Visa Inc. (V) P/E Ratio History
Fairly ValuedTrading at 35.5x, near 5Y avg of 31.1x · 90th percentile · In line with own history · Data 2008–2026
Loading P/E history...
P/E Ratio Analysis
As of September 23, 2026, Visa Inc. (V) trades at a price-to-earnings ratio of 35.5x, with a stock price of $362.04 and trailing twelve-month earnings per share of $11.69.
The current P/E is 14% above its 5-year average of 31.1x. Over the past five years, V's P/E has ranged from a low of 25.4x to a high of 39.6x, placing the current valuation at the 90th percentile of its historical range.
Compared to the Financial Services sector median P/E of 14.1x, V trades at a 151% premium to its sector peers. The sector includes 804 companies with P/E ratios ranging from 0.0x to 150.0x.
The PEG ratio of 2.24 (P/E divided by 5% EPS growth) suggests the stock may be expensive relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, V commands a significant premium over the S&P 500 median P/E of 25.5x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our V DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
V Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
V P/E vs Peers
Payment Networks and Merchant Acquiring peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $491B | 33.6 | 1.60 | +19% | |
| $206B | 19.8 | 0.61 | +10% | |
| $47B | 9.8 | 1.10 | +36% | |
| $18B | 46.6 | 1.91 | -47% | |
| $25B | 7.3Lowest | 0.21Best | +18% | |
| $21B | 14.5 | 0.59 | -5% | |
| $6B | 21.4 | - | +13% | |
| $2B | 156.7 | - | +391%Best | |
| $911B | 17.0 | 0.96 | +2% | |
| $399B | 14.7 | 0.96 | +19% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
V Historical P/E Data (2008–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q3 | - | $343.09 | $11.76 | 29.2x | -5% |
| FY2026 Q2 | - | $302.24 | $11.48 | 26.3x | -14% |
| FY2026 Q1 | Dec 31 2025 | $350.71 | $10.66 | 32.9x | +8% |
| FY2025 Q4 | - | $341.38 | $10.21 | 33.4x | +9% |
| FY2025 Q3 | Jun 30 2025 | $355.05 | $10.24 | 34.7x | +13% |
| FY2025 Q2 | Mar 31 2025 | $350.46 | $9.95 | 35.2x | +15% |
| FY2025 Q1 | - | $316.04 | $9.92 | 31.9x | +4% |
| FY2024 Q4 | Sep 30 2024 | $274.95 | $9.73 | 28.3x | -8% |
| FY2024 Q3 | Jun 30 2024 | $262.47 | $9.35 | 28.1x | -8% |
| FY2024 Q2 | Mar 31 2024 | $279.08 | $8.95 | 31.2x | +2% |
| FY2024 Q1 | Dec 31 2023 | $260.35 | $8.69 | 30.0x | -2% |
| FY2023 Q4 | Sep 30 2023 | $230.01 | $8.29 | 27.7x | -9% |
| FY2023 Q3 | Jun 30 2023 | $237.48 | $7.88 | 30.1x | -1% |
| FY2023 Q2 | Mar 31 2023 | $225.46 | $7.48 | 30.1x | -1% |
| FY2023 Q1 | Dec 31 2022 | $207.76 | $7.15 | 29.1x | -5% |
| FY2022 Q4 | Sep 30 2022 | $177.65 | $6.99 | 25.4x | -17% |
| FY2022 Q3 | - | $196.89 | $6.78 | 29.0x | -5% |
| FY2022 Q2 | - | $221.77 | $6.36 | 34.9x | +14% |
| FY2022 Q1 | Dec 31 2021 | $216.71 | $6.04 | 35.9x | +17% |
| FY2021 Q4 | - | $222.75 | $5.63 | 39.6x | +29% |
| FY2021 Q3 | Jun 30 2021 | $233.82 | $4.95 | 47.2x | +54% |
| FY2021 Q2 | Mar 31 2021 | $211.73 | $4.84 | 43.7x | +43% |
| FY2021 Q1 | - | $218.73 | $4.84 | 45.2x | +48% |
| FY2020 Q4 | Sep 30 2020 | $199.97 | $4.88 | 41.0x | +34% |
| FY2020 Q3 | - | $193.17 | $5.25 | 36.8x | +20% |
| FY2020 Q2 | - | $161.12 | $5.55 | 29.0x | -5% |
| FY2020 Q1 | - | $187.90 | $5.48 | 34.3x | +12% |
| FY2019 Q4 | Sep 30 2019 | $172.01 | $5.32 | 32.3x | +6% |
| FY2019 Q3 | Jun 30 2019 | $173.55 | $5.21 | 33.3x | +9% |
| FY2019 Q2 | Mar 31 2019 | $156.19 | $4.84 | 32.3x | +6% |
| FY2019 Q1 | Dec 31 2018 | $131.94 | $4.64 | 28.4x | -7% |
| FY2018 Q4 | Sep 30 2018 | $150.09 | $4.41 | 34.0x | +11% |
| FY2018 Q3 | Jun 30 2018 | $132.45 | $4.08 | 32.5x | +6% |
| FY2018 Q2 | Mar 31 2018 | $119.62 | $3.94 | 30.4x | -1% |
| FY2018 Q1 | Dec 31 2017 | $114.02 | $3.01 | 37.9x | +24% |
| FY2017 Q4 | Sep 30 2017 | $105.24 | $2.80 | 37.6x | +23% |
| FY2017 Q3 | Jun 30 2017 | $93.78 | $2.69 | 34.9x | +14% |
| FY2017 Q2 | Mar 31 2017 | $88.87 | $2.00 | 44.4x | +45% |
| FY2017 Q1 | Dec 31 2016 | $78.02 | $2.53 | 30.8x | +1% |
| FY2016 Q4 | Sep 30 2016 | $82.70 | $2.47 | 33.5x | +9% |
| FY2016 Q3 | - | $74.17 | $2.30 | 32.2x | +5% |
| FY2016 Q2 | - | $76.48 | $2.82 | 27.1x | -11% |
| FY2016 Q1 | - | $77.55 | $2.74 | 28.3x | -7% |
| FY2015 Q4 | Sep 30 2015 | $69.66 | $2.57 | 27.1x | -11% |
| FY2015 Q3 | - | $67.15 | $2.38 | 28.2x | -8% |
| FY2015 Q2 | - | $65.41 | $2.23 | 29.3x | -4% |
| FY2015 Q1 | Dec 31 2014 | $65.55 | $2.23 | 29.4x | -4% |
| FY2014 Q4 | - | $53.34 | $2.15 | 24.8x | -19% |
| FY2014 Q3 | Jun 30 2014 | $52.68 | $2.18 | 24.2x | -21% |
| FY2014 Q2 | Mar 31 2014 | $53.97 | $2.11 | 25.6x | -16% |
| FY2014 Q1 | - | $55.67 | $1.96 | 28.4x | -7% |
| FY2013 Q4 | Sep 30 2013 | $47.78 | $1.89 | 25.3x | -17% |
| FY2013 Q3 | Jun 30 2013 | $45.69 | $1.87 | 24.4x | -20% |
| FY2013 Q2 | Mar 31 2013 | $42.46 | $1.88 | 22.6x | -26% |
| FY2013 Q1 | Dec 31 2012 | $37.90 | $1.88 | 20.2x | -34% |
| FY2012 Q4 | Sep 30 2012 | $33.57 | $1.77 | 19.0x | -38% |
| FY2012 Q3 | Jun 30 2012 | $30.91 | $1.55 | 19.9x | -35% |
| FY2012 Q2 | Mar 31 2012 | $29.50 | $1.32 | 22.3x | -27% |
| FY2012 Q1 | Dec 31 2011 | $25.38 | $1.15 | 22.1x | -28% |
| FY2011 Q4 | Sep 30 2011 | $21.43 | $1.09 | 19.7x | -36% |
| FY2011 Q3 | - | $21.06 | $1.05 | 20.1x | -34% |
| FY2011 Q2 | - | $18.41 | $0.97 | 19.0x | -38% |
| FY2011 Q1 | Dec 31 2010 | $17.60 | $0.90 | 19.6x | -36% |
| FY2010 Q4 | - | $18.56 | $0.85 | 21.8x | -29% |
| FY2010 Q3 | Jun 30 2010 | $17.69 | $0.84 | 21.1x | -31% |
| FY2010 Q2 | Mar 31 2010 | $22.76 | $0.91 | 25.0x | -18% |
| FY2010 Q1 | - | $21.87 | $0.85 | 25.7x | -16% |
| FY2009 Q4 | Sep 30 2009 | $17.28 | $0.78 | 22.2x | -28% |
| FY2009 Q3 | - | $15.56 | $0.47 | 33.1x | +8% |
| FY2009 Q2 | - | $13.90 | $0.36 | 38.6x | +26% |
| FY2009 Q1 | Dec 31 2008 | $13.11 | $0.28 | 46.8x | +53% |
| FY2008 Q4 | - | $15.35 | $0.23 | 66.7x | +118% |
Average P/E for displayed period: 30.6x
V Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
V Stock Analysis
Bull/bear thesis, analyst target revisions, and earnings execution.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
18+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
V — Frequently Asked Questions
Quick answers to the most common questions about buying V stock.
What is V's P/E ratio?
Visa Inc. (V) trailing twelve-month P/E ratio is 35.5x, based on TTM diluted EPS of $11.69. The 5-year average P/E is 31.1x and the historical range spans 25.4x to 39.6x.
Is V stock overvalued or undervalued?
V trades at 35.5x P/E, near its 5-year average of 31.1x. The 90th percentile ranking within the 25.4x–39.6x historical range places valuation within normal bounds.
Is V stock expensive?
V is fairly valued relative to its own history. The current P/E of 35.5x is near the 5-year average of 31.1x (90th percentile of historical range).
What is V's historical P/E range?
Over the past 5 years, V's P/E ratio has ranged from 25.4x to 39.6x, with a median of 30.1x and an average of 31.1x. The current P/E of 35.5x places the stock at the 90th percentile of this range. Full historical data spans 2008–2026.
How does V's P/E compare to the S&P 500?
V trades at 35.5x P/E versus the S&P 500 median of 25.5x. The 39% premium to the market typically reflects higher expected earnings growth or quality.
How does V's valuation compare to Financial Services peers?
Visa Inc. P/E of 35.5x compares to the Financial Services sector median of 14.1x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is V's PEG ratio?
V PEG ratio is 2.24, based on a P/E of 35.5x and EPS growth of 4.8%. A PEG above 2.0 indicates a premium valuation relative to earnings growth — typically considered expensive.
What is V's earnings yield?
V earnings yield is 2.82%, the inverse of its 35.5x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.