Rio2 (LIM:RIO) PE Ratio without NRI: 31.69 (As of Aug. 18, 2026) — 21% Above Median

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LIM:RIO Rio2 Ltd LIM:RIO
9 GF Score
Price $2.25
! 2 Warning Signs
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What is Rio2 PE Ratio without NRI?

Rio2 LIM:RIO +0.90% 9 PE Ratio without NRI is 31.69 as of Aug. 18, 2026, which is 21% above its 10-year median of 26.27. GuruFocus rates LIM:RIO with a GF Score™ of 9/100. The stock has 2 warning signs investors should review. Among 655 Metals & Mining companies, Rio2 ranks worse than 73.59% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-08-18), Rio2's share price is $2.25. Rio2's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was $0.07. Therefore, Rio2's PE Ratio without NRI for today is 31.69.

During the past 13 years, Rio2's highest PE Ratio without NRI was 34.71. The lowest was 25.49. And the median was 26.27.

Rio2's EPS without NRI for the three months ended in Jun. 2026 was $0.09. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was $0.07.

As of today (2026-08-18), Rio2's share price is $2.25. Rio2's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.10. Therefore, Rio2's PE Ratio (TTM) for today is 22.50.

During the past years, Rio2's highest PE Ratio (TTM) was 245.38. The lowest was 18.71. And the median was 205.77.

Rio2's EPS (Diluted) for the three months ended in Jun. 2026 was $0.09. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.10.

Rio2's EPS (Basic) for the three months ended in Jun. 2026 was $0.09. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.10.


Rio2  (LIM:RIO) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


Rio2 PE Ratio without NRI Related Terms


Rio2 PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Rio2's PE Ratio without NRI 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.

Rio2 PE Ratio without NRI Chart

Rio2 Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss At Loss At Loss At Loss At Loss

Rio2 Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
PE Ratio without NRI 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 At Loss 1,990.00 At Loss At Loss 26.08

LIM:RIO vs NEM, AU: PE Ratio without NRI Comparison

For the Gold subindustry, Rio2's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.


Rio2 PE Ratio without NRI vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rio2's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Rio2's PE Ratio without NRI falls into.


LIM:RIO
9GF Score
Rio2 Ltd LIM:RIO
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Rio2 PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.

Rio2's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=2.25/0.071
=31.69

Rio2's Share Price of today is $2.25.
Rio2's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.07.

* 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.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio without NRI →
What does a PE Ratio without NRI of 31.69 mean?
Rio2 (LIM:RIO) has a PE Ratio without NRI of 31.69 as of Aug. 18, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Rio2 and its competitors. This is 21% above median its historical median of 26.27. Over the past decade, Rio2's PE Ratio without NRI has ranged from 25.49 to 34.71. According to the industry distribution chart, Rio2 ranks #482 out of 655 companies in the Metals & Mining industry, placing it in the top 73.6%.
Is Rio2's PE Ratio without NRI too high?
Rio2's current PE Ratio without NRI of 31.69 is 21% above median its 10-year median of 26.27. Over the past 10 years, this metric has ranged from a low of 25.49 to a high of 34.71. The Metals & Mining industry median PE Ratio without NRI is 15.92. Rio2's value of 31.69 is 99.1% above this industry median. Based on the distribution chart, Rio2 ranks #482 out of 655 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Rio2 has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Rio2's PE Ratio without NRI compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Rio2 ranks #482 out of 655 companies for PE Ratio without NRI. This places Rio2 in the lower half of its industry. The industry median PE Ratio without NRI is 15.92. Rio2's value of 31.69 is 99.1% above this benchmark. Historically, Rio2's own PE Ratio without NRI has ranged from 25.49 to 34.71 over the past decade. While the company's 10-year median is 26.27 vs. the industry median of 15.92, Rio2 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 PE Ratio without NRI for a Metals & Mining company?
The median PE Ratio without NRI among Metals & Mining companies is 15.92, based on 655 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rio2's current PE Ratio without NRI of 31.69 is 99.1% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Rio2 and its competitors. For the Metals & Mining industry, the median PE Ratio without NRI is 15.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rio2's current PE Ratio without NRI is 31.69, which is 21% above median its own 10-year median of 26.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rio2 stock overvalued right now?
Rio2 (LIM:RIO) has a current PE Ratio without NRI of 31.69. The current PE Ratio without NRI is 31.69, which is 21% above median its 10-year median of 26.27 and 99.1% above the Metals & Mining industry median of 15.92. Rio2's overall GF Score™ is 9/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Rio2 (LIM:RIO), the current PE Ratio without NRI is 31.69 as of Aug. 18, 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.

Rio2 Business Description

Address 701 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V7Y 1C6
Rio2 Ltd is a Canada-based mining company focused on the development and operation of gold mining projects in Latin America. The company's primary asset is the Fenix Gold Mine located in Chile, which is in the development stage and represents its main operating focus. The company operates through one operating segment, the Fenix Gold Mine.
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$2.25
Price