Should Value Investors Buy Rio Tinto (RIO) Stock?

Core Insights - The article emphasizes the importance of value investing, highlighting the strategy of identifying undervalued companies in the market [2][3] - Zacks has developed a Style Scores system to categorize stocks, with a focus on the "Value" category for value investors [3] Company Analysis: Rio Tinto (RIO) - Rio Tinto currently holds a Zacks Rank of 2 (Buy) and an A for Value, indicating strong potential for value investors [4] - The stock is trading at a P/E ratio of 9.99, significantly lower than the industry average P/E of 18.06, suggesting it may be undervalued [4] - Over the past 52 weeks, RIO's Forward P/E has fluctuated between 8.49 and 10.78, with a median of 9.64 [4] - RIO has a P/B ratio of 1.26, which is attractive compared to the industry's average P/B of 1.78, indicating a favorable valuation [5] - The P/B ratio for RIO has ranged from 1.13 to 1.56 over the past 12 months, with a median of 1.31 [5] - Overall, RIO's strong value metrics and positive earnings outlook position it as an impressive value stock at the moment [6]