Question 1

What is Fiserv's P/E ratio?

Accepted Answer

Fiserv (FISV) P/E ratio is 8.4× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Fiserv?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Fiserv specifically, the relevant sector benchmark is the current sector median of 29.4×.

Question 5

Is Fiserv's P/E ratio high or low?

Accepted Answer

Fiserv's P/E ratio of 8.4× is below its own 5-year average of 31.4× and below the sector median of 29.4×. That places the current reading at the 1th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Fiserv's historical P/E ratio range?

Accepted Answer

In the available daily series, Fiserv (FISV) P/E ratio has ranged from a low of 7.9× in 2026 to a high of 91.5× in 2021. The 5-year average is 31.4× and the 5-year median is 28.8×.

Question 7

What was Fiserv's P/E ratio in 2025?

Accepted Answer

Fiserv (FISV) P/E ratio at the end of 2025 was 10.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Fiserv's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$36.1B	$3.48B	10.4×	-27.6×	Dec 31, 2025
2024	$119B	$3.13B	38.0×	+12.0×	Dec 31, 2024
2023	$79.8B	$3.07B	26.0×	+0.6×	Dec 31, 2023
2022	$64.3B	$2.53B	25.4×	-25.2×	Dec 31, 2022
2021	$67.5B	$1.33B	50.6×	-29.0×	Dec 31, 2021
2020	$76.2B	$958M	79.5×	-8.5×	Dec 31, 2020
2019	$78.6B	$893M	88.0×	+63.7×	Dec 31, 2019
2018	$28.8B	$1.19B	24.3×	+2.6×	Dec 31, 2018
2017	$27.1B	$1.25B	21.7×	-2.9×	Dec 31, 2017
2016	$22.9B	$930M	24.6×	-4.3×	Dec 31, 2016
2015	$20.6B	$712M	28.9×	+6.3×	Dec 31, 2015
2014	$17.1B	$754M	22.6×	-0.8×	Dec 31, 2014
2013	$15.2B	$648M	23.4×	+6.1×	Dec 31, 2013
2012	$10.5B	$611M	17.3×	-0.2×	Dec 31, 2012
2011	$8.23B	$472M	17.4×	-0.0×	Dec 31, 2011
2010	$8.67B	$496M	17.5×	+1.8×	Dec 31, 2010
2009	$7.45B	$476M	15.6×	+5.5×	Dec 31, 2009
2008	$5.75B	$569M	10.1×	-10.6×	Dec 31, 2008
2007	$9.11B	$439M	20.7×	+0.7×	Dec 31, 2007
2006	$9.03B	$450M	20.1×	+4.7×	Dec 31, 2006
2005	$7.94B	$516M	15.4×	-5.4×	Dec 31, 2005
2004	$7.84B	$378M	20.8×	-3.6×	Dec 31, 2004
2003	$7.67B	$315M	24.4×	-0.1×	Dec 31, 2003
2002	$6.51B	$266M	24.5×	—	Dec 31, 2002


Ondas Holdings (ONDS)	16.4×
Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Accenture (ACN)	15.4×
Gartner (IT)	14.9×
CDW (CDW)	14.5×
Adobe (ADBE)	14.4×
Leidos Holdings (LDOS)	14.1×
Zoom Communications (ZM)	13.8×
QUALCOMM (QCOM)	13.7×
PTC (PTC)	13.5×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
Cognizant (CTSH)	13.1×
First Solar (FSLR)	12.7×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Sunrun (RUN)	5.6×
Lyft (LYFT)	1.8×
IBM (IBM)	0.0×

P/E Ratio for Fiserv (FISV) 2002-2026

P/E Ratio daily chart for Fiserv (FISV)

Historical P/E Ratio for Fiserv (FISV) from 2002 to 2025

About P/E Ratio at Fiserv (FISV)

Fiserv P/E Ratio by Year

Fiserv P/E Ratio 2025: 10.4×

Fiserv P/E Ratio 2024: 38.0×

Fiserv P/E Ratio 2023: 26.0×

Fiserv P/E Ratio 2022: 25.4×

Fiserv P/E Ratio 2021: 50.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Fiserv (FISV) Key Financials