GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veeva Systems Inc (NYSE:VEEV) » Definitions » Cyclically Adjusted PS Ratio

VEEV (Veeva Systems) Cyclically Adjusted PS Ratio : 26.90 (As of Jun. 24, 2025)


View and export this data going back to 2013. Start your Free Trial

What is Veeva Systems Cyclically Adjusted PS Ratio?

As of today (2025-06-24), Veeva Systems's current share price is $281.9055. Veeva Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2025 was $10.48. Veeva Systems's Cyclically Adjusted PS Ratio for today is 26.90.

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

VEEV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 19.71   Med: 24.7   Max: 37.7
Current: 26.87

During the past years, Veeva Systems's highest Cyclically Adjusted PS Ratio was 37.70. The lowest was 19.71. And the median was 24.70.

VEEV's Cyclically Adjusted PS Ratio is ranked worse than
98.82% of 340 companies
in the Healthcare Providers & Services industry
Industry Median: 1.24 vs VEEV: 26.87

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. 2025 was $4.566. 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 $10.48 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Veeva Systems Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Veeva Systems Cyclically Adjusted PS Ratio Chart

Veeva Systems Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 24.63 24.78 23.31

Veeva Systems Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 22.45 20.83 21.77 23.31 22.31

Competitive Comparison of Veeva Systems's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.


;
;

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
=281.9055/10.48
=26.90

* 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. 2025 is calculated as:

For example, Veeva Systems's adjusted Revenue per Share data for the three months ended in Apr. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=4.566/135.3468*135.3468
=4.566

Current CPI (Apr. 2025) = 135.3468.

Veeva Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201507 0.677 100.691 0.910
201510 0.737 100.346 0.994
201601 0.787 99.957 1.066
201604 0.822 100.947 1.102
201607 0.893 101.524 1.191
201610 0.968 101.988 1.285
201701 1.051 102.456 1.388
201704 1.058 103.167 1.388
201707 1.091 103.278 1.430
201710 1.147 104.070 1.492
201801 1.204 104.578 1.558
201804 1.262 105.708 1.616
201807 1.349 106.324 1.717
201810 1.440 106.695 1.827
201901 1.476 106.200 1.881
201904 1.550 107.818 1.946
201907 1.682 108.250 2.103
201910 1.770 108.577 2.206
202001 1.961 108.841 2.439
202004 2.114 108.173 2.645
202007 1.897 109.318 2.349
202010 2.335 109.861 2.877
202101 2.459 110.364 3.016
202104 2.673 112.673 3.211
202107 2.799 115.183 3.289
202110 2.920 116.696 3.387
202201 3.013 118.619 3.438
202204 3.119 121.978 3.461
202207 3.295 125.002 3.568
202210 3.403 125.734 3.663
202301 3.453 126.223 3.703
202304 3.239 127.992 3.425
202307 3.615 128.974 3.794
202310 3.765 129.810 3.926
202401 3.832 130.124 3.986
202404 3.956 132.289 4.047
202407 4.109 132.708 4.191
202410 4.238 133.182 4.307
202501 4.332 134.029 4.375
202504 4.566 135.347 4.566

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.


Veeva Systems  (NYSE:VEEV) 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

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


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.
Executives
Jonathan Faddis officer: VP, General Counsel, Secretary C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Thomas D. Schwenger officer: President and COO C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Timothy S Cabral officer: Chief Financial Officer C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Alan Mateo officer: EVP Global Sales C/O VEEVA SYSTEMS, 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Matthew J Wallach officer: President C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Eleni Nitsa Zuppas officer: Chief Marketing Officer C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Mary Lynne Hedley director C/O TESARO, INC., 1000 WINTER ST., STE 3300, WALTHAM MA 02451
Paul J Sekhri director C/O VEEVA SYSTEMS INC., 4637 CHABOT DRIVE, SUITE 210, PLEASANTON CA 94588
Kristine Diamond officer: Chief Accounting Officer 345 ENCINAL STREET, SANTA CRUZ CA 95060
Paul Edward Chamberlain director C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Michele O'connor officer: Chief Accounting Officer C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Peter P Gassner director, 10 percent owner, officer: Chief Executive Officer C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Codd Ronald E F director C/O INTERWOVEN INC, 803 11TH AVE, SUNNYVALE CA 94089
Nimrata Hunt director IDEXX LABORATORIES, INC., WESTBROOK ME 04092
Priscilla Hung director C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403