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Lynas Rare Earths (Lynas Rare Earths) Cyclically Adjusted PB Ratio : 5.90 (As of Jun. 09, 2024)


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What is Lynas Rare Earths Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Lynas Rare Earths's current share price is $4.31. Lynas Rare Earths's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was $0.73. Lynas Rare Earths's Cyclically Adjusted PB Ratio for today is 5.90.

The historical rank and industry rank for Lynas Rare Earths's Cyclically Adjusted PB Ratio or its related term are showing as below:

LYSDY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 1.11   Max: 8.21
Current: 6.08

During the past 13 years, Lynas Rare Earths's highest Cyclically Adjusted PB Ratio was 8.21. The lowest was 0.15. And the median was 1.11.

LYSDY's Cyclically Adjusted PB Ratio is ranked worse than
91.45% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs LYSDY: 6.08

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Lynas Rare Earths's adjusted book value per share data of for the fiscal year that ended in Jun23 was $1.555. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $0.73 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lynas Rare Earths Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lynas Rare Earths's Cyclically Adjusted 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.

* Premium members only.

Lynas Rare Earths Cyclically Adjusted PB Ratio Chart

Lynas Rare Earths Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.20 4.24 7.26 6.25

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
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 7.26 - 6.25 -

Competitive Comparison of Lynas Rare Earths's Cyclically Adjusted PB Ratio

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

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

* The bar in red indicates where Lynas Rare Earths's Cyclically Adjusted PB Ratio falls into.



Lynas Rare Earths Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Lynas Rare Earths's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.31/0.73
=5.90

* 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.

Lynas Rare Earths's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=1.555/124.1700*124.1700
=1.555

Current CPI (Jun23) = 124.1700.

Lynas Rare Earths Annual Data

Book Value per Share CPI Adj_Book
201406 1.195 98.352 1.509
201506 0.414 99.838 0.515
201606 0.149 100.859 0.183
201706 0.185 102.809 0.223
201806 0.485 104.945 0.574
201906 0.546 106.617 0.636
202006 0.505 106.246 0.590
202106 0.919 110.332 1.034
202206 1.281 117.112 1.358
202306 1.555 124.170 1.555

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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  (OTCPK:LYSDY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Lynas Rare Earths Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Lynas Rare Earths's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Lynas Rare Earths (Lynas Rare Earths) 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.

Lynas Rare Earths (Lynas Rare Earths) Headlines

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