Question 1

What is Veeva Systems's P/E ratio?

Accepted Answer

Veeva Systems (VEEV) P/E ratio is 32.5× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. 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 P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Veeva Systems?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Veeva Systems specifically, the relevant sector benchmark is the current sector median of 29.4×.

Question 5

Is Veeva Systems's P/E ratio high or low?

Accepted Answer

Veeva Systems's P/E ratio of 32.5× is below its own 5-year average of 63.3× and above the sector median of 29.4×. That places the current reading at the 5th 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 P/E ratio range?

Accepted Answer

In the available daily series, Veeva Systems (VEEV) P/E ratio has ranged from a low of 27.0× in 2026 to a high of 227.6× in 2013. The 5-year average is 63.3× and the 5-year median is 56.3×.

Question 7

What was Veeva Systems's P/E ratio in 2026?

Accepted Answer

Veeva Systems (VEEV) P/E ratio at the end of 2026 was 36.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Veeva Systems's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). 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	$909M	36.9×	-16.2×	Jan 31, 2026
2025	$37.9B	$714M	53.0×	-10.5×	Jan 31, 2025
2024	$33.4B	$526M	63.6×	+8.8×	Jan 31, 2024
2023	$26.7B	$488M	54.7×	-30.5×	Jan 31, 2023
2022	$36.4B	$427M	85.2×	-27.7×	Jan 31, 2022
2021	$42.9B	$380M	112.9×	+40.5×	Jan 31, 2021
2020	$21.8B	$301M	72.4×	+3.3×	Jan 31, 2020
2019	$15.9B	$230M	69.1×	+6.4×	Jan 31, 2019
2018	$8.9B	$142M	62.7×	-21.1×	Jan 31, 2018
2017	$5.77B	$68.8M	83.9×	+24.4×	Jan 31, 2017
2016	$3.24B	$54.5M	59.5×	-33.3×	Jan 31, 2016
2015	$3.75B	$40.4M	92.8×	-72.2×	Jan 31, 2015
2014	$3.9B	$23.6M	165.0×	—	Jan 31, 2014


Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Accenture (ACN)	15.4×
Gartner (IT)	14.9×
CDW (CDW)	14.5×
Adobe (ADBE)	14.4×
Leidos Holdings (LDOS)	14.1×
Zoom Communications (ZM)	13.8×
QUALCOMM (QCOM)	13.7×
PTC (PTC)	13.5×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
Cognizant (CTSH)	13.1×
First Solar (FSLR)	12.7×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Sunrun (RUN)	5.6×
Lyft (LYFT)	1.8×
IBM (IBM)	0.0×

P/E Ratio for Veeva Systems (VEEV) 2014-2026

P/E Ratio daily chart for Veeva Systems (VEEV)

Historical P/E Ratio for Veeva Systems (VEEV) from 2014 to 2026

About P/E Ratio at Veeva Systems (VEEV)

Veeva Systems P/E Ratio by Year

Veeva Systems P/E Ratio 2026: 36.9×

Veeva Systems P/E Ratio 2025: 53.0×

Veeva Systems P/E Ratio 2024: 63.6×

Veeva Systems P/E Ratio 2023: 54.7×

Veeva Systems P/E Ratio 2022: 85.2×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Veeva Systems (VEEV) Key Financials