Riot Platforms (MEX:RIOT) Cyclically Adjusted Book per Share: MXN103.22 (As of Jun. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:RIOT Riot Platforms Inc MEX:RIOT
69 GF Score
Price MXN328.78
GF Value MXN245.37
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Riot Platforms Cyclically Adjusted Book per Share?

Riot Platforms MEX:RIOT -4.70% 69 Cyclically Adjusted Book per Share is MXN103.22 as of Jun. 2026. GuruFocus rates MEX:RIOT with a GF Score™ of 69/100 and a GF Value™ of MXN245.37 (Significantly Overvalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Riot Platforms's adjusted book value per share for the three months ended in Jun. 2026 was MXN101.208. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN103.22 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Riot Platforms's average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -25.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Riot Platforms was 4.10% per year. The lowest was -44.10% per year. And the median was -12.15% per year.

As of today (2026-08-14), Riot Platforms's current stock price is MXN328.78. Riot Platforms's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN103.22. Riot Platforms's Cyclically Adjusted PB Ratio of today is 3.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Riot Platforms was 9.05. The lowest was 0.04. And the median was 1.29.


Riot Platforms  (MEX:RIOT) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Riot Platforms's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=328.78/103.22
=3.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Riot Platforms was 9.05. The lowest was 0.04. And the median was 1.29.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Riot Platforms Cyclically Adjusted Book per Share Related Terms


Riot Platforms Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Riot Platforms's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Riot Platforms Cyclically Adjusted Book per Share Chart

Riot Platforms Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.44 96.60 87.99 113.29 104.97

Riot Platforms Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 105.80 103.74 104.97 105.98 103.22

MEX:RIOT vs XP, SNEX, WULF: Cyclically Adjusted Book per Share Comparison

For the Capital Markets subindustry, Riot Platforms's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Riot Platforms Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Riot Platforms's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Riot Platforms's Cyclically Adjusted PB Ratio falls into.


MEX:RIOT
69GF Score
Riot Platforms Inc MEX:RIOT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riot Platforms Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Riot Platforms's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=101.208/333.9520*333.9520
=101.208

Current CPI (Jun. 2026) = 333.9520.

Riot Platforms Quarterly Data

Book Value per Share CPI Adj_Book
201609 73.109 241.428 101.127
201612 68.296 241.432 94.468
201703 39.698 243.801 54.377
201706 36.913 244.955 50.324
201709 35.533 246.819 48.077
201712 69.494 246.524 94.140
201803 51.419 249.554 68.809
201806 24.144 251.989 31.997
201809 20.934 252.439 27.694
201812 7.733 251.233 10.279
201903 -9.619 254.202 -12.637
201906 22.138 256.143 28.863
201909 22.946 256.759 29.845
201912 19.715 256.974 25.621
202003 25.097 258.115 32.471
202006 17.548 257.797 22.732
202009 27.388 260.280 35.140
202012 70.183 260.474 89.981
202103 89.375 264.877 112.682
202106 148.163 271.696 182.113
202109 162.941 274.310 198.369
202112 236.922 278.802 283.788
202203 235.543 287.504 273.596
202206 175.174 296.311 197.427
202209 156.230 296.808 175.781
202212 133.820 296.797 150.572
202303 117.903 301.836 130.448
202306 116.729 305.109 127.764
202309 118.968 307.789 129.081
202312 138.833 306.746 151.146
202403 153.297 312.332 163.908
202406 166.911 314.175 177.418
202409 166.921 315.301 176.795
202412 190.100 315.605 201.151
202503 172.041 319.799 179.655
202506 170.853 322.561 176.887
202509 173.239 324.800 178.120
202512 138.512 324.054 142.743
202603 113.946 330.213 115.236
202606 101.208 333.952 101.208

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of MXN103.22 mean?
Riot Platforms (MEX:RIOT) has a Cyclically Adjusted Book per Share of MXN103.22 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Riot Platforms and its competitors.
Is Riot Platforms' Cyclically Adjusted Book per Share too high?
Riot Platforms' current Cyclically Adjusted Book per Share is MXN103.22. Overall, Riot Platforms has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riot Platforms' Cyclically Adjusted Book per Share compare to XP and SNEX?
Riot Platforms' Cyclically Adjusted Book per Share of MXN103.22 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Capital Markets company?
A good Cyclically Adjusted Book per Share depends on the Capital Markets industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Riot Platforms and its competitors. Riot Platforms's current Cyclically Adjusted Book per Share is MXN103.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riot Platforms stock overvalued right now?
Based on GuruFocus' analysis, Riot Platforms (MEX:RIOT) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN245.37, compared to a current price of MXN328.78 — trading 34% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN103.22. Riot Platforms' overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Riot Platforms (MEX:RIOT), the current Cyclically Adjusted Book per Share is MXN103.22 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Riot Platforms (MEX:RIOT) Overvalued in 2026?

Based on GuruFocus' analysis, Riot Platforms stock appears to be overvalued. The current stock price of MXN328.78 is trading 34% above its estimated GF Value™ of MXN245.37. GuruFocus considers Riot Platforms to be Significantly Overvalued.

Key valuation signals for MEX:RIOT:

  • Cyclically Adjusted Book per Share: MXN103.22
  • GF Value™: MXN245.37 vs. price of MXN328.78 (34% above fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the MEX:RIOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riot Platforms Business Description

Address 3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109
Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets. The Company's business centers on enhancing its electrical infrastructure and deploying it across two complementary platforms: (i) Bitcoin Mining and (ii) scalable data center solutions designed to support non-mining workloads. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
69GF Score

Get the complete analysis for MEX:RIOT

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN328.78
Price
MXN245.37
GF Value