P/E ratio for Rio Tinto (RIO)
P/E ratio at the end of 2021: 5.12
According to Rio Tinto's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of 5.12.
P/E ratio history for Rio Tinto from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 5.12 | -59.28% |
| 2020 | 12.6 | 4.48% |
| 2019 | 12.0 | 101.71% |
| 2018 | 5.97 | -44.69% |
| 2017 | 10.8 | -27.9% |
| 2016 | 15.0 | -124.45% |
| 2015 | -61.2 | -564.35% |
| 2014 | 13.2 | -53.43% |
| 2013 | 28.3 | -177.42% |
| 2012 | -36.6 | -326.88% |
| 2011 | 16.1 | 65.13% |
| 2010 | 9.76 | -99.51% |
| 2009 | > 1000 | 17449.21% |
| 2008 | 11.3 | -49.54% |
| 2007 | 22.3 | 93.73% |
| 2006 | 11.5 | -20.33% |
| 2005 | 14.5 | 9539.24% |
| 2004 | 0.1501 | -50.91% |
| 2003 | 0.3058 | -99.4% |
| 2002 | 50.8 | 160.66% |
| 2001 | 19.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BHP Group BHP | 4.85 | N/A | 🇦🇺 Australia |
 Freeport-McMoRan FCX | 32.0 | N/A | 🇺🇸 USA |
 Vale VALE | 5.89 | N/A | 🇧🇷 Brazil |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.