Veeva Systems (MEX:VEEV) Cyclically Adjusted Revenue per Share: MXN223.64 (As of Apr. 2026)

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MEX:VEEV Veeva Systems Inc MEX:VEEV
94 GF Score
Price MXN3,430.00
GF Value MXN5,128.03
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Veeva Systems Cyclically Adjusted Revenue per Share?

Veeva Systems MEX:VEEV 94 Cyclically Adjusted Revenue per Share is MXN223.64 as of Apr. 2026. GuruFocus rates MEX:VEEV with a GF Score™ of 94/100 and a GF Value™ of MXN5,128.03 (Significantly Undervalued). The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Apr. 2026 was MXN93.174. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN223.64 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Veeva Systems's average Cyclically Adjusted Revenue Growth Rate was 19.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Veeva Systems was 19.40% per year. The lowest was 19.40% per year. And the median was 19.40% per year.

As of today (2026-07-18), Veeva Systems's current stock price is MXN3430.00. Veeva Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was MXN223.64. Veeva Systems's Cyclically Adjusted PS Ratio of today is 15.34.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Veeva Systems was 37.70. The lowest was 12.28. And the median was 24.43.


Veeva Systems  (MEX:VEEV) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3430.00/223.64
=15.34

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Veeva Systems was 37.70. The lowest was 12.28. And the median was 24.43.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Veeva Systems Cyclically Adjusted Revenue per Share Related Terms


Veeva Systems Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Veeva Systems's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Veeva Systems Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 130.94 126.79 206.84 225.29

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 Revenue per Share 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 201.60 209.22 207.25 225.29 223.64

MEX:VEEV vs BTSG, TEM, HQY: Cyclically Adjusted Revenue per Share 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.


MEX:VEEV
94GF Score
Veeva Systems Inc MEX:VEEV
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veeva Systems Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=93.174/333.0200*333.0200
=93.174

Current CPI (Apr. 2026) = 333.0200.

Veeva Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 16.746 240.628 23.176
201610 18.196 241.729 25.068
201701 21.892 242.839 30.022
201704 20.027 244.524 27.275
201707 19.487 244.786 26.511
201710 21.950 246.663 29.635
201801 22.417 247.867 30.118
201804 23.692 250.546 31.491
201807 25.083 252.006 33.147
201810 29.174 252.885 38.419
201901 28.130 251.712 37.217
201904 29.440 255.548 38.365
201907 31.947 256.571 41.466
201910 33.930 257.346 43.907
202001 37.053 257.971 47.832
202004 50.688 256.389 65.838
202007 42.169 259.101 54.199
202010 49.669 260.388 63.524
202101 49.799 261.582 63.399
202104 53.909 267.054 67.225
202107 55.551 273.003 67.763
202110 60.015 276.589 72.260
202201 62.185 281.148 73.658
202204 63.506 289.109 73.152
202207 67.095 296.276 75.416
202210 67.550 298.012 75.485
202301 64.901 299.170 72.244
202304 58.253 303.363 63.948
202307 60.432 305.691 65.835
202310 67.963 307.671 73.562
202401 65.823 308.417 71.074
202404 67.506 313.548 71.698
202407 76.416 314.540 80.906
202410 84.896 315.664 89.564
202501 89.362 317.671 93.680
202504 89.459 320.795 92.868
202507 88.454 323.048 91.184
202510 89.061 0.000
202601 88.369 325.252 90.480
202604 93.174 333.020 93.174

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

What does a Cyclically Adjusted Revenue per Share of MXN223.64 mean?
Veeva Systems (MEX:VEEV) has a Cyclically Adjusted Revenue per Share of MXN223.64 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Veeva Systems and its competitors.
Is Veeva Systems' Cyclically Adjusted Revenue per Share too high?
Veeva Systems' current Cyclically Adjusted Revenue per Share is MXN223.64. Overall, Veeva Systems has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veeva Systems' Cyclically Adjusted Revenue per Share compare to BTSG and TEM?
Veeva Systems' Cyclically Adjusted Revenue per Share of MXN223.64 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Healthcare Providers & Services company?
A good Cyclically Adjusted Revenue per Share depends on the Healthcare Providers & Services industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Veeva Systems and its competitors. Veeva Systems's current Cyclically Adjusted Revenue per Share is MXN223.64. 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 (MEX:VEEV) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN5,128.03, compared to a current price of MXN3,430.00 — trading 33.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN223.64. Veeva Systems' overall GF Score™ is 94/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Veeva Systems (MEX:VEEV), the current Cyclically Adjusted Revenue per Share is MXN223.64 as of Apr. 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 (MEX:VEEV) Overvalued in 2026?

Based on GuruFocus' analysis, Veeva Systems stock appears to be undervalued. The current stock price of MXN3,430.00 is trading 33.1% below its estimated GF Value™ of MXN5,128.03. GuruFocus considers Veeva Systems to be Significantly Undervalued.

Key valuation signals for MEX:VEEV:

  • Cyclically Adjusted Revenue per Share: MXN223.64
  • GF Value™: MXN5,128.03 vs. price of MXN3,430.00 (33.1% below fair value)
  • GF Score™: 94/100 with 1 warning sign

No single metric tells the full story. See the MEX:VEEV 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.
94GF Score

Get the complete analysis for MEX:VEEV

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

MXN3,430.00
Price
MXN5,128.03
GF Value