Lynas Rare Earths (ASX:LYC) Book Value per Share: A$3.34 (As of Dec. 2025)


ASX:LYC Lynas Rare Earths Ltd ASX:LYC
78 GF Score
Price A$19.34
GF Value A$13.70
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Lynas Rare Earths Book Value per Share?

Lynas Rare Earths ASX:LYC +4.03% 78 Book Value per Share is A$3.34 as of Dec. 2025. GuruFocus rates ASX:LYC with a GF Score™ of 78/100 and a GF Value™ of A$13.70 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Lynas Rare Earths's book value per share for the quarter that ended in Dec. 2025 was A$3.34.

During the past 12 months, Lynas Rare Earths's average Book Value Per Share Growth Rate was 33.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 27.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 27.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lynas Rare Earths was 73.10% per year. The lowest was -60.10% per year. And the median was 10.80% per year.

Lynas Rare Earths's current price is A$19.34. Its book value per share for the quarter that ended in Dec. 2025 was A$3.34. Hence, today's PB Ratio of Lynas Rare Earths is 7.69.

During the past 13 years, the highest P/B Ratio of Lynas Rare Earths was 11.11. The lowest was 1.14. And the median was 3.90.


Lynas Rare Earths  (ASX:LYC) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Lynas Rare Earths Book Value per Share Related Terms


Lynas Rare Earths Book Value per Share Historical Data

* Premium members only.

The historical data trend for Lynas Rare Earths's Book Value per Share 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.

Lynas Rare Earths Book Value per Share Chart

Lynas Rare Earths Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 1.82 2.32 2.40 2.52

Lynas Rare Earths Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Book Value per Share 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 2.36 2.40 2.51 2.52 3.34

Lynas Rare Earths Book Value per Share Competitor Comparison

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

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

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


ASX:LYC
78GF Score
Lynas Rare Earths Ltd ASX:LYC
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Lynas Rare Earths Book Value per Share Calculation

Lynas Rare Earths's Book Value Per Share for the fiscal year that ended in Jun. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,352.7-0.0)/935.4
=2.52

Lynas Rare Earths's Book Value Per Share for the quarter that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3,364.3-0.0)/1,006.5
=3.34

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of A$3.34 mean?
Lynas Rare Earths (ASX:LYC) has a Book Value per Share of A$3.34 as of Dec. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Lynas Rare Earths and its competitors.
Is Lynas Rare Earths' Book Value per Share too high?
Lynas Rare Earths' current Book Value per Share is A$3.34. Overall, Lynas Rare Earths has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lynas Rare Earths' Book Value per Share compare to competitors?
Lynas Rare Earths' Book Value per Share of A$3.34 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Metals & Mining company?
A good Book Value per Share depends on the Metals & Mining industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Lynas Rare Earths and its competitors. Lynas Rare Earths's current Book Value per Share is A$3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lynas Rare Earths stock overvalued right now?
Based on GuruFocus' analysis, Lynas Rare Earths (ASX:LYC) is currently considered Significantly Overvalued. The stock's GF Value™ is A$13.70, compared to a current price of A$19.34 — trading 41.2% above its estimated fair value. The current Book Value per Share is A$3.34. Lynas Rare Earths' overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Lynas Rare Earths (ASX:LYC), the current Book Value per Share is A$3.34 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lynas Rare Earths (ASX:LYC) Overvalued in 2026?

Based on GuruFocus' analysis, Lynas Rare Earths stock appears to be overvalued. The current stock price of A$19.34 is trading 41.2% above its estimated GF Value™ of A$13.70. GuruFocus considers Lynas Rare Earths to be Significantly Overvalued.

Key valuation signals for ASX:LYC:

  • Book Value per Share: A$3.34
  • GF Value™: A$13.70 vs. price of A$19.34 (41.2% above fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the ASX:LYC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lynas Rare Earths Business Description

Address 1 Howard Street, Level 4, Perth, WA, AUS, 6000
Lynas is the largest rare-earth producer outside China. It owns the high-grade Mount Weld deposit in Western Australia and rare-earth processing facilities in Kalgoorlie and Malaysia. We estimate that Mount Weld is the world's lowest-cost producer of separated neodymium and praseodymium, light rare-earth materials, which are sold to customers in the form of neodymium-praseodymium oxide with a mine life exceeding 20 years. As of December 2025, Lynas is also the only producer of separated heavy rare-earth dysprosium and terbium outside China. The company is further expanding NdPr capacity while diversifying into producing additional separated rare-earth materials, including samarium. It also intends to move downstream into rare-earth metal and magnet production.
78GF Score

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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$19.34
Price
A$13.70
GF Value