RTPPF (Rio Tinto) Cyclically Adjusted PS Ratio: 2.67 (As of Jul. 09, 2026) — 18% Above Median


RTPPF Rio Tinto PLC RTPPF
74 GF Score
Price $94.32
GF Value $76.94
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Rio Tinto Cyclically Adjusted PS Ratio?

Rio Tinto RTPPF 74 Cyclically Adjusted PS Ratio is 2.67 as of Jul. 09, 2026, which is 18% above its 10-year median of 2.27. GuruFocus rates RTPPF with a GF Score™ of 74/100 and a GF Value™ of $76.94 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 574 Metals & Mining companies, Rio Tinto ranks worse than 52.79% on this metric.

As of today (2026-07-09), Rio Tinto's current share price is $94.32. Rio Tinto's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $35.32. Rio Tinto's Cyclically Adjusted PS Ratio for today is 2.67.

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

RTPPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.27   Max: 3.52
Current: 2.43

During the past 13 years, Rio Tinto's highest Cyclically Adjusted PS Ratio was 3.52. The lowest was 1.34. And the median was 2.27.

RTPPF's Cyclically Adjusted PS Ratio is ranked worse than
52.79% of 574 companies
in the Metals & Mining industry
Industry Median: 2.24 vs RTPPF: 2.43

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Rio Tinto's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $35.188. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $35.32 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rio Tinto  (OTCPK:RTPPF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Rio Tinto Cyclically Adjusted PS Ratio Related Terms


Rio Tinto Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Rio Tinto's Cyclically Adjusted PS Ratio 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.

Rio Tinto Cyclically Adjusted PS Ratio Chart

Rio Tinto Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 2.59 2.46 1.89 2.25

Rio Tinto Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial 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 2.46 0.00 1.89 0.00 2.25

Rio Tinto Cyclically Adjusted PS Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Rio Tinto's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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 Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rio Tinto's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Rio Tinto's Cyclically Adjusted PS Ratio falls into.


RTPPF
74GF Score
Rio Tinto PLC RTPPF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rio Tinto Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Rio Tinto's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=94.32/35.32
=2.67

* 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's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Rio Tinto's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=35.188/139.9000*139.9000
=35.188

Current CPI (Dec25) = 139.9000.

Rio Tinto Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 18.678 102.200 25.568
201712 22.245 105.000 29.639
201812 23.400 107.100 30.566
201912 26.286 108.500 33.893
202012 27.392 109.400 35.029
202112 38.980 114.700 47.544
202212 34.091 125.300 38.063
202312 33.124 130.500 35.510
202412 32.850 135.100 34.017
202512 35.188 139.900 35.188

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 2.67 mean?
Rio Tinto (RTPPF) has a Cyclically Adjusted PS Ratio of 2.67 as of Jul. 09, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Rio Tinto and its competitors. This is 18% above median its historical median of 2.27. Over the past decade, Rio Tinto's Cyclically Adjusted PS Ratio has ranged from 1.34 to 3.52. According to the industry distribution chart, Rio Tinto ranks #303 out of 574 companies in the Metals & Mining industry, placing it in the top 52.8%.
Is Rio Tinto's Cyclically Adjusted PS Ratio too high?
Rio Tinto's current Cyclically Adjusted PS Ratio of 2.67 is 18% above median its 10-year median of 2.27. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 3.52. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.24. Rio Tinto's value of 2.67 is 19.2% above this industry median. Based on the distribution chart, Rio Tinto ranks #303 out of 574 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Rio Tinto has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rio Tinto's Cyclically Adjusted PS Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Rio Tinto ranks #303 out of 574 companies for Cyclically Adjusted PS Ratio. This places Rio Tinto in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.24. Rio Tinto's value of 2.67 is 19.2% above this benchmark. Historically, Rio Tinto's own Cyclically Adjusted PS Ratio has ranged from 1.34 to 3.52 over the past decade. While the company's 10-year median is 2.27 vs. the industry median of 2.24, Rio Tinto has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Metals & Mining company?
The median Cyclically Adjusted PS Ratio among Metals & Mining companies is 2.24, based on 574 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rio Tinto's current Cyclically Adjusted PS Ratio of 2.67 is 19.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Rio Tinto and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rio Tinto's current Cyclically Adjusted PS Ratio is 2.67, which is 18% above median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rio Tinto stock overvalued right now?
Based on GuruFocus' analysis, Rio Tinto (RTPPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $76.94, compared to a current price of $94.32 — trading 22.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.67, which is 18% above median its 10-year median of 2.27 and 19.2% above the Metals & Mining industry median of 2.24. Rio Tinto's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Rio Tinto (RTPPF), the current Cyclically Adjusted PS Ratio is 2.67 as of Jul. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rio Tinto (RTPPF) Overvalued in 2026?

Based on GuruFocus' analysis, Rio Tinto stock appears to be overvalued. The current stock price of $94.32 is trading 22.6% above its estimated GF Value™ of $76.94. GuruFocus considers Rio Tinto to be Modestly Overvalued.

Key valuation signals for RTPPF:

  • Cyclically Adjusted PS Ratio: 2.67 (18% above median its 10-year median of 2.27)
  • GF Value™: $76.94 vs. price of $94.32 (22.6% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 19.2% above the Metals & Mining median (#303 of 574)

No single metric tells the full story. See the RTPPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rio Tinto Business Description

Address 6 St James’s Square, London, GBR, SW1Y 4AD
Rio Tinto is a global diversified miner. Iron ore is its major commodity, with lesser contributions from copper and aluminum. Lithium, diamonds, gold, and industrial minerals are more minor contributors. 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 the 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.
74GF Score

Get the complete analysis for RTPPF

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$94.32
Price
$76.94
GF Value