Visa (PFTS:V) Cyclically Adjusted PS Ratio: (As of Jul. 27, 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)
=246.055/330.2130*330.2130
=246.055

Current CPI (Mar. 2026) = 330.2130.

Visa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 56.930 241.018 77.998
201609 65.657 241.428 89.802
201612 69.261 241.432 94.730
201703 70.091 243.801 94.934
201706 72.097 244.955 97.191
201709 77.193 246.819 103.275
201712 77.744 246.524 104.136
201803 81.641 249.554 108.028
201806 84.815 251.989 111.144
201809 88.820 252.439 116.185
201812 90.325 251.233 118.720
201903 90.525 254.202 117.594
201906 96.759 256.143 124.739
201909 102.207 256.759 131.447
201912 101.389 256.974 130.285
202003 98.480 258.115 125.988
202006 81.831 257.797 104.818
202009 86.362 260.280 109.566
202012 96.721 260.474 122.617
202103 97.694 264.877 121.792
202106 104.931 271.696 127.531
202109 112.617 274.310 135.568
202112 122.136 278.802 144.658
202203 125.205 287.504 143.804
202206 127.345 296.311 141.915
202209 137.216 296.808 152.659
202212 140.614 296.797 156.446
202303 142.043 301.836 155.397
202306 145.477 305.109 157.447
202309 155.171 307.789 166.476
202312 156.817 306.746 168.814
202403 159.831 312.332 168.981
202406 165.462 314.175 173.909
202409 190.796 315.301 199.820
202412 192.808 315.605 201.732
202503 204.425 319.799 211.082
202506 208.817 322.561 213.771
202509 221.464 324.800 225.155
202512 226.740 324.054 231.049
202603 246.055 330.213 246.055

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.