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Lynas Rare Earths (FRA:LYIC) Shiller PE Ratio : (As of Jun. 09, 2024)


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What is Lynas Rare Earths Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lynas Rare Earths Shiller PE Ratio Historical Data

The historical data trend for Lynas Rare Earths's Shiller PE 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.

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Lynas Rare Earths Shiller PE Ratio Chart

Lynas Rare Earths Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
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Lynas Rare Earths Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Lynas Rare Earths's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Lynas Rare Earths's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lynas Rare Earths's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Lynas Rare Earths's Shiller PE Ratio falls into.



Lynas Rare Earths Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Lynas Rare Earths's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Lynas Rare Earths's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.21/124.1700*124.1700
=0.210

Current CPI (Jun23) = 124.1700.

Lynas Rare Earths Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -1.179 98.352 -1.489
201506 -0.259 99.838 -0.322
201606 -0.175 100.859 -0.215
201706 -0.028 102.809 -0.034
201806 0.052 104.945 0.062
201906 0.070 106.617 0.082
202006 -0.017 106.246 -0.020
202106 0.114 110.332 0.128
202206 0.397 117.112 0.421
202306 0.210 124.170 0.210

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Lynas Rare Earths  (FRA:LYIC) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Lynas Rare Earths Shiller PE Ratio Related Terms

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Lynas Rare Earths (FRA:LYIC) Business Description

Traded in Other Exchanges
Address
1 Howard Street, Level 4, Perth, WA, AUS, 6000
Lynas Rare Earths Ltd is an Australian firm. It operates in a single segment and is engaged in integrated extraction and processing of Rare Earth minerals, in Australia and Malaysia; and the Development of Rare Earth deposits. It is focused on the Kalgoorlie project.

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