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.

310.30 2.73 −0.87%
Market cap
$50.7B
P/E
50.0×
Fwd P/E
26.9×
Dividend yield
—
F-score
7/9
Altman Z
13.57
Beneish M
−2.63
Dividend safety
n/a

Veeva Systems Inc. (VEEV) P/B ratio

Alert me on 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

Against its own ten years

Low 3.4× High 23.7×
Ten-year median 9.2×
Current reading's percentile 21

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))

The full definition of P/B ratio →

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