Question 1

What is Veeva Systems's EV/EBITDA ratio?

Accepted Answer

Veeva Systems (VEEV) EV/EBITDA ratio is 18.0× as of July 22, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Veeva Systems?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Veeva Systems specifically, the relevant sector benchmark is the current sector median of 20.3×.

Question 5

Is Veeva Systems's EV/EBITDA ratio high or low?

Accepted Answer

Veeva Systems's EV/EBITDA ratio of 18.0× is below its own 5-year average of 46.2× and below the sector median of 20.3×. That places the current reading at the 4th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Veeva Systems's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Veeva Systems (VEEV) EV/EBITDA ratio has ranged from a low of 14.0× in 2026 to a high of 127.0× in 2013. The 5-year average is 46.2× and the 5-year median is 44.1×.

Question 7

What was Veeva Systems's EV/EBITDA ratio in 2026?

Accepted Answer

Veeva Systems (VEEV) EV/EBITDA ratio at the end of 2026 was 21.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Veeva Systems's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$33.5B	$1.25B	21.7×	-12.5×	Jan 31, 2026
2025	$37.9B	$959M	34.2×	-13.1×	Jan 31, 2025
2024	$33.4B	$622M	47.4×	+3.4×	Jan 31, 2024
2023	$26.7B	$538M	43.9×	-19.7×	Jan 31, 2023
2022	$36.4B	$535M	63.7×	-37.8×	Jan 31, 2022
2021	$42.9B	$407M	101.4×	+32.4×	Jan 31, 2021
2020	$21.8B	$301M	69.0×	+6.6×	Jan 31, 2020
2019	$15.9B	$237M	62.4×	+14.2×	Jan 31, 2019
2018	$8.9B	$169M	48.3×	+5.2×	Jan 31, 2018
2017	$5.77B	$122M	43.1×	+9.9×	Jan 31, 2017
2016	$3.24B	$87.1M	33.3×	-12.1×	Jan 31, 2016
2015	$3.75B	$73.9M	45.3×	-41.2×	Jan 31, 2015
2014	$3.9B	$41.7M	86.5×	—	Jan 31, 2014


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EV/EBITDA for Veeva Systems (VEEV) 2014-2026

EV/EBITDA daily chart for Veeva Systems (VEEV)

Historical EV/EBITDA for Veeva Systems (VEEV) from 2014 to 2026

About EV/EBITDA at Veeva Systems (VEEV)

Veeva Systems EV/EBITDA by Year

Veeva Systems EV/EBITDA 2026: 21.7×

Veeva Systems EV/EBITDA 2025: 34.2×

Veeva Systems EV/EBITDA 2024: 47.4×

Veeva Systems EV/EBITDA 2023: 43.9×

Veeva Systems EV/EBITDA 2022: 63.7×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Veeva Systems (VEEV) Key Financials