Rio Tinto GroupRIO

Where RIO's P/E ratio sits inside its own 10-year distribution, with the yearly high, low and average.

$99.96+0.57 (+0.57%)Previous close
NYSEBasic Materials

RIO P/E ratio: current value, 10-year range and year-by-year history

7.3Historically pricey

RIO's p/e ratio is higher than 82% of the last 10 years.

P/E ratio History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
RIO P/E ratio historyRIO P/E ratio from Sep 2023 to Sep 2026: low 3.33, high 8.51, latest 7.31.2.914.425.927.428.92Sep 23Apr 24Nov 24Jul 25Feb 26Sep 26med 5.05

RIO P/E ratio by year

Yearly range of RIO’s p/e ratio from 2016 to 2026. Over the full period it ranged from 1.8 to 26.2, averaging 6.4.

RIO P/E ratio — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20266.27.38.57.3
20254.04.96.46.1
20244.55.16.04.5
20232.33.24.14.1
20221.82.53.32.5
20212.75.17.72.7
20202.84.66.26.1
20193.64.34.94.6
20183.86.58.23.8
201711.016.122.515.3
201618.622.326.223.9

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How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.

FormulaPrice / Earnings Per Share
Full guide
How to read this chart

The chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.

Key caveats
  • Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
  • A falling P/E trend may signal a business in structural decline, not a buying opportunity.

Is RIO P/E ratio High or Low Right Now?

Rio Tinto Group's P/E ratio is currently 7.3, which is historically pricey relative to its 10-year historical range. The 10-year median P/E ratio for RIO is approximately 4.9. See all RIO valuation metrics →

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