Question 1

What is Visa's P/E ratio?

Accepted Answer

Visa (V) P/E ratio is 28.1× as of June 5, 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 Visa?

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 Visa specifically, the relevant sector benchmark is the current sector median of 12.8×.

Question 5

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

Accepted Answer

Visa's P/E ratio of 28.1× is below its own 5-year average of 31.3× and above the sector median of 12.8×. That places the current reading at the 5th 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 Visa's historical P/E ratio range?

Accepted Answer

In the available daily series, Visa (V) P/E ratio has ranged from a low of 15.6× in 2011 to a high of 73.5× in 2012. The 5-year average is 31.3× and the 5-year median is 30.4×.

Question 7

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

Accepted Answer

Visa (V) P/E ratio at the end of 2025 was 32.7×. 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 Visa'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	$656.82B	$20.06B	32.7×	+4.9×	Sep 30, 2025
2024	$550.72B	$19.74B	27.9×	+0.4×	Sep 30, 2024
2023	$474.97B	$17.27B	27.5×	+2.4×	Sep 30, 2023
2022	$375.91B	$14.96B	25.1×	-13.3×	Sep 30, 2022
2021	$473.19B	$12.31B	38.4×	-0.7×	Sep 30, 2021
2020	$425.60B	$10.87B	39.2×	+8.3×	Sep 30, 2020
2019	$372.80B	$12.08B	30.9×	-1.7×	Sep 30, 2019
2018	$334.95B	$10.30B	32.5×	-3.3×	Sep 30, 2018
2017	$240.05B	$6.70B	35.8×	+3.4×	Sep 30, 2017
2016	$194.34B	$5.99B	32.4×	+5.7×	Sep 30, 2016
2015	$169.13B	$6.33B	26.7×	+2.4×	Sep 30, 2015
2014	$132.07B	$5.44B	24.3×	-0.2×	Sep 30, 2014
2013	$122.13B	$4.98B	24.5×	-27.0×	Sep 30, 2013
2012	$110.47B	$2.14B	51.5×	+32.5×	Sep 30, 2012
2011	$69.60B	$3.65B	19.1×	-8.2×	Sep 30, 2011
2010	$80.85B	$2.97B	27.3×	+5.2×	Sep 30, 2010
2009	$51.94B	$2.35B	22.1×	-31.7×	Sep 30, 2009
2008	$43.26B	$804.00M	53.8×	—	Sep 30, 2008
2007	$41.34B	−$1.08B	—	—	Sep 30, 2007


Globe Life (GL-PD)	9.7×
UMB Financial (UMBF)	9.7×
T. Rowe Price (TROW)	9.6×
Everest Re Group (RE)	9.6×
Old Republic International (ORI)	9.5×
First Financial (THFF)	9.3×
Globe Life (GL)	9.3×
The Hartford (HIG)	9.3×
Assured Guaranty (AGO)	8.9×
Cincinnati Financial (CINF)	8.8×
Federal Agricultural Mortgage (AGM)	8.8×
Ally Financial (ALLY)	8.7×
Travelers Companies (TRV)	8.3×
PayPal (PYPL)	8.2×
Farmers & Merchants Bancorp (FMCB)	8.0×
Chesapeake Financial Shares (CPKF)	7.6×
PSB Holdings (PSBQ)	7.5×
Arch Capital Group (ACGL)	7.1×
AXIS Capital Holdings (AXS)	7.0×
Tompkins Financial (TMP)	6.7×
Everest Re Group (EG)	6.5×
Synchrony Financial (SYF)	6.5×
Mercury General (MCY)	5.8×
RenaissanceRe Holdings (RNR)	4.5×
Allstate (ALL)	4.4×

P/E Ratio for Visa (V)

P/E Ratio daily chart for Visa (V)

Historical P/E Ratio for Visa (V) from 2007 to 2025

About P/E Ratio at Visa (V)

Visa P/E Ratio by Year

Visa P/E Ratio 2025: 32.7×

Visa P/E Ratio 2024: 27.9×

Visa P/E Ratio 2023: 27.5×

Visa P/E Ratio 2022: 25.1×

Visa P/E Ratio 2021: 38.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Visa (V) Key Financials

P/E Ratio daily chart for Visa (V)

Historical P/E Ratio for Visa (V) from 2007 to 2025

About P/E Ratio at Visa (V)

Visa P/E Ratio by Year

Visa P/E Ratio 2025: 32.7×

Visa P/E Ratio 2024: 27.9×

Visa P/E Ratio 2023: 27.5×

Visa P/E Ratio 2022: 25.1×

Visa P/E Ratio 2021: 38.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Visa's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Visa?

+Is Visa's P/E ratio high or low?

+What is Visa's historical P/E ratio range?

+What was Visa's P/E ratio in 2025?

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

Visa (V) Key Financials