The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Lynas Rare Earths's share price is A$6.56.
Lynas Rare Earths's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.69. Hence, Lynas Rare Earths's PS Ratio for today is 9.45.
The historical rank and industry rank for Lynas Rare Earths's PS Ratio or its related term are showing as below:
ASX:LYC'
s PS Ratio Range Over the Past 10 Years
Min: 0.72 Med: 4.5 Max: 878
Current: 9.45
During the past 13 years, Lynas Rare Earths's highest PS Ratio was 878.00. The lowest was 0.72. And the median was 4.50.
ASX:LYC's PS Ratio is ranked worse than 83.94% of 741
companies
in the Metals & Mining industry
Industry Median: 1.64
vs ASX:LYC: 9.45
Lynas Rare Earths Ltd revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Lynas Rare Earths was -34.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 24.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 12.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 31.60% per year.
During the past 13 years, Lynas Rare Earths's highest 3-Year average Revenue per Share Growth Rate was 376.50% per year. The lowest was -14.80% per year. And the median was 24.30% per year.
Back to Basics: PS Ratio
Lynas Rare Earths PS Ratio Historical Data
The historical data trend for Lynas Rare Earths's PS 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.
Competitive Comparison of Lynas Rare Earths's PS Ratio
For the Other Industrial Metals & Mining subindustry, Lynas Rare Earths's PS Ratio, along with its competitors' market caps and PS 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 PS Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lynas Rare Earths's PS Ratio distribution charts can be found below:
* The bar in red indicates where Lynas Rare Earths's PS Ratio falls into.
Lynas Rare Earths PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Lynas Rare Earths's Share Price of today is A$6.56.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Lynas Rare Earths's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.69.
* 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:
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Lynas Rare Earths PS Ratio Related Terms
Thank you for viewing the detailed overview of Lynas Rare Earths's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
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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