Rio Tinto plc (RIO) has a P/E ratio of 14.04, below the Materials sector average of 24.82.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
Rio Tinto plc (RIO) currently reports a P/E ratio of 14.04. That is below the Materials sector average of 24.82. Use the charts on this page to explore Rio Tinto plc's P/E ratio history and peer comparisons.
Rio Tinto plc's P/E ratio of 14.04 is lower than the Materials sector average of 24.82. That is roughly 43.4% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/E ratio is a valuation multiple that relates Rio Tinto plc's market price to a fundamental measure such as earnings, sales, or book value. At 14.04, RIO can look expensive or cheap only in context — versus its own history, growth rate, and Materials peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of 14.04, then check the historical chart for trend and the peer comparison chart for relative positioning. The Materials average is 24.82. From there, open related valuation or income-statement pages for Rio Tinto plc, and consider following RIO for alerts when major investors trade the stock.
Rio Tinto plc is classified in the Materials sector. On P/E ratio, it currently shows 14.04 versus a sector average near 24.82. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Materials are usually more informative than comparing RIO with unrelated industries.