Riot Platforms (MEX:RIOT) Cyclically Adjusted Revenue per Share: MXN21.27 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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
70 GF Score
Price MXN343.20
GF Value MXN229.08
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Riot Platforms Cyclically Adjusted Revenue per Share?

Riot Platforms MEX:RIOT -6.99% 70 Cyclically Adjusted Revenue per Share is MXN21.27 as of Mar. 2026. GuruFocus rates MEX:RIOT with a GF Score™ of 70/100 and a GF Value™ of MXN229.08 (Significantly Overvalued). The stock has 5 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 Revenue per Share and 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 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 the count will get our Cyclically Adjusted Revenue per Share, which is MXN21.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Riot Platforms's average Cyclically Adjusted Revenue Growth Rate was 20.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 22.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 26.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -12.00% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Riot Platforms was 30.90% per year. The lowest was -40.70% per year. And the median was -23.65% per year.

As of today (2026-07-14), Riot Platforms's current stock price is MXN343.20. 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 of today is 16.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Riot Platforms was 192.78. The lowest was 0.78. And the median was 10.10.


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

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=343.20/21.27
=16.14

* 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 PS Ratio of Riot Platforms was 192.78. The lowest was 0.78. And the median was 10.10.


Be Aware

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


Riot Platforms Cyclically Adjusted Revenue per Share Related Terms


Riot Platforms Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Riot Platforms's Cyclically Adjusted Revenue 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 Revenue per Share Chart

Riot Platforms Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.46 11.55 13.22 19.19 20.23

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 Revenue 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 19.92 19.39 19.41 20.23 21.27

MEX:RIOT vs SNEX, SF, JEF: Cyclically Adjusted Revenue per Share 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 Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riot Platforms Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

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.

What does a Cyclically Adjusted Revenue per Share of MXN21.27 mean?
Riot Platforms (MEX:RIOT) has a Cyclically Adjusted Revenue per Share of MXN21.27 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Riot Platforms and its competitors.
Is Riot Platforms' Cyclically Adjusted Revenue per Share too high?
Riot Platforms' current Cyclically Adjusted Revenue per Share is MXN21.27. 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 Revenue per Share compare to SNEX and SF?
Riot Platforms' Cyclically Adjusted Revenue per Share of MXN21.27 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 Revenue per Share for a Capital Markets company?
A good Cyclically Adjusted Revenue per Share depends on the Capital Markets industry context. However, Cyclically Adjusted Revenue 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 Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Riot Platforms and its competitors. Riot Platforms's current Cyclically Adjusted Revenue per Share is MXN21.27. 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 MXN229.08, compared to a current price of MXN343.20 — trading 49.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN21.27. 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Riot Platforms (MEX:RIOT), the current Cyclically Adjusted Revenue per Share is MXN21.27 as of Mar. 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 MXN343.20 is trading 49.8% above its estimated GF Value™ of MXN229.08. GuruFocus considers Riot Platforms to be Significantly Overvalued.

Key valuation signals for MEX:RIOT:

  • Cyclically Adjusted Revenue per Share: MXN21.27
  • GF Value™: MXN229.08 vs. price of MXN343.20 (49.8% above fair value)
  • GF Score™: 70/100 with 5 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.
70GF Score

Get the complete analysis for MEX:RIOT

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

MXN343.20
Price
MXN229.08
GF Value