# Veeva Systems Inc. (VEEV) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Healthcare / Health Care Providers & Services. Price $275.09, market value $44.5 billion.

## Valuation
- **P/E (trailing): 45.0×** (5-yr avg 60.5×, 3-yr avg 52.0×). Veeva Systems Inc. trades at 45.0× trailing earnings, well below its own five-year average of 60.5×: cheap by its own standards. The Healthcare median in the September 2026 study was 28.5×. Forward P/E is 26.8×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.04**. A PEG of 1.04 is in the range usually read as fairly priced for its growth.
- **Price / sales: 12.9×**. Each dollar of revenue is priced at 12.9×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 6.1×**. The shares trade at 6.1× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Earnings yield: 2.2%**. The inverse of the P/E: 2.2% of the price is earned each year.

## Profitability
- **Gross margin: 75.0%**. Veeva Systems Inc. keeps 75.0% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 29.9%**. 29.9% of revenue is left after running the business, an exceptional level.
- **Net margin: 28.4%**. 28.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 12.6%**. 12.6% on shareholders' equity is solid.
- **Return on assets: 11.3%**. Each dollar of assets produces 11.3% of profit.

## Growth
- **Revenue growth (1 yr): 16.3%** (3-yr 14.0%/yr, 5-yr 16.9%/yr). Revenue grew 16.3% over the last year, against 16.9% a year compounded over five years.
- **EPS growth (1 yr): 25.9%** (3-yr 21.9%/yr, 5-yr 18.2%/yr). Earnings per share rose 25.9%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Current ratio: 4.89** (quick 4.89). Current assets cover the next year's liabilities 4.89 times.
- **Altman Z-score: 17.81**. A Z-score of 17.81 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Veeva Systems Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (28 analysts). 28 analysts cover Veeva Systems Inc.; the consensus is buy, with an average price target of $295.18 (+7% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 1.9%** (YTD 23.2%, 3-mo 59.4%). The shares are up 1.9% over twelve months including dividends.
- **From 52-week high: -11.4%** (85.8% above the low). Trading 11% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 66**. An RSI of 66 is neutral.
- **Beta (1 yr): 0.64** (volatility 43%). Beta of 0.64 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=VEEV · Page: https://foliofundamentals.com/stocks/veev

Not investment advice.