Sarc, a p/e only is based on last years earnings (or in this case 1 year future earnings)... You need to be looking out 10 years at least to get a rough view, this is why the SP jumps around a lot. If people thoughts Lynas would make $4m forever per year you are probably correct. This however is not the current valuation the market places on future earnings. IMO that's just crap.
Sarc, a p/e only is based on last years earnings (or in this...
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Last
$7.76 |
Change
0.145(1.91%) |
Mkt cap ! $7.253B | |||
| Open | High | Low | Value | Volume |
| $7.67 | $7.78 | $7.63 | $4.597M | 597.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 4269 | $7.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.76 | 2960 | 16 |
View Market Depth
| Last trade - 14.12pm 07/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |