Visa (PFTS:V) Cyclically Adjusted PS Ratio: (As of Jul. 15, 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.

What is Visa Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Visa  (PFTS:V) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Visa Cyclically Adjusted PS Ratio Related Terms


Visa Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Visa's Cyclically Adjusted PS 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.

Visa Cyclically Adjusted PS Ratio Chart

Visa Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.25 22.19 25.20 26.68 28.84

Visa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 31.77 31.06 28.84 28.87 23.70

PFTS:V vs MA, AXP, COF: Cyclically Adjusted PS Ratio Comparison

For the Credit Services subindustry, Visa's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Credit Services Industry

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

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



Visa Cyclically Adjusted PS Ratio Calculation

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

Visa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Visa's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=245.146/330.2130*330.2130
=245.146

Current CPI (Mar. 2026) = 330.2130.

Visa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 56.719 241.018 77.709
201609 65.414 241.428 89.470
201612 69.005 241.432 94.380
201703 69.832 243.801 94.583
201706 71.831 244.955 96.832
201709 76.908 246.819 102.893
201712 77.457 246.524 103.752
201803 81.340 249.554 107.630
201806 84.502 251.989 110.734
201809 88.491 252.439 115.754
201812 89.991 251.233 118.281
201903 90.191 254.202 117.160
201906 96.401 256.143 124.278
201909 101.829 256.759 130.960
201912 101.014 256.974 129.804
202003 98.116 258.115 125.522
202006 81.529 257.797 104.431
202009 86.043 260.280 109.161
202012 96.364 260.474 122.164
202103 97.333 264.877 121.342
202106 104.543 271.696 127.059
202109 112.201 274.310 135.067
202112 121.685 278.802 144.124
202203 124.743 287.504 143.274
202206 126.875 296.311 141.391
202209 136.709 296.808 152.095
202212 140.095 296.797 155.868
202303 141.518 301.836 154.823
202306 144.940 305.109 156.865
202309 154.598 307.789 165.861
202312 156.238 306.746 168.191
202403 159.240 312.332 168.356
202406 164.851 314.175 173.266
202409 190.091 315.301 199.081
202412 192.095 315.605 200.986
202503 203.670 319.799 210.302
202506 208.045 322.561 212.980
202509 220.646 324.800 224.323
202512 225.903 324.054 230.197
202603 245.146 330.213 245.146

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 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.