Visa (WBO:VISA) E10: €6.43 (As of Mar. 2026)


WBO:VISA Visa Inc WBO:VISA
95 GF Score
Price €297.00
GF Value €373.36
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Visa E10?

Visa WBO:VISA +0.13% 95 E10 is €6.43 as of Mar. 2026. GuruFocus rates WBO:VISA with a GF Score™ of 95/100 and a GF Value™ of €373.36 (Modestly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Visa's adjusted earnings per share data for the three months ended in Mar. 2026 was €2.716. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €6.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Visa's average E10 Growth Rate was 15.00% per year. During the past 3 years, the average E10 Growth Rate was 15.50% per year. During the past 5 years, the average E10 Growth Rate was 18.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Visa was 25.80% per year. The lowest was 15.50% per year. And the median was 20.50% per year.

As of today (2026-06-27), Visa's current stock price is €297.00. Visa's E10 for the quarter that ended in Mar. 2026 was €6.43. Visa's Shiller PE Ratio of today is 46.19.

During the past 13 years, the highest Shiller PE Ratio of Visa was 77.60. The lowest was 39.22. And the median was 60.79.


Visa  (WBO:VISA) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Visa's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=297.00/6.43
=46.19

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Visa was 77.60. The lowest was 39.22. And the median was 60.79.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Visa E10 Related Terms


Visa E10 Historical Data

* Premium members only.

The historical data trend for Visa's E10 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 E10 Chart

Visa Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.14 4.75 5.03 5.47 5.97

Visa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 5.90 5.71 5.97 6.15 6.43

WBO:VISA vs MA, AXP, COF: E10 Comparison

For the Credit Services subindustry, Visa's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Credit Services Industry

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

* The bar in red indicates where Visa's Shiller PE Ratio falls into.


WBO:VISA
95GF Score
Visa Inc WBO:VISA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Visa E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.716/330.2130*330.2130
=2.716

Current CPI (Mar. 2026) = 330.2130.

Visa Quarterly Data

per share eps CPI Adj_EPS
201606 0.151 241.018 0.207
201609 0.704 241.428 0.963
201612 0.815 241.432 1.115
201703 0.168 243.801 0.228
201706 0.765 244.955 1.031
201709 0.755 246.819 1.010
201712 0.904 246.524 1.211
201803 0.900 249.554 1.191
201806 0.856 251.989 1.122
201809 1.054 252.439 1.379
201812 1.143 251.233 1.502
201903 1.159 254.202 1.506
201906 1.212 256.143 1.562
201909 1.217 256.759 1.565
201912 1.314 256.974 1.688
202003 1.249 258.115 1.598
202006 0.950 257.797 1.217
202009 0.824 260.280 1.045
202012 1.167 260.474 1.479
202103 1.159 264.877 1.445
202106 0.979 271.696 1.190
202109 1.403 274.310 1.689
202112 1.620 278.802 1.919
202203 1.544 287.504 1.773
202206 1.514 296.311 1.687
202209 1.879 296.808 2.090
202212 1.879 296.797 2.091
202303 1.896 301.836 2.074
202306 1.846 305.109 1.998
202309 2.127 307.789 2.282
202312 2.192 306.746 2.360
202403 2.107 312.332 2.228
202406 2.230 314.175 2.344
202409 2.388 315.301 2.501
202412 2.464 315.605 2.578
202503 2.146 319.799 2.216
202506 2.332 322.561 2.387
202509 2.232 324.800 2.269
202512 2.588 324.054 2.637
202603 2.716 330.213 2.716

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €6.43 mean?
Visa (WBO:VISA) has a E10 of €6.43 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Visa and its competitors.
Is Visa's E10 too high?
Visa's current E10 is €6.43. Overall, Visa has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Visa's E10 compare to MA and AXP?
Visa's E10 of €6.43 can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Credit Services company?
A good E10 depends on the Credit Services industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Visa and its competitors. Visa's current E10 is €6.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visa stock overvalued right now?
Based on GuruFocus' analysis, Visa (WBO:VISA) is currently considered Modestly Undervalued. The stock's GF Value™ is €373.36, compared to a current price of €297.00 — trading 20.5% below its estimated fair value. The current E10 is €6.43. Visa's overall GF Score™ is 95/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Visa (WBO:VISA), the current E10 is €6.43 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Visa (WBO:VISA) Overvalued in 2026?

Based on GuruFocus' analysis, Visa stock appears to be undervalued. The current stock price of €297.00 is trading 20.5% below its estimated GF Value™ of €373.36. GuruFocus considers Visa to be Modestly Undervalued.

Key valuation signals for WBO:VISA:

  • E10: €6.43
  • GF Value™: €373.36 vs. price of €297.00 (20.5% below fair value)
  • GF Score™: 95/100 with 2 warning signs

No single metric tells the full story. See the WBO:VISA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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.
95GF Score

Get the complete analysis for WBO:VISA

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€297.00
Price
€373.36
GF Value