Forward PE Ratio: 10.44
The forward PE ratio is 10.44 as of Thursday, July 9, 2026.
Forward PE Ratio (10.44) = Close Price ($89.49) / Consensus Forward EPS ($8.51)
RIO Forward PE Ratio Metrics
FORWARD PE RATIO
10.44
RIO Competitors' Forward PE Ratio
Rio Tinto Group
Market Cap
$145.33B
Forward PE Ratio
10.44
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Rio Tinto Group (RIO) | $145.33B | 10.44 |
| Southern Copper Corporation (SCCO)vs › | $145.53B | 22.44 |
| Newmont Corporation (NEM)vs › | $101.21B | 9.37 |
| BHP Group Limited (BHP)vs › | $203.00B | 15.11 |
| Freeport-McMoRan Inc. (FCX)vs › | $86.97B | 20.79 |
| Johnson Controls International plc (JCI)vs › | $85.74B | 28.62 |
| The Sherwin-Williams Company (SHW)vs › | $81.89B | 28.15 |
| Ecolab Inc. (ECL)vs › | $76.84B | 33.10 |
| CRH plc (CRH)vs › | $69.73B | 17.34 |
| Air Products and Chemicals, Inc. (APD)vs › | $65.88B | 22.46 |
Trailing vs Forward
Trailing P/E
6.7
reported TTM EPS
Forward P/E
10.4
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.51 implies -35.4% EPS decline vs the reported trailing $13.17.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $89.49 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $8.51 | $8.14 – $8.94 | 6 | 10.5x |
| 2027-12-31 | $8.58 | $7.75 – $10.36 | 6 | 10.4x |
| 2028-12-31 | $8.24 | $7.16 – $9.41 | 8 | 10.9x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
Forward PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Forward PE Ratio FAQ
- What is the forward PE ratio for Rio Tinto Group (RIO)?
- The forward PE ratio for RIO stock is 10.44.
Related Metrics
About Rio Tinto Group
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore; Aluminium and lithium; and Copper segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum and lithium segment is involved in bauxite mining; alumina refining; and aluminium smelting, and recycling, as well as mining and processing of lithium. The Copper segment engages in mining and refining of copper, gold, silver, molybdenum, and other by-products and exploration activities. It also owns and operates open pit and underground mines; and refineries, smelters, processing plants and power, and shipping facilities. The company was founded in 1873 and is headquartered in London, the United Kingdom.
- Sector
- Basic Materials
- Industry
- Industrial Materials
- CEO
- Simon Callas Trott