Riot Platforms (MEX:RIOT) Cyclically Adjusted PS Ratio: 16.43 (As of Jul. 15, 2026) — 63% Above Median

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MEX:RIOT Riot Platforms Inc MEX:RIOT
70 GF Score
Price MXN349.51
GF Value MXN233.47
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Riot Platforms Cyclically Adjusted PS Ratio?

Riot Platforms MEX:RIOT +1.84% 70 Cyclically Adjusted PS Ratio is 16.43 as of Jul. 15, 2026, which is 63% above its 10-year median of 10.10. GuruFocus rates MEX:RIOT with a GF Score™ of 70/100 and a GF Value™ of MXN233.47 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 603 Capital Markets companies, Riot Platforms ranks worse than 90.22% on this metric.

As of today (2026-07-15), Riot Platforms's current share price is MXN349.51. Riot Platforms's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN21.27. Riot Platforms's Cyclically Adjusted PS Ratio for today is 16.43.

The historical rank and industry rank for Riot Platforms's Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:RIOT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 10.1   Max: 192.78
Current: 17.12

During the past years, Riot Platforms's highest Cyclically Adjusted PS Ratio was 192.78. The lowest was 0.78. And the median was 10.10.

MEX:RIOT's Cyclically Adjusted PS Ratio is ranked worse than
90.22% of 603 companies
in the Capital Markets industry
Industry Median: 3.25 vs MEX:RIOT: 17.12

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Riot Platforms's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN8.674. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN21.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Riot Platforms  (MEX:RIOT) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Riot Platforms Cyclically Adjusted PS Ratio Related Terms


Riot Platforms Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Riot Platforms's Cyclically Adjusted PS Ratio 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 PS Ratio Chart

Riot Platforms Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.71 5.58 19.88 11.12 11.40

Riot Platforms Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio 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 7.28 11.02 17.72 11.40 10.48

MEX:RIOT vs SNEX, SF, JEF: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Riot Platforms's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Capital Markets Industry

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

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


MEX:RIOT
70GF Score
Riot Platforms Inc MEX:RIOT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riot Platforms Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Riot Platforms's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=349.51/21.27
=16.43

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=8.674/330.2130*330.2130
=8.674

Current CPI (Mar. 2026) = 330.2130.

Riot Platforms Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.115 241.018 0.158
201609 0.116 241.428 0.159
201612 0.110 241.432 0.150
201703 0.098 243.801 0.133
201706 0.085 244.955 0.115
201709 0.081 246.819 0.108
201712 0.432 246.524 0.579
201803 1.369 249.554 1.811
201806 4.062 251.989 5.323
201809 3.118 252.439 4.079
201812 2.434 251.233 3.199
201903 1.920 254.202 2.494
201906 2.963 256.143 3.820
201909 1.470 256.759 1.891
201912 0.925 256.974 1.189
202003 1.957 258.115 2.504
202006 1.298 257.797 1.663
202009 1.215 260.280 1.541
202012 1.758 260.474 2.229
202103 5.664 264.877 7.061
202106 7.662 271.696 9.312
202109 13.872 274.310 16.699
202112 17.630 278.802 20.881
202203 13.573 287.504 15.589
202206 11.254 296.311 12.542
202209 6.050 296.808 6.731
202212 7.514 296.797 8.360
202303 7.670 301.836 8.391
202306 7.862 305.109 8.509
202309 4.995 307.789 5.359
202312 6.902 306.746 7.430
202403 5.016 312.332 5.303
202406 4.847 314.175 5.094
202409 5.832 315.301 6.108
202412 8.621 315.605 9.020
202503 10.020 319.799 10.346
202506 7.528 322.561 7.707
202509 8.200 324.800 8.337
202512 7.406 324.054 7.547
202603 8.674 330.213 8.674

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 16.43 mean?
Riot Platforms (MEX:RIOT) has a Cyclically Adjusted PS Ratio of 16.43 as of Jul. 15, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Riot Platforms and its competitors. This is 63% above median its historical median of 10.10. Over the past decade, Riot Platforms' Cyclically Adjusted PS Ratio has ranged from 0.78 to 192.78. According to the industry distribution chart, Riot Platforms ranks #544 out of 603 companies in the Capital Markets industry, placing it in the top 90.2%.
Is Riot Platforms' Cyclically Adjusted PS Ratio too high?
Riot Platforms' current Cyclically Adjusted PS Ratio of 16.43 is 63% above median its 10-year median of 10.10. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 192.78. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.25. Riot Platforms' value of 16.43 is 405.5% above this industry median. Based on the distribution chart, Riot Platforms ranks #544 out of 603 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Riot Platforms has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riot Platforms' Cyclically Adjusted PS Ratio compare to SNEX and SF?
According to the Capital Markets industry distribution chart, Riot Platforms ranks #544 out of 603 companies for Cyclically Adjusted PS Ratio. This places Riot Platforms in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.25. Riot Platforms' value of 16.43 is 405.5% above this benchmark. Historically, Riot Platforms' own Cyclically Adjusted PS Ratio has ranged from 0.78 to 192.78 over the past decade. While the company's 10-year median is 10.10 vs. the industry median of 3.25, Riot Platforms has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.25, based on 603 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Riot Platforms's current Cyclically Adjusted PS Ratio of 16.43 is 405.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Riot Platforms and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riot Platforms's current Cyclically Adjusted PS Ratio is 16.43, which is 63% above median its own 10-year median of 10.10. 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 MXN233.47, compared to a current price of MXN349.51 — trading 49.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 16.43, which is 63% above median its 10-year median of 10.10 and 405.5% above the Capital Markets industry median of 3.25. Riot Platforms' overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Riot Platforms (MEX:RIOT), the current Cyclically Adjusted PS Ratio is 16.43 as of Jul. 15, 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 MXN349.51 is trading 49.7% above its estimated GF Value™ of MXN233.47. GuruFocus considers Riot Platforms to be Significantly Overvalued.

Key valuation signals for MEX:RIOT:

  • Cyclically Adjusted PS Ratio: 16.43 (63% above median its 10-year median of 10.10)
  • GF Value™: MXN233.47 vs. price of MXN349.51 (49.7% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 405.5% above the Capital Markets median (#544 of 603)

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.
70GF Score

Get the complete analysis for MEX:RIOT

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

MXN349.51
Price
MXN233.47
GF Value