Visa (MEX:V) Cyclically Adjusted Book per Share: MXN352.27 (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.
Reviewed by: Charlie Tian Charlie Tian
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.

MEX:V Visa Inc MEX:V
99 GF Score
Price MXN6,190.01
GF Value MXN7,213.60
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Visa Cyclically Adjusted Book per Share?

Visa MEX:V +0.47% 99 Cyclically Adjusted Book per Share is MXN352.27 as of Jun. 2026. GuruFocus rates MEX:V with a GF Score™ of 99/100 and a GF Value™ of MXN7,213.60 (Modestly Undervalued). The stock has 3 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 MXN321.900. 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 MXN352.27 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 (2026-08-16), Visa's current stock price is MXN6190.01. Visa's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN352.27. Visa's Cyclically Adjusted PB Ratio of today is 17.57.

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 13.89.


Visa  (MEX: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
=6190.01/352.27
=17.57

* 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 13.89.


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 310.93 335.25 307.88 364.45 356.47

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 359.93 356.47 353.65 357.01 352.27

MEX: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.


MEX:V
99GF Score
Visa Inc MEX: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)
=321.9/333.9520*333.9520
=321.900

Current CPI (Jun. 2026) = 333.9520.

Visa Quarterly Data

Book Value per Share CPI Adj_Book
201609 274.213 241.428 379.301
201612 284.425 241.432 393.420
201703 253.692 243.801 347.500
201706 254.851 244.955 347.443
201709 264.034 246.819 357.244
201712 293.541 246.524 397.643
201803 278.821 249.554 373.117
201806 296.543 251.989 392.998
201809 289.866 252.439 383.464
201812 306.568 251.233 407.506
201903 306.303 254.202 402.398
201906 311.397 256.143 405.991
201909 298.371 256.759 388.074
201912 311.608 256.974 404.952
202003 357.513 258.115 462.554
202006 364.505 257.797 472.182
202009 368.330 260.280 472.585
202012 342.973 260.474 439.723
202103 353.095 264.877 445.176
202106 346.295 271.696 425.644
202109 338.100 274.310 411.612
202112 346.206 278.802 414.689
202203 334.988 287.504 389.107
202206 336.617 296.311 379.378
202209 321.740 296.808 362.004
202212 330.910 296.797 372.335
202303 322.247 301.836 356.535
202306 313.087 305.109 342.684
202309 318.775 307.789 345.872
202312 321.852 306.746 350.398
202403 322.313 312.332 344.624
202406 353.483 314.175 375.734
202409 380.399 315.301 402.901
202412 397.581 315.605 420.693
202503 389.672 319.799 406.917
202506 367.482 322.561 380.459
202509 354.116 324.800 364.094
202512 359.004 324.054 369.970
202603 334.488 330.213 338.275
202606 321.900 333.952 321.900

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 MXN352.27 mean?
Visa (MEX:V) has a Cyclically Adjusted Book per Share of MXN352.27 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 MXN352.27. Overall, Visa has a GF Score™ of 99/100 and is considered Modestly Undervalued, 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 MXN352.27 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 MXN352.27. 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 (MEX:V) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN7,213.60, compared to a current price of MXN6,190.01 — trading 14.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN352.27. Visa's overall GF Score™ is 99/100 with 3 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 (MEX:V), the current Cyclically Adjusted Book per Share is MXN352.27 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 (MEX:V) Overvalued in 2026?

Based on GuruFocus' analysis, Visa stock appears to be undervalued. The current stock price of MXN6,190.01 is trading 14.2% below its estimated GF Value™ of MXN7,213.60. GuruFocus considers Visa to be Modestly Undervalued.

Key valuation signals for MEX:V:

  • Cyclically Adjusted Book per Share: MXN352.27
  • GF Value™: MXN7,213.60 vs. price of MXN6,190.01 (14.2% below fair value)
  • GF Score™: 99/100 with 3 warning signs

No single metric tells the full story. See the MEX: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 MEX:V

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

MXN6,190.01
Price
MXN7,213.60
GF Value