Annual market cap and P/E ratio of Mastercard 2008-2024
Mastercard's valuation multiple in 2024 exceeded the value of 2021, meaning the company's stocks were regarded as relatively valuable by investors. This is according to a historical timeline of Mastercard's market capitalization and price-to-earnings, or P/E, ratio. The global card network consistently reached double-digit P/E ratios, outpacing that of Visa. Nevertheless, Mastercard ranked as the world's second-largest fintech company based on market cap.