Rio Tinto (CHIX:RIOL) 3-Year Book Growth Rate : 7.10% (As of Dec. 2023)

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What is Rio Tinto 3-Year Book Growth Rate?

Rio Tinto's Book Value per Share for the quarter that ended in Dec. 2023 was £26.58.

During the past 12 months, Rio Tinto's average Book Value per Share Growth Rate was 3.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 7.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was 6.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was 6.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Rio Tinto was 50.60% per year. The lowest was -14.80% per year. And the median was 8.30% per year.

Competitive Comparison of Rio Tinto's 3-Year Book Growth Rate

For the Other Industrial Metals & Mining subindustry, Rio Tinto's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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's 3-Year Book Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rio Tinto's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Rio Tinto's 3-Year Book Growth Rate falls into.

Rio Tinto 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Rio Tinto (CHIX:RIOl) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Rio Tinto 3-Year Book Growth Rate Related Terms

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Rio Tinto (CHIX:RIOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rio Tinto PLC (CHIX:RIOl) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

RTPPF:USA RIO:USA RIO N:Mexico RIO:UK RIO1:Germany RIOT34:Brazil RIO:Argentina

Address

6 St James’s Square, London, GBR, SW1Y 4AD

Website

https://www.riotinto.com

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.

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