Veeva Systems (BSP:V2EE34) Cyclically Adjusted PS Ratio: 15.29 (As of Jul. 25, 2026) — 37% Below Median

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BSP:V2EE34 Veeva Systems Inc BSP:V2EE34
95 GF Score
Price R$31.50
GF Value R$48.98
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Veeva Systems Cyclically Adjusted PS Ratio?

Veeva Systems BSP:V2EE34 +1.35% 95 Cyclically Adjusted PS Ratio is 15.29 as of Jul. 25, 2026, which is 37% below its 10-year median of 24.41. GuruFocus rates BSP:V2EE34 with a GF Score™ of 95/100 and a GF Value™ of R$48.98 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 357 Healthcare Providers & Services companies, Veeva Systems ranks worse than 98.32% on this metric.

As of today (2026-07-25), Veeva Systems's current share price is R$31.50. Veeva Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was R$2.06. Veeva Systems's Cyclically Adjusted PS Ratio for today is 15.29.

The historical rank and industry rank for Veeva Systems's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:V2EE34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 12.28   Med: 24.41   Max: 37.7
Current: 14.92

During the past years, Veeva Systems's highest Cyclically Adjusted PS Ratio was 37.70. The lowest was 12.28. And the median was 24.41.

BSP:V2EE34's Cyclically Adjusted PS Ratio is ranked worse than
98.32% of 357 companies
in the Healthcare Providers & Services industry
Industry Median: 1.13 vs BSP:V2EE34: 14.92

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Veeva Systems's adjusted revenue per share data for the three months ended in Apr. 2026 was R$0.892. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$2.06 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Veeva Systems  (BSP:V2EE34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Veeva Systems Cyclically Adjusted PS Ratio Related Terms


Veeva Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Veeva Systems's Cyclically Adjusted PS Ratio 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.

Veeva Systems Cyclically Adjusted PS Ratio Chart

Veeva Systems Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 24.63 24.78 23.31 17.30

Veeva Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PS Ratio 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 22.31 26.01 25.62 17.30 12.49

BSP:V2EE34 vs BTSG, TEM, HQY: Cyclically Adjusted PS Ratio Comparison

For the Health Information Services subindustry, Veeva Systems's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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 Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Veeva Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Veeva Systems's Cyclically Adjusted PS Ratio falls into.


BSP:V2EE34
95GF Score
Veeva Systems Inc BSP:V2EE34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Veeva Systems Cyclically Adjusted PS Ratio Calculation

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

Veeva Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.50/2.06
=15.29

* 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 Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Veeva Systems's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.892/333.0200*333.0200
=0.892

Current CPI (Apr. 2026) = 333.0200.

Veeva Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 0.097 240.628 0.134
201610 0.103 241.729 0.142
201701 0.112 242.839 0.154
201704 0.111 244.524 0.151
201707 0.116 244.786 0.158
201710 0.122 246.663 0.165
201801 0.129 247.867 0.173
201804 0.143 250.546 0.190
201807 0.172 252.006 0.227
201810 0.180 252.885 0.237
201901 0.184 251.712 0.243
201904 0.201 255.548 0.262
201907 0.212 256.571 0.275
201910 0.241 257.346 0.312
202001 0.271 257.971 0.350
202004 0.374 256.389 0.486
202007 0.333 259.101 0.428
202010 0.437 260.388 0.559
202101 0.439 261.582 0.559
202104 0.496 267.054 0.619
202107 0.481 273.003 0.587
202110 0.539 276.589 0.649
202201 0.555 281.148 0.657
202204 0.494 289.109 0.569
202207 0.589 296.276 0.662
202210 0.595 298.012 0.665
202301 0.597 299.170 0.665
202304 0.542 303.363 0.595
202307 0.578 305.691 0.630
202310 0.634 307.671 0.686
202401 0.628 308.417 0.678
202404 0.676 313.548 0.718
202407 0.759 314.540 0.804
202410 0.794 315.664 0.838
202501 0.867 317.671 0.909
202504 0.880 320.795 0.914
202507 0.867 323.048 0.894
202510 0.861 0.000
202601 0.904 325.252 0.926
202604 0.892 333.020 0.892

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 15.29 mean?
Veeva Systems (BSP:V2EE34) has a Cyclically Adjusted PS Ratio of 15.29 as of Jul. 25, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Veeva Systems and its competitors. This is 37% below median its historical median of 24.41. Over the past decade, Veeva Systems' Cyclically Adjusted PS Ratio has ranged from 12.28 to 37.70. According to the industry distribution chart, Veeva Systems ranks #351 out of 357 companies in the Healthcare Providers & Services industry, placing it in the top 98.3%.
Is Veeva Systems' Cyclically Adjusted PS Ratio too high?
Veeva Systems' current Cyclically Adjusted PS Ratio of 15.29 is 37% below median its 10-year median of 24.41. Over the past 10 years, this metric has ranged from a low of 12.28 to a high of 37.70. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.13. Veeva Systems' value of 15.29 is 1253.1% above this industry median. Based on the distribution chart, Veeva Systems ranks #351 out of 357 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Veeva Systems has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veeva Systems' Cyclically Adjusted PS Ratio compare to BTSG and TEM?
According to the Healthcare Providers & Services industry distribution chart, Veeva Systems ranks #351 out of 357 companies for Cyclically Adjusted PS Ratio. This places Veeva Systems in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.13. Veeva Systems' value of 15.29 is 1253.1% above this benchmark. Historically, Veeva Systems' own Cyclically Adjusted PS Ratio has ranged from 12.28 to 37.70 over the past decade. While the company's 10-year median is 24.41 vs. the industry median of 1.13, Veeva Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Healthcare Providers & Services company?
The median Cyclically Adjusted PS Ratio among Healthcare Providers & Services companies is 1.13, based on 357 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Veeva Systems's current Cyclically Adjusted PS Ratio of 15.29 is 1253.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Veeva Systems and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veeva Systems's current Cyclically Adjusted PS Ratio is 15.29, which is 37% below median its own 10-year median of 24.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veeva Systems stock overvalued right now?
Based on GuruFocus' analysis, Veeva Systems (BSP:V2EE34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$48.98, compared to a current price of R$31.50 — trading 35.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 15.29, which is 37% below median its 10-year median of 24.41 and 1253.1% above the Healthcare Providers & Services industry median of 1.13. Veeva Systems' overall GF Score™ is 95/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Veeva Systems (BSP:V2EE34), the current Cyclically Adjusted PS Ratio is 15.29 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Veeva Systems (BSP:V2EE34) Overvalued in 2026?

Based on GuruFocus' analysis, Veeva Systems stock appears to be undervalued. The current stock price of R$31.50 is trading 35.7% below its estimated GF Value™ of R$48.98. GuruFocus considers Veeva Systems to be Significantly Undervalued.

Key valuation signals for BSP:V2EE34:

  • Cyclically Adjusted PS Ratio: 15.29 (37% below median its 10-year median of 24.41)
  • GF Value™: R$48.98 vs. price of R$31.50 (35.7% below fair value)
  • GF Score™: 95/100 with 1 warning sign
  • Industry Position: 1253.1% above the Healthcare Providers & Services median (#351 of 357)

No single metric tells the full story. See the BSP:V2EE34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veeva Systems Business Description

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.
95GF Score

Get the complete analysis for BSP:V2EE34

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$31.50
Price
R$48.98
GF Value