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Visa (UKEX:V) Cyclically Adjusted PB Ratio : 16.94 (As of May. 28, 2024)


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What is Visa Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Visa's current share price is ₴5393.00. Visa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₴318.27. Visa's Cyclically Adjusted PB Ratio for today is 16.94.

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

UKEX:V' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.07   Med: 14.21   Max: 18.56
Current: 16.66

During the past years, Visa's highest Cyclically Adjusted PB Ratio was 18.56. The lowest was 8.07. And the median was 14.21.

UKEX:V's Cyclically Adjusted PB Ratio is ranked worse than
99.01% of 303 companies
in the Credit Services industry
Industry Median: 0.91 vs UKEX:V: 16.66

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. 2024 was ₴765.888. 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 ₴318.27 for the trailing ten years ended in Mar. 2024.

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 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.34 15.97 16.32 11.82 14.38

Visa Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.58 15.09 14.38 16.20 16.94

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.



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
=5393.00/318.27
=16.94

* 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. 2024 is calculated as:

For example, Visa's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=765.888/131.7762*131.7762
=765.888

Current CPI (Mar. 2024) = 131.7762.

Visa Quarterly Data

Book Value per Share CPI Adj_Book
201406 443.964 100.560 581.784
201409 448.930 100.428 589.063
201412 459.085 99.070 610.646
201503 466.977 99.621 617.705
201506 476.588 100.684 623.764
201509 496.371 100.392 651.548
201512 496.014 99.792 654.988
201603 494.544 100.470 648.640
201606 458.193 101.688 593.766
201609 463.516 101.861 599.644
201612 447.274 101.863 578.623
201703 435.910 102.862 558.442
201706 460.994 103.349 587.795
201709 478.131 104.136 605.041
201712 493.919 104.011 625.768
201803 508.341 105.290 636.220
201806 498.463 106.317 617.829
201809 520.621 106.507 644.142
201812 517.998 105.998 643.973
201903 523.482 107.251 643.190
201906 540.381 108.070 658.922
201909 538.356 108.329 654.878
201912 551.420 108.420 670.208
202003 542.801 108.902 656.816
202006 573.518 108.767 694.841
202009 591.671 109.815 709.996
202012 632.668 109.897 758.626
202103 640.104 111.754 754.784
202106 648.280 114.631 745.240
202109 649.108 115.734 739.081
202112 629.164 117.630 704.830
202203 626.049 121.301 680.113
202206 623.697 125.017 657.419
202209 634.575 125.227 667.765
202212 669.773 125.222 704.830
202303 705.415 127.348 729.945
202306 720.475 128.729 737.531
202309 754.983 129.860 766.126
202312 779.514 129.419 793.709
202403 765.888 131.776 765.888

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  (UKEX:V) 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 (UKEX:V) 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 2022, it processed over $14 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.

Visa (UKEX:V) Headlines