This is Part 2 of a deep dive on Visa Inc. The stock is currently trading at 30.1x which is along the line of its five-year historical forward mean PE. This seems to be fairly valued.
Even then, the share price was trading along the +1SD above its five-year forward mean PE of 35-40x between 2019-2021. In my opinion, there could be some room to grow further in the near term.
What do you think of Visa's valuation?
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