Veeva Systems (BSP:V2EE34) E10: R$0.51 (As of Apr. 2026)


BSP:V2EE34 Veeva Systems Inc BSP:V2EE34
93 GF Score
Price R$29.15
GF Value R$48.51
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Veeva Systems E10?

Veeva Systems BSP:V2EE34 +7.25% 93 E10 is R$0.51 as of Apr. 2026. GuruFocus rates BSP:V2EE34 with a GF Score™ of 93/100 and a GF Value™ of R$48.51 (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 P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Veeva Systems's adjusted earnings per share data for the three months ended in Apr. 2026 was R$0.263. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$0.51 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Veeva Systems's average E10 Growth Rate was 24.50% per year. During the past 3 years, the average E10 Growth Rate was 23.60% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Veeva Systems was 23.60% per year. The lowest was 23.60% per year. And the median was 23.60% per year.

As of today (2026-06-29), Veeva Systems's current stock price is R$29.15. Veeva Systems's E10 for the quarter that ended in Apr. 2026 was R$0.51. Veeva Systems's Shiller PE Ratio of today is 57.16.

During the past 13 years, the highest Shiller PE Ratio of Veeva Systems was 174.67. The lowest was 49.45. And the median was 107.51.


Veeva Systems  (BSP:V2EE34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Veeva Systems's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=29.15/0.51
=57.16

* 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 Shiller P/E Ratio of Veeva Systems was 174.67. The lowest was 49.45. And the median was 107.51.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Veeva Systems E10 Related Terms


Veeva Systems E10 Historical Data

* Premium members only.

The historical data trend for Veeva Systems's E10 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 E10 Chart

Veeva Systems Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.26 0.31 0.43 0.51

Veeva Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
E10 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 0.46 0.49 0.50 0.51 0.51

BSP:V2EE34 vs BTSG, TEM, HQY: E10 Comparison

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

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

* The bar in red indicates where Veeva Systems's Shiller PE Ratio falls into.


BSP:V2EE34
93GF Score
Veeva Systems Inc BSP:V2EE34
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veeva Systems E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.263/333.0200*333.0200
=0.263

Current CPI (Apr. 2026) = 333.0200.

Veeva Systems Quarterly Data

per share eps CPI Adj_EPS
201607 0.010 240.628 0.014
201610 0.016 241.729 0.022
201701 0.016 242.839 0.022
201704 0.025 244.524 0.034
201707 0.027 244.786 0.037
201710 0.024 246.663 0.032
201801 0.024 247.867 0.032
201804 0.033 250.546 0.044
201807 0.041 252.006 0.054
201810 0.051 252.885 0.067
201901 0.056 251.712 0.074
201904 0.061 255.548 0.079
201907 0.063 256.571 0.082
201910 0.071 257.346 0.092
202001 0.058 257.971 0.075
202004 0.096 256.389 0.125
202007 0.102 259.101 0.131
202010 0.112 260.388 0.143
202101 0.114 261.582 0.145
202104 0.132 267.054 0.165
202107 0.115 273.003 0.140
202110 0.120 276.589 0.144
202201 0.110 281.148 0.130
202204 0.098 289.109 0.113
202207 0.100 296.276 0.112
202210 0.117 298.012 0.131
202301 0.201 299.170 0.224
202304 0.135 303.363 0.148
202307 0.109 305.691 0.119
202310 0.140 307.671 0.152
202401 0.147 308.417 0.159
202404 0.167 313.548 0.177
202407 0.192 314.540 0.203
202410 0.212 315.664 0.224
202501 0.236 317.671 0.247
202504 0.264 320.795 0.274
202507 0.219 323.048 0.226
202510 0.251 0.000
202601 0.257 325.252 0.263
202604 0.263 333.020 0.263

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of R$0.51 mean?
Veeva Systems (BSP:V2EE34) has a E10 of R$0.51 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Veeva Systems and its competitors.
Is Veeva Systems' E10 too high?
Veeva Systems' current E10 is R$0.51. Overall, Veeva Systems has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veeva Systems' E10 compare to BTSG and TEM?
Veeva Systems' E10 of R$0.51 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 E10 for a Healthcare Providers & Services company?
A good E10 depends on the Healthcare Providers & Services industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Veeva Systems and its competitors. Veeva Systems's current E10 is R$0.51. 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$48.51, compared to a current price of R$29.15 — trading 39.9% below its estimated fair value. The current E10 is R$0.51. Veeva Systems' overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Veeva Systems (BSP:V2EE34), the current E10 is R$0.51 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 (BSP:V2EE34) Overvalued in 2026?

Based on GuruFocus' analysis, Veeva Systems stock appears to be undervalued. The current stock price of R$29.15 is trading 39.9% below its estimated GF Value™ of R$48.51. GuruFocus considers Veeva Systems to be Significantly Undervalued.

Key valuation signals for BSP:V2EE34:

  • E10: R$0.51
  • GF Value™: R$48.51 vs. price of R$29.15 (39.9% below fair value)
  • GF Score™: 93/100 with 1 warning sign

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.
93GF Score

Get the complete analysis for BSP:V2EE34

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$29.15
Price
R$48.51
GF Value