Steady as She Goes: Valuation Update on Rio Tinto Limited (ASX:RIO) as EV Reaches 131705106
Rio Tinto plc (LSE:RIO) presently has an EV or Enterprise Value of 120109743. The EV is used to show how the market assigns value to a company as a whole. Investors seeking value in the stock market may be eyeing the Magic Formula Rank or MF Rank for Rio Tinto plc (LSE:RIO). The Volatility 12m of Rio Tinto plc (LSE:RIO) is 29.743600. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year.