Rio Tinto Plc Price to Tangible Book Ratio (PTB) Ratios, (RIO) Valuation Ranking and Trends, Fundamental Ratios

RIO Price to Tangible Book Ratio	(Dec 31 2023)	0	0	(Dec 31 2022)	0
Tangible Book Ratio Trailing 12 Months	IV. Quarter	III. Quarter	II. Quarter	IV. Quarter	III. Quarter
Price to Tangible Book (TTM) Ratio	current 1.71	1.84	1.88	2.21	1.80
Tangible Book Value Y / Y Change	7.96 %	7.96 %	7.96 %	-7.65 %	-7.65 %
Stock performance	to date -10.62 %	-1.88 %	5.35 %	44.35 %	-11.45 %

Price to Tangible Book ratio Comment

Company's current Price to Tangible Book ratio has decreased due to shareprice contraction of -10.62 %, from beginning of IV. Quarter and despite Tangible Book Value increase of 7.96 %, to Price to Tangible Book ratio of 1.71, from average Price to Tangible Book ratio in III. Quarter of 1.84.

What is Price to Tangible Book Ratio?
Valuation by Metal Mining Industry

Price to Tangible Book ratio Company Ranking
Within:	No.
Industry	#24
Sector	#57
S&P 500	#865

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