Veeva Systems Inc.
VEEV Healthcare Health Information Services
Veeva Systems Inc.’s revenue for fiscal 2026 (year ended January 2026) was $3.2 billion, up 16.3% from fiscal 2025. In the quarter to July 2026, revenue grew 17.6%, EPS grew 36.6% and free cash flow was flat, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for ten.
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Veeva Systems Inc. (VEEV) P/B ratio
As of 16 October 2026, Veeva Systems Inc. (VEEV) trades at a P/B ratio of 6.8×. Over the past ten years it has ranged from 3.4× (June 2026) to 23.7× (October 2020); the current reading is higher than 19% of that period. That is above the Health Information Services industry median of 1.8× and above the Healthcare sector median of 2.3×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2026 | 4.6× | (28.75%) |
| FY2025 | 6.5× | (9.68%) |
| FY2024 | 7.2× | 0.52% |
| FY2023 | 7.1× | (42.72%) |
| FY2022 | 12.5× | (33.80%) |
| FY2021 | 18.8× | 44.57% |
| FY2020 | 13.0× | 2.36% |
| FY2019 | 12.7× | 30.59% |
| FY2018 | 9.7× | 10.58% |
| FY2017 | 8.8× | 38.33% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jul 2026 | 4.5× | 27.63% |
| Apr 2026 | 3.5× | (24.39%) |
| Jan 2026 | 4.6× | (32.01%) |
| Oct 2025 | 6.8× | (3.06%) |
| 43 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| WAY Waystar Holding Corp. compare | 1.3× |
| HQY HealthEquity, Inc. compare | 3.9× |
| BTSG BrightSpring Health Services, Inc. compare | 6.1× |
| DOCS Doximity, Inc. compare | 6.2× |
| VEEV Veeva Systems Inc. | 6.8× |
| TXG 10x Genomics compare | 11.0× |
| HTFL Heartflow, Inc. compare | 14.9× |
| HNGE Hinge Health Inc. compare | 22.7× |
| TEM Tempus AI, Inc. compare | 26.2× |
| Health Information Services industry median | 1.8× |
| Healthcare sector median | 2.3× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on VEEV
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement