Visa (BUE:V) Cyclically Adjusted Book per Share: ARS1,743.80 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUE:V Visa Inc BUE:V
99 GF Score
Price ARS34,060.00
GF Value ARS37,472.74
Valuation Fairly Valued
! 5 Warning Signs
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What is Visa Cyclically Adjusted Book per Share?

Visa BUE:V +0.12% 99 Cyclically Adjusted Book per Share is ARS1,743.80 as of Jun. 2026. GuruFocus rates BUE:V with a GF Score™ of 99/100 and a GF Value™ of ARS37,472.74 (Fairly Valued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Visa's adjusted book value per share for the three months ended in Jun. 2026 was ARS27,325.310. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ARS1,743.80 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Visa's average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.20% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Visa was 10.90% per year. The lowest was 5.40% per year. And the median was 8.00% per year.

As of today (2026-08-26), Visa's current stock price is ARS34060.00. Visa's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ARS1,743.80. Visa's Cyclically Adjusted PB Ratio of today is 19.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Visa was 19.48. The lowest was 7.95. And the median was 13.92.


Visa  (BUE:V) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Visa's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34060.00/1743.80
=19.53

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Visa was 19.48. The lowest was 7.95. And the median was 13.92.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Visa Cyclically Adjusted Book per Share Related Terms


Visa Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Visa's Cyclically Adjusted Book per Share 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.

Visa Cyclically Adjusted Book per Share Chart

Visa Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 463.18 688.04 564.33 1,276.50 1,665.94

Visa Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share 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 1,299.19 1,665.94 1,658.56 1,625.47 1,743.80

BUE:V vs MA, AXP, COF: Cyclically Adjusted Book per Share Comparison

For the Credit Services subindustry, Visa's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Visa Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Visa's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Visa's Cyclically Adjusted PB Ratio falls into.


BUE:V
99GF Score
Visa Inc BUE:V
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Visa Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

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

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, Visa's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=27325.31/333.9520*333.9520
=27,325.310

Current CPI (Jun. 2026) = 333.9520.

Visa Quarterly Data

Book Value per Share CPI Adj_Book
201609 211.547 241.428 292.620
201612 218.695 241.432 302.502
201703 207.721 243.801 284.531
201706 232.462 244.955 316.920
201709 254.948 246.819 344.951
201712 285.402 246.524 386.618
201803 309.230 249.554 413.810
201806 376.386 251.989 498.811
201809 570.263 252.439 754.402
201812 588.701 251.233 782.532
201903 617.249 254.202 810.897
201906 724.294 256.143 944.314
201909 845.238 256.759 1,099.354
201912 987.588 256.974 1,283.426
202003 946.374 258.115 1,224.429
202006 1,081.098 257.797 1,400.462
202009 1,237.825 260.280 1,588.190
202012 1,403.133 260.474 1,798.948
202103 1,556.031 264.877 1,961.815
202106 1,647.971 271.696 2,025.585
202109 1,607.792 274.310 1,957.367
202112 1,704.364 278.802 2,041.505
202203 1,806.459 287.504 2,098.303
202206 2,013.376 296.311 2,269.139
202209 2,222.508 296.808 2,500.643
202212 2,845.564 296.797 3,201.790
202303 3,531.752 301.836 3,907.538
202306 4,382.949 305.109 4,797.284
202309 6,404.273 307.789 6,948.656
202312 6,844.993 306.746 7,452.091
202403 16,362.055 312.332 17,494.656
202406 17,278.485 314.175 18,366.148
202409 18,362.796 315.301 19,449.010
202412 19,254.053 315.605 20,373.345
202503 20,305.039 319.799 21,203.657
202506 23,170.733 322.561 23,988.990
202509 26,215.029 324.800 26,953.699
202512 28,940.323 324.054 29,824.285
202603 25,935.971 330.213 26,229.644
202606 27,325.310 333.952 27,325.310

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ARS1,743.80 mean?
Visa (BUE:V) has a Cyclically Adjusted Book per Share of ARS1,743.80 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Visa and its competitors.
Is Visa's Cyclically Adjusted Book per Share too high?
Visa's current Cyclically Adjusted Book per Share is ARS1,743.80. Overall, Visa has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Visa's Cyclically Adjusted Book per Share compare to MA and AXP?
Visa's Cyclically Adjusted Book per Share of ARS1,743.80 can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Credit Services company?
A good Cyclically Adjusted Book per Share depends on the Credit Services industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Visa and its competitors. Visa's current Cyclically Adjusted Book per Share is ARS1,743.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visa stock overvalued right now?
Based on GuruFocus' analysis, Visa (BUE:V) is currently considered Fairly Valued. The stock's GF Value™ is ARS37,472.74, compared to a current price of ARS34,060.00 — trading 9.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is ARS1,743.80. Visa's overall GF Score™ is 99/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Visa (BUE:V), the current Cyclically Adjusted Book per Share is ARS1,743.80 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Visa (BUE:V) Overvalued in 2026?

Based on GuruFocus' analysis, Visa stock appears to be undervalued. The current stock price of ARS34,060.00 is trading 9.1% below its estimated GF Value™ of ARS37,472.74. GuruFocus considers Visa to be Fairly Valued.

Key valuation signals for BUE:V:

  • Cyclically Adjusted Book per Share: ARS1,743.80
  • GF Value™: ARS37,472.74 vs. price of ARS34,060.00 (9.1% below fair value)
  • GF Score™: 99/100 with 5 warning signs

No single metric tells the full story. See the BUE:V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Visa Business Description

Address P.O. Box 8999, San Francisco, CA, USA, 94128-8999
Visa is the largest payment processor in the world. In fiscal 2025, it processed almost $17 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
99GF Score

Get the complete analysis for BUE:V

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS34,060.00
Price
ARS37,472.74
GF Value