U.S. Markets closed

Mastercard Has Premium Valuations after Strong Q2 2018 Results

Raymond Anderson
Mastercard Has Premium Valuations after Strong Q2 2018 Results

Mastercard (MA) has a price-to-earnings ratio of 28.04x on an NTM (next-12-month) basis compared to the peer average of 15.95x. Mastercard’s management had positive views on the US economy, as consumer confidence and strong jobs growth supported economic growth in the second quarter.