P/E...

Kind of a different article discussing the Lynas price to earning ratio (P/E) and how the unseasoned investor would look at this statistic and throw Lynas out as an investment. The author goes on to actually recommend Lynas but I find the discussion of future earnings to be interesting...

OK, let's assume annual earnings at $75m and outstanding shares are around 750m. Quick math show earnings per share to be $.10/share annually. Now the P/E for Lynas is the current share price divided by the earnings. $2.30 per share gives a P/E of 23 which is extremely low for a growth stock like Lynas. My point is that $.10 per share at this early stage could potentially set up a sweet dividend down the road...

IMO there has been little focus by investors on the earnings and things seem to be pretty stagnant on the Eastern front. Personally I am enjoying the calm knowing that Lynas is pumping out those RE's every day while growing through innovative plans like the NEXT program...

At the end of the day P/E means little to the actual performance of Lynas but the fact that the analysts are looking and evaluating earnings has to be a good thing...

https://finance.yahoo.com/news/lynas-corporation-limited-asx-lyc-233101733.html