Question 1

What is Veeva Systems's P/S ratio?

Accepted Answer

Veeva Systems (VEEV) P/S ratio is 9.2× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. 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/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

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

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Veeva Systems specifically, the relevant sector benchmark is the current sector median of 5.8×.

Question 5

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

Accepted Answer

Veeva Systems's P/S ratio of 9.2× is below its own 5-year average of 15.2× and above the sector median of 5.8×. 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/S ratio range?

Accepted Answer

In the available daily series, Veeva Systems (VEEV) P/S ratio has ranged from a low of 7.7× in 2026 to a high of 35.4× in 2021. The 5-year average is 15.2× and the 5-year median is 13.6×.

Question 7

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

Accepted Answer

Veeva Systems (VEEV) P/S ratio at the end of 2026 was 10.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). 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	$3.2B	10.5×	-3.3×	Jan 31, 2026
2025	$37.9B	$2.75B	13.8×	-0.3×	Jan 31, 2025
2024	$33.4B	$2.36B	14.1×	+1.7×	Jan 31, 2024
2023	$26.7B	$2.16B	12.4×	-7.3×	Jan 31, 2023
2022	$36.4B	$1.85B	19.7×	-9.6×	Jan 31, 2022
2021	$42.9B	$1.47B	29.3×	+9.5×	Jan 31, 2021
2020	$21.8B	$1.1B	19.8×	+1.3×	Jan 31, 2020
2019	$15.9B	$862M	18.4×	+5.5×	Jan 31, 2019
2018	$8.9B	$690M	12.9×	+2.3×	Jan 31, 2018
2017	$5.77B	$544M	10.6×	+2.7×	Jan 31, 2017
2016	$3.24B	$409M	7.9×	-4.0×	Jan 31, 2016
2015	$3.75B	$313M	12.0×	-6.6×	Jan 31, 2015
2014	$3.9B	$210M	18.5×	—	Jan 31, 2014


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

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

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

About P/S Ratio at Veeva Systems (VEEV)

Veeva Systems P/S Ratio by Year

Veeva Systems P/S Ratio 2026: 10.5×

Veeva Systems P/S Ratio 2025: 13.8×

Veeva Systems P/S Ratio 2024: 14.1×

Veeva Systems P/S Ratio 2023: 12.4×

Veeva Systems P/S Ratio 2022: 19.7×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Veeva Systems (VEEV) Key Financials