GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veeva Systems Inc (XTER:VEE) » Definitions » Cyclically Adjusted Price-to-FCF

Veeva Systems (XTER:VEE) Cyclically Adjusted Price-to-FCF : 69.42 (As of May. 21, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Veeva Systems Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Veeva Systems's current share price is €193.00. Veeva Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €2.78. Veeva Systems's Cyclically Adjusted Price-to-FCF for today is 69.42.

The historical rank and industry rank for Veeva Systems's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XTER:VEE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 55.96   Med: 73.86   Max: 163.5
Current: 70.73

During the past years, Veeva Systems's highest Cyclically Adjusted Price-to-FCF was 163.50. The lowest was 55.96. And the median was 73.86.

XTER:VEE's Cyclically Adjusted Price-to-FCF is ranked worse than
83.04% of 171 companies
in the Healthcare Providers & Services industry
Industry Median: 23.87 vs XTER:VEE: 70.73

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Veeva Systems's adjusted free cash flow per share data for the three months ended in Jan. 2024 was €0.322. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €2.78 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Veeva Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Veeva Systems's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Veeva Systems Cyclically Adjusted Price-to-FCF Chart

Veeva Systems Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 120.35 71.81 69.77

Veeva Systems Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.81 66.18 70.85 65.38 69.77

Competitive Comparison of Veeva Systems's Cyclically Adjusted Price-to-FCF

For the Health Information Services subindustry, Veeva Systems's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Veeva Systems's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Veeva Systems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Veeva Systems's Cyclically Adjusted Price-to-FCF falls into.



Veeva Systems Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Veeva Systems's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=193.00/2.78
=69.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Veeva Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Veeva Systems's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.322/130.1244*130.1244
=0.322

Current CPI (Jan. 2024) = 130.1244.

Veeva Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.089 100.023 0.116
201407 -0.043 100.520 -0.056
201410 0.183 100.176 0.238
201501 -0.012 98.604 -0.016
201504 0.237 99.824 0.309
201507 0.029 100.691 0.037
201510 0.093 100.346 0.121
201601 0.007 99.957 0.009
201604 0.648 100.947 0.835
201607 0.067 101.524 0.086
201610 0.145 101.988 0.185
201701 -0.031 102.456 -0.039
201704 0.849 103.167 1.071
201707 0.309 103.278 0.389
201710 0.167 104.070 0.209
201801 -0.002 104.578 -0.002
201804 0.787 105.708 0.969
201807 0.473 106.324 0.579
201810 0.206 106.695 0.251
201901 0.159 106.200 0.195
201904 1.323 107.818 1.597
201907 0.565 108.250 0.679
201910 0.350 108.577 0.419
202001 0.222 108.841 0.265
202004 1.628 108.173 1.958
202007 0.492 109.318 0.586
202010 0.501 109.861 0.593
202101 0.348 110.364 0.410
202104 2.465 112.673 2.847
202107 0.619 115.183 0.699
202110 0.597 116.696 0.666
202201 0.297 118.619 0.326
202204 2.751 121.978 2.935
202207 0.566 125.002 0.589
202210 0.892 125.734 0.923
202301 0.361 126.223 0.372
202304 2.839 127.992 2.886
202307 1.467 128.974 1.480
202310 0.478 129.810 0.479
202401 0.322 130.124 0.322

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Veeva Systems  (XTER:VEE) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Veeva Systems Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Veeva Systems's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Veeva Systems (XTER:VEE) Business Description

Traded in Other Exchanges
Address
4280 Hacienda Drive, Pleasanton, CA, USA, 94588
Veeva is the global leading supplier of cloud-based software solutions for the life sciences industry. The company's best-of-breed offerings address operating and regulatory requirements for customers ranging from small, emerging biotechnology companies to departments of global pharmaceutical manufacturers. The company leverages its domain expertise to improve the efficiency and compliance of the underserved life sciences industry, displacing large, highly customized and dated enterprise resource planning systems that have limited flexibility. Its two main products are Veeva CRM, a customer relationship management platform for companies with a salesforce, and Veeva Vault, a content management platform that tackles various functions within any life sciences company.

Veeva Systems (XTER:VEE) Headlines

No Headlines