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Visa (MIL:1V) Cyclically Adjusted PB Ratio : 20.37 (As of Jun. 01, 2025)


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What is Visa Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Visa's current share price is €321.10. Visa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €15.76. Visa's Cyclically Adjusted PB Ratio for today is 20.37.

The historical rank and industry rank for Visa's Cyclically Adjusted PB Ratio or its related term are showing as below:

MIL:1V' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.1   Med: 14.73   Max: 21.22
Current: 20.98

During the past years, Visa's highest Cyclically Adjusted PB Ratio was 21.22. The lowest was 8.10. And the median was 14.73.

MIL:1V's Cyclically Adjusted PB Ratio is ranked worse than
99.07% of 324 companies
in the Credit Services industry
Industry Median: 1.01 vs MIL:1V: 20.98

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 adjusted book value per share data for the three months ended in Mar. 2025 was €17.892. 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 €15.76 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Visa Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Visa's Cyclically Adjusted PB Ratio 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.

* Premium members only.

Visa Cyclically Adjusted PB Ratio Chart

Visa Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.97 16.28 11.79 14.30 16.20

Visa Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 16.85 15.63 16.20 18.49 20.13

Competitive Comparison of Visa's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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Visa Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=321.10/15.76
=20.37

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Visa's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=17.892/134.9266*134.9266
=17.892

Current CPI (Mar. 2025) = 134.9266.

Visa Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.534 100.684 14.117
201509 10.972 100.392 14.746
201512 11.296 99.792 15.273
201603 11.017 100.470 14.795
201606 10.116 101.688 13.423
201609 10.245 101.861 13.571
201612 10.519 101.863 13.933
201703 10.111 102.862 13.263
201706 10.178 103.349 13.288
201709 9.952 104.136 12.895
201712 10.354 104.011 13.432
201803 10.227 105.290 13.106
201806 10.585 106.317 13.433
201809 11.069 106.507 14.023
201812 11.295 105.998 14.378
201903 11.493 107.251 14.459
201906 11.864 108.070 14.812
201909 12.127 108.329 15.104
201912 12.312 108.420 15.322
202003 12.186 108.902 15.098
202006 12.634 108.767 15.673
202009 12.462 109.815 15.312
202012 12.901 109.897 15.839
202103 13.339 111.754 16.105
202106 13.348 114.631 15.711
202109 14.909 115.734 17.381
202112 13.813 117.630 15.844
202203 14.102 121.301 15.686
202206 14.637 125.017 15.797
202209 15.900 125.227 17.132
202212 16.574 125.222 17.858
202303 17.185 127.348 18.208
202306 17.289 128.729 18.121
202309 16.780 129.860 17.435
202312 17.733 129.419 18.488
202403 17.480 131.776 17.898
202406 18.205 132.554 18.531
202409 17.682 133.029 17.934
202412 18.496 133.157 18.742
202503 17.892 134.927 17.892

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


Visa  (MIL:1V) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Visa Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Visa's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Visa Business Description

Industry
Address
P.O. Box 8999, San Francisco, CA, USA, 94128-8999
Visa is the largest payment processor in the world. In fiscal 2023, it processed almost $15 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.

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