Visa, Inc. (NYSE:V)
CAPS Rating:
Visa operates a global electronic payments network, allowing customers to use credit cards instead of cash.
Visa operates a global electronic payments network, allowing customers to use credit cards instead of cash.
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P/E of over 50? Crazy, even assuming VISA card usage will double in 10 years.
It's actually at 36.5 now and has been steadiliy dropping from it's high of 150.
Never invest soleley on P/E.
P/E now closer to 20!
P/E now 17, FWD P/E now 13, bit more like it eh?