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Riot Platforms (Riot Platforms) E10 : $-2.09 (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 $0.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-2.09 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 (2024-05-15), Riot Platforms's current stock price is $10.02. Riot Platforms's E10 for the quarter that ended in Mar. 2024 was $-2.09. 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 -21.40 -12.08 -5.40 -3.05 -2.32

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 -2.80 -2.62 -2.52 -2.32 -2.09

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)
=0.81/129.4194*129.4194
=0.810

Current CPI (Mar. 2024) = 129.4194.

Riot Platforms Quarterly Data

per share eps CPI Adj_EPS
201406 -0.640 100.560 -0.824
201409 -0.640 100.428 -0.825
201412 -0.560 99.070 -0.732
201503 -0.560 99.621 -0.728
201506 -0.520 100.684 -0.668
201509 -0.410 100.392 -0.529
201512 -0.760 99.792 -0.986
201603 0.140 100.470 0.180
201606 -0.220 101.688 -0.280
201609 -0.430 101.861 -0.546
201612 -0.540 101.863 -0.686
201703 -0.950 102.862 -1.195
201706 -0.260 103.349 -0.326
201709 -0.980 104.136 -1.218
201712 -1.120 104.011 -1.394
201803 -1.350 105.290 -1.659
201806 -1.810 106.317 -2.203
201809 -0.460 106.507 -0.559
201812 -0.770 105.998 -0.940
201903 -0.940 107.251 -1.134
201906 -0.080 108.070 -0.096
201909 -0.080 108.329 -0.096
201912 -0.090 108.420 -0.107
202003 -0.150 108.902 -0.178
202006 -0.310 108.767 -0.369
202009 -0.040 109.815 -0.047
202012 0.120 109.897 0.141
202103 0.090 111.754 0.104
202106 0.220 114.631 0.248
202109 -0.160 115.734 -0.179
202112 -0.300 117.630 -0.330
202203 0.310 121.301 0.331
202206 -2.710 125.017 -2.805
202209 -0.210 125.227 -0.217
202212 -1.040 125.222 -1.075
202303 0.110 127.348 0.112
202306 -0.170 128.729 -0.171
202309 -0.250 129.860 -0.249
202312 0.480 129.419 0.480
202403 0.810 129.419 0.810

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


Riot Platforms  (NAS: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 (Riot Platforms) 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.
Executives
William Richard Jackman officer: General Counsel C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Hubert Marleau director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Jason Chung officer: EVP, CORP DEV (SEE REMARKS) C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Lance Varro D'ambrosio director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Yi Soo Il Benjamin director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Jason Les director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Ryan D. Werner officer: SVP & CAO (See Remarks) C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Hannah Cho director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Yee Colin M. officer: CFO C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Chad Everett Harris officer: Subsidiary Officer See Remarks C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Megan M. Brooks officer: Chief Operating Officer C/O RIOT BLOCKCHAIN, INC., 3855 AMBROSIA STREET, STE 301, CASTLE ROCK CO 80109
Jefferey Mcgonegal officer: Chief Financial Officer 3855 AMBROSIA STREET, STE.301, CASTLE ROCK CO 80109
Data Ag Northern 10 percent owner AN DER WELLE 3, FRANKFURT AM MAIN 2M 60322
Lyle Joseph Theriot officer: Subsidiary Officer See Remarks C/O RIOT BLOCKCHAIN, INC., 3855 AMBROSIA STREET, STE. 301, CASTLE ROCK CO 80109
Remo Mancini director 6 LAIRD AVENUE SOUTH, AMHERSTBURG A6 N9V 1X5