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Riot Platforms (MEX:RIOT) E10 : MXN-35.18 (As of Mar. 2024)


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What is Riot Platforms E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Riot Platforms's adjusted earnings per share data for the three months ended in Mar. 2024 was MXN13.443. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN-35.18 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 42.30% per year. During the past 5 years, the average E10 Growth Rate was 43.70% per year. During the past 10 years, the average E10 Growth Rate was 29.20% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Riot Platforms was 47.80% per year. The lowest was 5.20% per year. And the median was 17.85% per year.

As of today (2024-06-25), Riot Platforms's current stock price is MXN165.16. Riot Platforms's E10 for the quarter that ended in Mar. 2024 was MXN-35.18. Riot Platforms's Shiller PE Ratio of today is .


Riot Platforms E10 Historical Data

The historical data trend for Riot Platforms's E10 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.

* Premium members only.

Riot Platforms E10 Chart

Riot Platforms Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -111.39 -57.77 -39.33

Riot Platforms Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 -50.62 -44.88 -43.76 -39.33 -35.18

Competitive Comparison of Riot Platforms's E10

For the Capital Markets subindustry, Riot Platforms's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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's Shiller PE Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Riot Platforms's Shiller PE Ratio falls into.



Riot Platforms E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=13.443/131.7762*131.7762
=13.443

Current CPI (Mar. 2024) = 131.7762.

Riot Platforms Quarterly Data

per share eps CPI Adj_EPS
201406 -8.300 100.560 -10.877
201409 -8.593 100.428 -11.275
201412 -8.260 99.070 -10.987
201503 -8.537 99.621 -11.293
201506 -8.159 100.684 -10.679
201509 -6.928 100.392 -9.094
201512 -13.068 99.792 -17.256
201603 2.410 100.470 3.161
201606 -4.069 101.688 -5.273
201609 -8.314 101.861 -10.756
201612 -11.133 101.863 -14.402
201703 -17.888 102.862 -22.916
201706 -4.700 103.349 -5.993
201709 -17.785 104.136 -22.506
201712 -21.996 104.011 -27.868
201803 -24.526 105.290 -30.696
201806 -35.566 106.317 -44.083
201809 -8.604 106.507 -10.645
201812 -15.119 105.998 -18.796
201903 -18.234 107.251 -22.404
201906 -1.537 108.070 -1.874
201909 -1.579 108.329 -1.921
201912 -1.697 108.420 -2.063
202003 -3.517 108.902 -4.256
202006 -7.155 108.767 -8.669
202009 -0.884 109.815 -1.061
202012 2.387 109.897 2.862
202103 1.840 111.754 2.170
202106 4.379 114.631 5.034
202109 -3.290 115.734 -3.746
202112 -6.154 117.630 -6.894
202203 6.172 121.301 6.705
202206 -54.520 125.017 -57.468
202209 -4.224 125.227 -4.445
202212 -20.276 125.222 -21.337
202303 1.983 127.348 2.052
202306 -2.914 128.729 -2.983
202309 -4.355 129.860 -4.419
202312 8.148 129.419 8.296
202403 13.443 131.776 13.443

Add all the adjusted EPS together and divide 10 will get our e10.


Riot Platforms  (MEX:RIOT) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Riot Platforms E10 Related Terms

Thank you for viewing the detailed overview of Riot Platforms's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Riot Platforms (MEX:RIOT) Business Description

Traded in Other Exchanges
Address
3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109
Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. Distributed blockchain technology is a decentralized and encrypted ledger that is designed to offer a secure, efficient, verifiable, and permanent way of storing records and other information without the need for intermediaries. It serves as a medium of exchange, store of value, or unit of account. The company's segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment.