MRDN (Meridian Holdings) Cyclically Adjusted Revenue per Share: $11.23 (As of Jun. 2026)

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MRDN Meridian Holdings Inc MRDN
74 GF Score
Price $14.30
GF Value $25.12
Valuation Possible Value Trap
! 8 Warning Signs
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What is Meridian Holdings Cyclically Adjusted Revenue per Share?

Meridian Holdings MRDN +1.49% 74 Cyclically Adjusted Revenue per Share is $11.23 as of Jun. 2026. GuruFocus rates MRDN with a GF Score™ of 74/100 and a GF Value™ of $25.12 (Possible Value Trap). The stock has 8 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.

Meridian Holdings's adjusted revenue per share for the three months ended in Jun. 2026 was $3.934. 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 $11.23 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Meridian Holdings's average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% 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 Meridian Holdings was 17.90% per year. The lowest was -9.40% per year. And the median was 8.25% per year.

As of today (2026-08-15), Meridian Holdings's current stock price is $14.30. Meridian Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $11.23. Meridian Holdings's Cyclically Adjusted PS Ratio of today is 1.27.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Meridian Holdings was 26.99. The lowest was 0.12. And the median was 3.18.


Meridian Holdings  (NAS:MRDN) 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.

Meridian Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.30/11.23
=1.27

* 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 Meridian Holdings was 26.99. The lowest was 0.12. And the median was 3.18.


Be Aware

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


Meridian Holdings Cyclically Adjusted Revenue per Share Related Terms


Meridian Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Meridian Holdings'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.

Meridian Holdings Cyclically Adjusted Revenue per Share Chart

Meridian Holdings Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jan21 Oct22 Oct23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.98 7.56 8.78 9.81 10.67

Meridian Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 10.32 10.54 10.67 10.99 11.23

MRDN vs INSE, ROLR, GRSD: Cyclically Adjusted Revenue per Share Comparison

For the Gambling subindustry, Meridian Holdings'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.


Meridian Holdings Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Meridian Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MRDN
74GF Score
Meridian Holdings Inc MRDN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meridian Holdings 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, Meridian Holdings's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.934/333.9520*333.9520
=3.934

Current CPI (Jun. 2026) = 333.9520.

Meridian Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 20.000 240.628 27.757
201610 0.259 241.729 0.358
201701 0.214 242.839 0.294
201704 0.042 244.524 0.057
201707 0.385 244.786 0.525
201710 0.201 246.663 0.272
201801 0.024 247.867 0.032
201804 0.420 250.546 0.560
201807 0.351 252.006 0.465
201810 0.415 252.885 0.548
201901 0.451 251.712 0.598
201904 0.465 255.548 0.608
201907 0.502 256.571 0.653
201910 0.378 257.346 0.491
202001 0.378 257.971 0.489
202004 0.313 256.389 0.408
202007 0.396 259.101 0.510
202010 0.550 260.388 0.705
202101 0.729 261.582 0.931
202104 0.906 267.054 1.133
202107 1.123 273.003 1.374
202110 1.280 276.589 1.545
202201 2.979 281.148 3.539
202204 2.835 289.109 3.275
202207 2.987 296.276 3.367
202210 4.075 298.012 4.566
202301 3.883 299.170 4.334
202304 3.426 303.363 3.771
202307 3.755 305.691 4.102
202310 3.910 307.671 4.244
202401 3.665 308.417 3.968
202406 3.682 314.175 3.914
202409 4.048 315.301 4.287
202412 4.288 315.605 4.537
202503 3.892 319.799 4.064
202506 3.761 322.561 3.894
202509 3.977 324.800 4.089
202512 4.055 324.054 4.179
202603 3.919 330.213 3.963
202606 3.934 333.952 3.934

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 $11.23 mean?
Meridian Holdings (MRDN) has a Cyclically Adjusted Revenue per Share of $11.23 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Meridian Holdings and its competitors.
Is Meridian Holdings' Cyclically Adjusted Revenue per Share too high?
Meridian Holdings' current Cyclically Adjusted Revenue per Share is $11.23. Overall, Meridian Holdings has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meridian Holdings' Cyclically Adjusted Revenue per Share compare to INSE and ROLR?
Meridian Holdings' Cyclically Adjusted Revenue per Share of $11.23 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Revenue per Share depends on the Travel & Leisure 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 Meridian Holdings and its competitors. Meridian Holdings's current Cyclically Adjusted Revenue per Share is $11.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Holdings stock overvalued right now?
Based on GuruFocus' analysis, Meridian Holdings (MRDN) is currently considered Possible Value Trap. The stock's GF Value™ is $25.12, compared to a current price of $14.30 — trading 43.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $11.23. Meridian Holdings' overall GF Score™ is 74/100 with 8 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 Meridian Holdings (MRDN), the current Cyclically Adjusted Revenue per Share is $11.23 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 Meridian Holdings (MRDN) Overvalued in 2026?

Based on GuruFocus' analysis, Meridian Holdings stock appears to be undervalued. The current stock price of $14.30 is trading 43.1% below its estimated GF Value™ of $25.12. GuruFocus considers Meridian Holdings to be Possible Value Trap.

Key valuation signals for MRDN:

  • Cyclically Adjusted Revenue per Share: $11.23
  • GF Value™: $25.12 vs. price of $14.30 (43.1% below fair value)
  • GF Score™: 74/100 with 8 warning signs

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


Meridian Holdings Business Description

Other Exchanges SE0:Germany
Address 3651 Lindell Road, Suite D555, Las Vegas, NV, USA, 89103
Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region. The RKings & CFAC segment is involved in pay-to-enter prize competitions and trade promotions conducted in the United Kingdom and Australia. It generates the majority of its revenue from the MeridianBet Group segment.
74GF Score

Get the complete analysis for MRDN

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

$14.30
Price
$25.12
GF Value