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VEEV logoVeeva Systems Inc. (VEEV) P/E Ratio History

Historical price-to-earnings valuation from 2014 to 2026

Current P/E
31.5
Undervalued
5Y Avg P/E
69.6
-55% vs avg
PE Percentile
0%
Low
PEG Ratio
1.73
Moderate
TTM EPS$5.40
Price$171.15
5Y PE Range37.7 - 127.0
Earnings Yield3.18%

Loading P/E history...

VEEV Valuation Context

How does the current P/E compare to historical and market benchmarks?

vs. 5Y Average
31.5vs69.6
-55%
Cheap vs History
vs. Healthcare
31.5vs22.2
+42%
Above Sector
vs. S&P 500
31.5vs25.1
+25%
Above Market
PEG Analysis
1.73
P/E ÷ EPS Growth
PEG 1-2 = Fair
Based on 26% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 6, 2026, Veeva Systems Inc. (VEEV) trades at a price-to-earnings ratio of 31.5x, with a stock price of $171.15 and trailing twelve-month earnings per share of $5.40.

The current P/E is 55% below its 5-year average of 69.6x. Over the past five years, VEEV's P/E has ranged from a low of 37.7x to a high of 127.0x, placing the current valuation at the 0th percentile of its historical range.

Compared to the Healthcare sector median P/E of 22.2x, VEEV trades at a 42% premium to its sector peers. The sector includes 241 companies with P/E ratios ranging from 0.0x to 171.0x.

The PEG ratio of 1.73 (P/E divided by 26% EPS growth) suggests a fair valuation relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.

Relative to the broader market, VEEV commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our VEEV DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

VEEV P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
CRM logoCRMSalesforce, Inc.
$180B24.01.96+23%
DOCS logoDOCSDoximity, Inc.
$5B23.20.29Best+54%
MEDP logoMEDPMedpace Holdings, Inc.
$12B28.20.89+21%
HUBS logoHUBSHubSpot, Inc.
$13B286.1-+863%Best
DSGX logoDSGXThe Descartes Systems Group Inc.
$6B38.01.48+16%
PFE logoPFEPfizer Inc.
$150B19.4--4%
JNJ logoJNJJohnson & Johnson
$544B39.0--58%
MRK logoMRKMerck & Co., Inc.
$279B15.5Lowest0.73+8%
LLY logoLLYEli Lilly and Company
$934B43.11.49+96%

Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.

VEEV Historical P/E Data (2014–2026)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2026 Q4Sat Jan 31 2026 00:00:00 GM$203.92$5.4137.7x-58%
FY2026 Q3Fri Oct 31 2025 00:00:00 GM$291.20$5.1356.8x-37%
FY2026 Q2$284.20$4.8658.5x-36%
FY2026 Q1Wed Apr 30 2025 00:00:00 GM$233.69$4.7149.6x-45%
FY2025 Q4Fri Jan 31 2025 00:00:00 GM$233.26$4.3254.0x-41%
FY2025 Q3$208.83$4.0551.6x-43%
FY2025 Q2Wed Jul 31 2024 00:00:00 GM$191.93$3.7551.2x-44%
FY2025 Q1$198.56$3.3958.6x-35%
FY2024 Q4Wed Jan 31 2024 00:00:00 GM$207.41$3.2264.4x-29%
FY2024 Q3$192.71$3.4855.4x-39%
FY2024 Q2Mon Jul 31 2023 00:00:00 GM$204.22$3.3261.5x-32%
FY2024 Q1Sun Apr 30 2023 00:00:00 GM$179.08$3.2056.0x-38%

Average P/E for displayed period: 90.8x

Full VEEV Stock Analysis

Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.

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See VEEV's True Return

Price is only half the story. See total return with reinvested dividends.

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Is VEEV Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare VEEV vs DBVT

Side-by-side business, growth, and profitability comparison vs DBV Technologies S.A..

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VEEV — Frequently Asked Questions

Quick answers to the most common questions about buying VEEV stock.

Is VEEV stock overvalued or undervalued?

VEEV trades at 31.5x P/E, below its 5-year average of 69.6x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.

How does VEEV's valuation compare to peers?

Veeva Systems Inc. P/E of 31.5x compares to sector median of 22.2x. The premium reflects expected growth above peers.

What is VEEV's PEG ratio?

VEEV PEG ratio is 1.73. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 2014-2026.

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VEEV P/E Ratio History (2014–2026)

P/E ratio calculated as closing price divided by trailing 12-month diluted EPS at each quarter end.