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Rio Tinto PLC Registered Shares RIO Stock Quote

| Rating as of

XLON: RIO

Last close prices updated as of Jun 09, 2023, 5:01 PM BST | GBX
  • Last Close 51.27
  • Sector Basic Materials
  • Industry Other Industrial Metals & Mining
  • Investment Style Large Value
  • Day Range 5,118.00  –  5,198.00
  • Year Range 4,424.50  –  6,329.00
  • Market Cap 8.3137 Tril
  • Volume / Avg 1.4 Mil /  3.4 Mil
  • Price / Sales 1.87
  • Price / Book 2.06
  • Forward Div Yield 7.94%
  • Trailing Div Yield 0.08%

Morningstar‘s Stock Analysis RIO

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Retaining Rio's AUD 107 FVE After Updating Our Commodity Price and Foreign Exchange Assumptions

Jon Mills Equity Analyst

Business Strategy and Outlook

| Jon Mills |

Rio Tinto is one of the world’s largest miners with operations in iron ore, aluminium (including bauxite and alumina), copper, and minerals (mineral sands, borates, salt and diamonds). Commodity demand is tied to global economic growth, China’s in particular. Rio Tinto benefited greatly from the China boom over the past two decades. The company’s largest customer by far is China, accounting for about 60% of sales in 2021. We think the outlook is for earnings to materially decline with demand for many commodities likely to soften with the end of the China boom, particularly for iron ore which has disproportionately benefited from the boom in infrastructure and real estate investment.

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Key Statistics RIO

Company Profile RIO

Business Description

Rio Tinto is a global diversified miner. Iron ore is the dominant commodity, with significantly lesser contributions from copper, aluminium, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity, with shareholders in each company having equivalent economic and voting rights. Major assets included its Pilbara iron ore operations, a 30% stake in the Escondida copper mine, 34%-ownership of the Oyu Tolgoi copper mine in Mongolia, the Weipa and Gove bauxite mines in Australia, and six hydro-powered aluminium smelters in Canada.

Contact
6 St James’s Square
London, SW1Y 4AD, GBR
Industry Other Industrial Metals & Mining
Employees 52,041

Related Articles RIO

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of RIO’s competitive advantage.

Rio Tinto PLC Registered Shares

XLON: RIO

BHP Group Ltd

XASX: BHP

Fortescue Metals Group Ltd

XASX: FMG

Anglo American PLC

XLON: AAL
Price
5,125.0044.7220.792,457.00
Currency
GBXAUDAUDGBX
Change
−$2.00 (0.04%) +$0.59 (1.34%) +$0.29 (1.41%) −$2.50 (0.10%)
Market Cap
8.31 Tril226.34 Bil64.01 Bil3.29 Tril
Industry
Other Industrial Metals & Mining Other Industrial Metals & Mining Other Industrial Metals & Mining Other Industrial Metals & Mining
Sector
Basic Materials
Basic Materials
Basic Materials
Basic Materials

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Rio Tinto PLC Registered Shares Stock

Yes. RIO has a forward dividend yield of 7.94%. See RIO’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

RIO’s market cap is 8.31 Tril.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

RIO’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

RIO’s price/sales is 1.85.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

RIO’s price/forward earnings is 8.29.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

RIO’s price/book is 2.00.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See RIO’s valuation ratios compared to the Market Index.

RIO’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare RIO’s historical performance against its industry peers and the overall market.