Rio Tinto PLC banner

Rio Tinto PLC
XHAM:RIO1

Watchlist Manager
Rio Tinto PLC Logo
Rio Tinto PLC
XHAM:RIO1
Watchlist
Price: 36.35 EUR -1.16%
Market Cap: €58.9B

P/B

2.7
Current
35%
More Expensive
vs 3-y average of 2

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.7
=
Market Cap
€115.4B
/
Total Equity
$58.2B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.7
=
Market Cap
€115.4B
/
Total Equity
$58.2B

Valuation Scenarios

Rio Tinto PLC is trading above its 3-year average

If P/B returns to its 3-Year Average (2), the stock would be worth €26.98 (26% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-99%
Maximum Upside
No Upside Scenarios
Average Downside
62%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.7 €36.35
0%
3-Year Average 2 €26.98
-26%
5-Year Average 2 €27.1
-25%
Industry Average 0 €0.36
-99%
Country Average 0 €0.31
-99%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
UK
Rio Tinto PLC
XHAM:RIO1
118.8B EUR 2.7 15.6
AU
BHP Group Ltd
ASX:BHP
281.5B AUD 3.9 19.2
AU
Rio Tinto Ltd
ASX:RIO
279.5B AUD 3.6 19.8
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.5T MXN 3.8 17
CH
Glencore PLC
LSE:GLEN
64.7B GBP 2.2 239
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 4 33.9
CN
CMOC Group Ltd
SSE:603993
395.4B CNY 4.8 19.5
UK
Anglo American PLC
LSE:AAL
41.5B GBP 3.1 -14.8
CN
China Molybdenum Co Ltd
OTC:CMCLF
47.1B USD 3.9 15.9
ZA
African Rainbow Minerals Ltd
JSE:ARI
43.1B ZAR 0.7 33.4
IN
Vedanta Ltd
NSE:VEDL
2.9T INR 7.5 21.2

Market Distribution

Lower than 72% of companies in United Kingdom
Percentile
28th
Based on 2 623 companies
28th percentile
0
Low
0 — 0
Typical Range
0 — 0
High
0 —
Distribution Statistics
United Kingdom
Min 0
30th Percentile 0
Median 0
70th Percentile 0
Max 49 422.3

Rio Tinto PLC
Glance View

Rio Tinto PLC operates at the heart of the Earth's riches, orchestrating a grand symphony of extraction and production within the global mining industry. Founded in 1873, this Anglo-Australian behemoth is renowned for its exploration, mining, and processing capabilities, which play a crucial role in supplying the world with metals and minerals essential for everyday life. The company is a titan in the mining of iron ore, aluminum, copper, and other key materials, such as diamonds and uranium. By tapping into an impressive portfolio of rich mining assets across continents, Rio Tinto combines cutting-edge technology with years of geological expertise to efficiently unearth and refine these valuable commodities. This intricate dance of complex geological surveys, adept resource mining, and meticulous refining processes sees raw materials transformed into high-quality products, ready to meet the ever-demanding needs of various industries worldwide. The company's revenue streams flow from its skillful navigation of market demands and efficient logistics operations that ensure steady distribution to end markets across the globe. In the verdant landscapes of the Pilbara region in Western Australia, Rio Tinto's iron ore operations stand as a testament to its leadership in supplying the key ingredient for steel production—a fundamental component in construction, transportation, and infrastructure industries. Meanwhile, its aluminum operations stretch from bauxite mining to alumina refining and aluminum smelting, providing lightweight solutions pivotal in automotive and aerospace applications. Copper, critical for the burgeoning green revolution, flows through Rio Tinto's meticulous network from mine to market. Underpinning it all is a commitment to sustainability and innovation, as Rio Tinto embraces technological advancements and adapts to shifting global demands, thereby cementing its stature as a cornerstone in the mining sector's economic tapestry.

RIO1 Intrinsic Value
61.87 EUR
Undervaluation 41%
Intrinsic Value
Price €36.35
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett