: 1.14 Med: 3.9 Max: 11.11
Current: 5.81
During the past 13 years, Lynas Rare Earths's highest PB Ratio was 11.11. The lowest was 1.14. And the median was 3.90.
LYSCF's PB Ratio is ranked worse than 80.11% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.27
vs LYSCF: 5.81
During the past 12 months, Lynas Rare Earths's average Book Value Per Share Growth Rate was 33.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 27.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 27.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lynas Rare Earths was 73.10% per year. The lowest was -60.10% per year. And the median was 10.80% per year.
Back to Basics: PB Ratio
Lynas Rare Earths (OTCPK:LYSCF) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Lynas Rare Earths PB Ratio Related Terms
Lynas Rare Earths PB Ratio Historical Data
* Premium members only.
The historical data trend for Lynas Rare Earths's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Other Industrial Metals & Mining subindustry, Lynas Rare Earths's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lynas Rare Earths PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lynas Rare Earths's PB Ratio distribution charts can be found below:
* The bar in red indicates where Lynas Rare Earths's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Lynas Rare Earths (LYSCF) has a PB Ratio of 5.97 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lynas Rare Earths and its competitors. This is 53% above median its historical median of 3.90. Over the past decade, Lynas Rare Earths' PB Ratio has ranged from 1.14 to 11.11. According to the industry distribution chart, Lynas Rare Earths ranks #1889 out of 2358 companies in the Metals & Mining industry, placing it in the top 80.1%.
Is Lynas Rare Earths' PB Ratio too high?
Lynas Rare Earths' current PB Ratio of 5.97 is 53% above median its 10-year median of 3.90. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 11.11. The Metals & Mining industry median PB Ratio is 2.27. Lynas Rare Earths' value of 5.97 is 163% above this industry median. Based on the distribution chart, Lynas Rare Earths ranks #1889 out of 2358 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Lynas Rare Earths has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lynas Rare Earths' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Lynas Rare Earths ranks #1889 out of 2358 companies for PB Ratio. This places Lynas Rare Earths in the lower half of its industry. The industry median PB Ratio is 2.27. Lynas Rare Earths' value of 5.97 is 163% above this benchmark. Historically, Lynas Rare Earths' own PB Ratio has ranged from 1.14 to 11.11 over the past decade. While the company's 10-year median is 3.90 vs. the industry median of 2.27, Lynas Rare Earths has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.27, based on 2,358 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lynas Rare Earths's current PB Ratio of 5.97 is 163% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lynas Rare Earths and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lynas Rare Earths's current PB Ratio is 5.97, which is 53% above median its own 10-year median of 3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lynas Rare Earths stock overvalued right now?
Based on GuruFocus' analysis, Lynas Rare Earths (LYSCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.91, compared to a current price of $13.25 — trading 33.7% above its estimated fair value. The current PB Ratio is 5.97, which is 53% above median its 10-year median of 3.90 and 163% above the Metals & Mining industry median of 2.27. Lynas Rare Earths' overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Lynas Rare Earths (LYSCF), the current PB Ratio is 5.97 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lynas Rare Earths (LYSCF) Overvalued in 2026?
Based on GuruFocus' analysis, Lynas Rare Earths stock appears to be overvalued.
The current stock price of $13.25 is trading 33.7% above its estimated GF Value™ of $9.91.
GuruFocus considers Lynas Rare Earths to be Significantly Overvalued.
Key valuation signals for LYSCF:
PB Ratio: 5.97 (53% above median its 10-year median of 3.90)
GF Value™: $9.91 vs. price of $13.25 (33.7% above fair value)
Industry Position: 163% above the Metals & Mining median (#1889 of 2358)
No single metric tells the full story. See the LYSCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lynas is the largest rare-earth producer outside China. It owns the high-grade Mount Weld deposit in Western Australia and rare-earth processing facilities in Kalgoorlie and Malaysia. We estimate that Mount Weld is the world's lowest-cost producer of separated neodymium and praseodymium, light rare-earth materials, which are sold to customers in the form of neodymium-praseodymium oxide with a mine life exceeding 20 years. As of December 2025, Lynas is also the only producer of separated heavy rare-earth dysprosium and terbium outside China. The company is further expanding NdPr capacity while diversifying into producing additional separated rare-earth materials, including samarium. It also intends to move downstream into rare-earth metal and magnet production.
71GF Score
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