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Visa Has a Premium Valuation after Its Fiscal Q3 2018 Results

Raymond Anderson
Visa Has a Premium Valuation after Its Fiscal Q3 2018 Results

Visa’s (V) PE ratio is 27.30x on a next-12-month basis, which represents a premium valuation, as the industry has an average of 17.16x. In the fiscal third quarter, Visa witnessed strong momentum in payment volumes as well as in contactless transactions globally. Transport operators have been the primary drivers of the favorable response to contactless payments.