Rio Tinto
RIO
Rio Tinto (RIO) - P/B ratio
P/B ratio as of April 2024 : 1.96
According to Rio Tinto's latest financial reports the company has a price-to-book ratio of 1.96.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Rio Tinto - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.14 | -2% |
| 2022-12-31 | 2.19 | 15.82% |
| 2021-12-31 | 1.89 | 4.55% |
| 2020-12-31 | 1.81 | -17.29% |
| 2019-12-31 | 2.18 | 35.09% |
| 2018-12-31 | 1.62 | 16.37% |
| 2017-12-31 | 1.39 | 20.18% |
| 2016-12-31 | 1.16 | 28.5% |
| 2015-12-31 | 0.8998 | -24.58% |
| 2014-12-31 | 1.19 | -19.93% |
| 2013-12-31 | 1.49 | 4.94% |
| 2012-12-31 | 1.42 | 18.97% |
| 2011-12-31 | 1.19 | -28.78% |
| 2010-12-31 | 1.68 | -6.23% |
| 2009-12-31 | 1.79 | 49.43% |
| 2008-12-31 | 1.20 | -75.19% |
| 2007-12-31 | 4.82 | 41.93% |
| 2006-12-31 | 3.40 | -9.57% |
| 2005-12-31 | 3.76 | 22.71% |
| 2004-12-31 | 3.06 | -5.98% |
| 2003-12-31 | 3.25 | 4.58% |
| 2002-12-31 | 3.11 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 BHP Group BHP | 3.29 | 67.41% | 🇦🇺 Australia |
 Freeport-McMoRan FCX | 2.54 | 29.51% | 🇺🇸 USA |
 Vale VALE | 1.34 | -31.73% | 🇧🇷 Brazil |