The source you are using quotes reported earnings. Market participants look at Underlying earnings. RIO had $3.4b in asset impairments and $2.7b loss on debt and exchange derivatives which would not affect cash earnings.
I get a PE of 11.4
I don't own any RIO- I prefer BHP.
why i m investing in bhp and rio ?, page-6
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Last
$42.61 |
Change
0.010(0.02%) |
Mkt cap ! $216.1B | |||
| Open | High | Low | Value | Volume |
| $42.69 | $42.72 | $42.53 | $19.75M | 461.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15 | $42.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.63 | 303 | 6 |
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| Last trade - 10.16am 07/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |