Reply With QuoteThe only issue that the shareholders of Visa may face from time to time is the difficulty in holding the stock while it has a rich valuation.
Visa Inc. is a payments technology company. The Company is engaged in operating a processing network, VisaNet, which facilitates authorization, clearing and settlement of payment transactions across the world. The Company provides its services to consumers, businesses, financial institutions and governments in more than 200 countries and territories for electronic payments. The Company offers fraud protection for account holders and rapid payment for merchants. The Company provides a variety of payment solutions that support payment products that issuers can offer to their account holders, such as pay now with debit, pay ahead with prepaid or pay later with credit products. The Company offers a suite of digital, eCommerce and mobile products and services.
Official website: www.visa.com
The only issue that the shareholders of Visa may face from time to time is the difficulty in holding the stock while it has a rich valuation.
You are quite right, Visa has high P/E ratio. Here is an excerpt from GuruFocus (May 26, 2015):Originally Posted by joyfulbozo
As of today, Visa Inc's share price is $68.69. Visa Inc's diluted earnings per share for the trailing twelve months (TTM) ended in Mar. 2015 was $2.24. Therefore, Visa Inc's P/E ratio for today is 30.73.
During the past 12 years, Visa Inc's highest P/E Ratio was 114.84. The lowest was 14.80. And the median was 26.34.
Posting Permissions