GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rio Tinto PLC (NYSE:RIO) » Definitions » Median PS Value

Rio Tinto (Rio Tinto) Median PS Value

: $68.45 (As of Today)
View and export this data going back to 2002. Start your Free Trial

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Rio Tinto's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $33.123. Rio Tinto's 10-Year median PS Ratio is 2.0665. Therefore, the Median PS Value for today is $68.45.

As of today (2024-04-16), Rio Tinto's share price is $66.77. Rio Tinto's Median PS Value is $68.45. Therefore, Rio Tinto's Price to Median PS Value for today is 0.98.

The historical rank and industry rank for Rio Tinto's Median PS Value or its related term are showing as below:

RIO' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.8   Med: 1.06   Max: 1.35
Current: 0.98

During the past 13 years, the highest Price to Median PS Value of Rio Tinto was 1.35. The lowest was 0.80. And the median was 1.06.

RIO's Price-to-Median-PS-Value is ranked better than
51.07% of 374 companies
in the Metals & Mining industry
Industry Median: 0.985 vs RIO: 0.98

Rio Tinto Median PS Value Historical Data

The historical data trend for Rio Tinto's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rio Tinto Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.32 55.61 83.93 72.72 70.69

Rio Tinto Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Median PS Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.93 - 72.72 - 70.69

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Rio Tinto's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rio Tinto Price-to-Median-PS-Value Distribution

For the Metals & Mining industry and Basic Materials sector, Rio Tinto's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Rio Tinto's Price-to-Median-PS-Value falls into.



Rio Tinto Median PS Value Calculation

Rio Tinto's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=33.123*2.0665
=68.45

10-Year Median PS Ratio is 2.0665.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Rio Tinto's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $33.123.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rio Tinto  (NYSE:RIO) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Rio Tinto's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=66.77/68.45
=0.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rio Tinto Median PS Value Related Terms

Thank you for viewing the detailed overview of Rio Tinto's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Rio Tinto (Rio Tinto) Business Description

Address
6 St James’s Square, London, GBR, SW1Y 4AD
Rio Tinto is a global diversified miner. Iron ore is the dominant commodity, with significantly lesser contributions from copper, aluminum, 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, 66%-ownership of the Oyu Tolgoi copper mine in Mongolia, the Weipa and Gove bauxite mines in Australia, and six hydro-powered aluminum smelters in Canada.