GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Visa Inc (XBUL:3V64) » Definitions » E10

Visa (XBUL:3V64) E10 : лв4.99 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Visa E10?

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 Dec. 2024 was лв4.637. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is лв4.99 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Visa's average E10 Growth Rate was 15.80% per year. During the past 3 years, the average E10 Growth Rate was 19.40% per year. During the past 5 years, the average E10 Growth Rate was 19.50% 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 19.40% per year. And the median was 20.70% per year.

As of today (2025-03-14), Visa's current stock price is лв339.30. Visa's E10 for the quarter that ended in Dec. 2024 was лв4.99. Visa's Shiller PE Ratio of today is 68.00.

During the past 13 years, the highest Shiller PE Ratio of Visa was 77.60. The lowest was 39.22. And the median was 64.36.


Visa E10 Historical Data

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.

* Premium members only.

Visa E10 Chart

Visa Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 5.44

Visa Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - 5.76 5.44 4.99

Competitive Comparison of Visa's E10

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's Shiller PE Ratio Distribution in the 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.



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 Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=4.637/133.1571*133.1571
=4.637

Current CPI (Dec. 2024) = 133.1571.

Visa Quarterly Data

per share eps CPI Adj_EPS
201503 1.132 99.621 1.513
201506 1.240 100.684 1.640
201509 1.114 100.392 1.478
201512 1.438 99.792 1.919
201603 1.276 100.470 1.691
201606 0.306 101.688 0.401
201609 1.420 101.861 1.856
201612 1.546 101.863 2.021
201703 0.323 102.862 0.418
201706 1.546 103.349 1.992
201709 1.617 104.136 2.068
201712 1.923 104.011 2.462
201803 1.995 105.290 2.523
201806 1.797 106.317 2.251
201809 2.210 106.507 2.763
201812 2.336 105.998 2.935
201903 2.354 107.251 2.923
201906 2.462 108.070 3.034
201909 2.408 108.329 2.960
201912 2.624 108.420 3.223
202003 2.480 108.902 3.032
202006 1.923 108.767 2.354
202009 1.743 109.815 2.113
202012 2.552 109.897 3.092
202103 2.480 111.754 2.955
202106 2.121 114.631 2.464
202109 2.965 115.734 3.411
202112 3.289 117.630 3.723
202203 3.055 121.301 3.354
202206 2.875 125.017 3.062
202209 3.343 125.227 3.555
202212 3.576 125.222 3.803
202303 3.648 127.348 3.814
202306 3.594 128.729 3.718
202309 4.079 129.860 4.183
202312 4.295 129.419 4.419
202403 4.115 131.776 4.158
202406 4.313 132.554 4.333
202409 4.762 133.029 4.767
202412 4.637 133.157 4.637

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


Visa  (XBUL:3V64) 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
=339.30/4.99
=68.00

* 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 64.36.


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

Thank you for viewing the detailed overview of Visa's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


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 2023, it processed almost $15 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 Headlines

No Headlines