Visa (PFTS:V) Cyclically Adjusted PS Ratio: (As of Jul. 17, 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)
=244.618/330.2130*330.2130
=244.618

Current CPI (Mar. 2026) = 330.2130.

Visa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 56.597 241.018 77.542
201609 65.273 241.428 89.277
201612 68.857 241.432 94.178
201703 69.682 243.801 94.380
201706 71.676 244.955 96.623
201709 76.742 246.819 102.671
201712 77.290 246.524 103.528
201803 81.165 249.554 107.399
201806 84.320 251.989 110.495
201809 88.301 252.439 115.506
201812 89.798 251.233 118.028
201903 89.997 254.202 116.908
201906 96.194 256.143 124.011
201909 101.610 256.759 130.679
201912 100.797 256.974 129.525
202003 97.905 258.115 125.252
202006 81.353 257.797 104.205
202009 85.858 260.280 108.927
202012 96.156 260.474 121.901
202103 97.124 264.877 121.081
202106 104.318 271.696 126.786
202109 111.960 274.310 134.777
202112 121.423 278.802 143.813
202203 124.474 287.504 142.965
202206 126.602 296.311 141.087
202209 136.415 296.808 151.768
202212 139.793 296.797 155.532
202303 141.214 301.836 154.490
202306 144.628 305.109 156.528
202309 154.265 307.789 165.504
202312 155.902 306.746 167.829
202403 158.897 312.332 167.994
202406 164.496 314.175 172.893
202409 189.682 315.301 198.653
202412 191.682 315.605 200.554
202503 203.232 319.799 209.850
202506 207.597 322.561 212.522
202509 220.171 324.800 223.840
202512 225.417 324.054 229.701
202603 244.618 330.213 244.618

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.