• Visa average price/book ratio for 2024 was 13.23, a 18.23% increase from 2023.
• Visa average price/book ratio for 2023 was 11.19, a 8.12% increase from 2022.
• Visa average price/book ratio for 2022 was 10.35, a 7.34% increase from 2021.

Price/book ratio can be defined as