After ranking as the 49th most valuable footballer in the world during 2018, many would have expected the ageing Ronaldo to continue the decline.
But since his club-record move to Juventus, the five-time Ballon d'Or winner has seen his estimated value increase from €80.4 to €127m.
While this marks a remarkable achievement for a professional footballer at his age, the Portugal captain only ranks 19th within the new year.
His long-standing rival and fellow five-time Ballon d'Or winner Lionel Messi has dropped down from second place to seventh over the past 12 months.
France and Paris Saint-Germain wonderkid Kylian Mbappe has soared past Neymar Jr and Harry Kane to the summit of the list - while Mohamed Salah and Raheem Sterling has entered the top-five for the first time.
Top-ten most valuable footballers in 2019, as per the CIES report
1. Kylian Mbappe (PSG) - €218.5m
2. Harry Kane (Tottenham) - €200.3m
3. Neymar (PSG) - €197.1m
4. Raheem Sterling (Manchester City) - €185.8m
5. Mohamed Salah (Liverpool) - €184.3m
6. Paulo Dybala (Juventus) - €171.9m
7. Lionel Messi (Barcelona) - €171.2m
8. Romelu Lukaku (Manchester United) - €162.0m
9. Philippe Coutinho (Barcelona) - €157.0m
10. Leroy Sane (Manchester City) - €156.1m
The valuations are determined by the CIES’ ‘exclusive algorithm' which considers a variety of attributes including age, results, position and league.