US · USD
VEEV
Veeva Systems Inc Class A
- Day's range
- US$281.79 – US$291.40
- Day's volume
- US$271m
- 52-week range
- US$151.43 – US$306.22
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See how VEEV weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountVEEV in numbers
- Market cap
- US$45.6bn
- P/E
- 44.98
- P/B
- 6.14
- Dividend yield (12m)
- 0.00%
VEEV trades at 44.98 times its earnings of the last 12 months.
VEEV price history
VEEV risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | -4.18% | +40.30% | -0.94% |
| Volatility (annualised) | 53.89% | 38.67% | 37.68% |
| Largest drawdown | -47.65% | -47.65% | -50.80% |
| Positive months | 4/12 | 18/36 | 28/60 |
How much did investing in VEEV return?
US$1,000.00 invested on 01/09/2021 would be worth US$990.56 today.
- Value today in VEEV
- US$990.56
- Return over the period
- -0.94%
- Return per year
- -0.19%
- In the S&P 500
- US$1,776.31
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
VEEV fundamentals
Valuation
- P/E44.98
- P/B6.14
- EV/EBITDA—
- EV/EBIT44.11
- EV/Revenue13.20
- P/EBIT44.11
- P/S13.20
- P/OCF27.41
- P/FCF—
- Earnings yield2.27%
- PEG ratio—
- Earnings per shareUS$6.27
- Book value per shareUS$45.90
Debt
- Net debt—
- Net debt/EBITDA—
- Net debt/Equity—
- Debt/Equity—
- Current ratio5.46
- Quick ratio—
- Cash ratio1.24
Efficiency
- Gross margin74.96%
- EBITDA margin—
- Operating margin29.93%
- Net margin29.34%
- Asset turnover0.38
Profitability
- ROE13.66%
- ROA11.20%
- ROIC10.65%
- Payout0.00%
Growth
- Revenue CAGR (5 years)15.76%
- Earnings CAGR (5 years)19.05%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is VEEV's fair price?
Two classic value formulas, with today's numbers. The current price is US$281.93.
- Graham's fair price
- US$80.45
- 71.46% below the price
√(22.50 × US$6.27 × US$45.90)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- —
- Does not apply to VEEV: it paid no distributions in the last five years.
Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.
Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.
VEEV indicators by year
Multiples at each year's closing price; margins and returns from that year's accounts.
| Indicator | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| P/E | 51.30 | 50.86 | 64.52 | — | — | — | — | — |
| P/B | 6.46 | 6.23 | 7.30 | — | — | — | — | — |
| Earnings per share | US$5.56 | US$4.39 | US$3.26 | — | — | — | — | — |
| Book value per share | US$44.17 | US$35.85 | US$28.79 | — | — | — | — | — |
| ROE | 12.60% | 12.24% | 11.32% | 13.12% | 14.68% | 16.77% | 18.08% | 18.57% |
| ROIC | 9.66% | 9.21% | 8.26% | 11.83% | 14.48% | 16.08% | 16.50% | 17.34% |
| Gross margin | 75.53% | 74.53% | 71.35% | 71.72% | 72.79% | 72.09% | 72.52% | 71.55% |
| EBITDA margin | — | — | — | — | — | — | 27.72% | 27.48% |
| Net margin | 28.44% | 26.00% | 22.24% | 22.63% | 23.09% | 25.94% | 27.27% | 26.66% |
VEEV financial statements
| Line | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Net revenue | US$3.2bn | US$2.7bn | US$2.4bn | US$2.2bn | US$1.9bn | US$1.5bn |
| Cost of sales | -US$782m | -US$699.6m | -US$677.3m | -US$609.4m | -US$503.7m | -US$408.9m |
| Gross profit | US$2.4bn | US$2bn | US$1.7bn | US$1.5bn | US$1.3bn | US$1.1bn |
| EBITDA | — | — | — | — | — | — |
| EBIT | US$916.4m | US$691.4m | US$429.3m | US$459.1m | US$505.5m | US$377.8m |
| Net finance result | — | — | — | — | — | — |
| Profit before tax | US$1.2bn | US$919.4m | US$588m | US$509.1m | US$512.3m | US$394m |
| Income tax | -US$285.6m | -US$205.2m | -US$62.3m | -US$21.4m | -US$84.9m | -US$14m |
| Net income | US$908.9m | US$714.1m | US$525.7m | US$487.7m | US$427.4m | US$380m |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does VEEV pay dividends?
VEEV has no distributions on record.
About Veeva Systems
- Sector
- Services
Questions about VEEV
How much is VEEV today?
VEEV is at US$281.93 (-1.23% on the day), last traded on 01/10/2026.
What are the P/E and P/B of VEEV?
VEEV trades at a P/E of 44.98 and a P/B of 6.14.
How much did VEEV return in 12 months?
VEEV returned -4.18% in 12 months, with annualised volatility of 53.89% and a largest drawdown of -47.65%.