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Veeva Systems (XTER:VEE) E10 : €2.11 (As of Oct. 2024)


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What is Veeva Systems E10?

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 Oct. 2024 was €1.037. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.11 for the trailing ten years ended in Oct. 2024.

During the past 12 months, Veeva Systems's average E10 Growth Rate was 23.30% 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.

As of today (2024-12-11), Veeva Systems's current stock price is €233.80. Veeva Systems's E10 for the quarter that ended in Oct. 2024 was €2.11. Veeva Systems's Shiller PE Ratio of today is 110.81.

During the past 13 years, the highest Shiller PE Ratio of Veeva Systems was 274.84. The lowest was 86.69. And the median was 117.63.


Veeva Systems E10 Historical Data

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.

* Premium members only.

Veeva Systems E10 Chart

Veeva Systems Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.04 1.41 1.77

Veeva Systems Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 1.67 1.77 1.90 1.99 2.11

Competitive Comparison of Veeva Systems's E10

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's Shiller PE Ratio Distribution in the 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.



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 Oct. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=1.037/133.1820*133.1820
=1.037

Current CPI (Oct. 2024) = 133.1820.

Veeva Systems Quarterly Data

per share eps CPI Adj_EPS
201501 0.077 98.604 0.104
201504 0.083 99.824 0.111
201507 0.082 100.691 0.108
201510 0.062 100.346 0.082
201601 0.111 99.957 0.148
201604 0.079 100.947 0.104
201607 0.081 101.524 0.106
201610 0.136 101.988 0.178
201701 0.141 102.456 0.183
201704 0.224 103.167 0.289
201707 0.217 103.278 0.280
201710 0.196 104.070 0.251
201801 0.180 104.578 0.229
201804 0.236 105.708 0.297
201807 0.274 106.324 0.343
201810 0.357 106.695 0.446
201901 0.394 106.200 0.494
201904 0.418 107.818 0.516
201907 0.446 108.250 0.549
201910 0.470 108.577 0.577
202001 0.378 108.841 0.463
202004 0.497 108.173 0.612
202007 0.505 109.318 0.615
202010 0.510 109.861 0.618
202101 0.525 110.364 0.634
202104 0.594 112.673 0.702
202107 0.567 115.183 0.656
202110 0.560 116.696 0.639
202201 0.530 118.619 0.595
202204 0.574 121.978 0.627
202207 0.550 125.002 0.586
202210 0.680 125.734 0.720
202301 1.076 126.223 1.135
202304 0.739 127.992 0.769
202307 0.615 128.974 0.635
202310 0.786 129.810 0.806
202401 0.826 130.124 0.845
202404 0.913 132.289 0.919
202407 0.959 132.708 0.962
202410 1.037 133.182 1.037

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


Veeva Systems  (XTER:VEE) 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
=233.80/2.11
=110.81

* 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 274.84. The lowest was 86.69. And the median was 117.63.


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

Thank you for viewing the detailed overview of Veeva Systems's E10 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.

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