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Veeva SystemsVEEV +1.04%82 Forward PE Ratio is 21.79 as of Jul. 21, 2026. GuruFocus rates VEEV with a GF Score™ of 82/100 and a GF Value™ of $289.20 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 313 Healthcare Providers & Services companies, Veeva Systems ranks worse than 55.59% on this metric.
Veeva Systems's Forward PE Ratio for today is 21.79.
Veeva Systems (NYSE:VEEV) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Veeva Systems Forward PE Ratio Related Terms
Veeva Systems Forward PE Ratio Historical Data
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The historical data trend for Veeva Systems's Forward PE 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 Forward PE Ratio Chart
Veeva Systems Annual Data
Trend
2016-01
2017-01
2018-01
2019-01
2020-01
2021-01
2022-01
2023-01
2024-01
2025-01
2026-01
Forward PE Ratio
42.74
55.25
59.17
62.11
57.80
87.72
55.87
37.59
37.74
32.33
23.75
Veeva Systems Quarterly Data
2016-01
2016-04
2016-07
2016-10
2017-01
2017-04
2017-07
2017-10
2018-01
2018-04
2018-07
2018-10
2019-01
2019-04
2019-07
2019-10
2020-01
2020-04
2020-07
2020-10
2021-01
2021-04
2021-07
2021-10
2022-01
2022-04
2022-07
2022-10
2023-01
2023-04
2023-07
2023-10
2024-01
2024-04
2024-07
2024-10
2025-01
2025-04
2025-07
2025-10
2026-01
2026-04
Forward PE Ratio
42.74
47.62
68.97
53.48
55.25
62.89
71.43
59.88
59.17
54.05
58.14
49.02
62.11
73.53
84.03
58.48
57.80
71.43
104.17
85.47
87.72
88.50
97.09
78.13
55.87
45.25
54.05
37.17
37.59
41.32
44.44
34.25
37.74
32.57
31.25
31.35
32.33
31.18
37.92
34.70
23.75
18.27
VEEV vs BTSG, TEM, HQY: Forward PE Ratio Comparison
For the Health Information Services subindustry, Veeva Systems's Forward PE Ratio, along with its competitors' market caps and Forward 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 Forward PE Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Veeva Systems's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Veeva Systems's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Veeva Systems (VEEV) has a Forward PE Ratio of 21.79 as of Jul. 21, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Veeva Systems and its competitors. According to the industry distribution chart, Veeva Systems ranks #174 out of 313 companies in the Healthcare Providers & Services industry, placing it in the top 55.6%.
Is Veeva Systems' Forward PE Ratio too high?
Veeva Systems' current Forward PE Ratio is 21.79. The Healthcare Providers & Services industry median Forward PE Ratio is 18.67. Veeva Systems' value of 21.79 is 16.7% above this industry median. Based on the distribution chart, Veeva Systems ranks #174 out of 313 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Veeva Systems has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veeva Systems' Forward PE Ratio compare to BTSG and TEM?
According to the Healthcare Providers & Services industry distribution chart, Veeva Systems ranks #174 out of 313 companies for Forward PE Ratio. This places Veeva Systems in the lower half of its industry. The industry median Forward PE Ratio is 18.67. Veeva Systems' value of 21.79 is 16.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Healthcare Providers & Services company?
The median Forward PE Ratio among Healthcare Providers & Services companies is 18.67, based on 313 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Veeva Systems's current Forward PE Ratio of 21.79 is 16.7% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Veeva Systems and its competitors. For the Healthcare Providers & Services industry, the median Forward PE Ratio is 18.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veeva Systems's current Forward PE Ratio is 21.79. 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 (VEEV) is currently considered Significantly Undervalued. The stock's GF Value™ is $289.20, compared to a current price of $197.41 — trading 31.7% below its estimated fair value. The current Forward PE Ratio is 21.79 and 16.7% above the Healthcare Providers & Services industry median of 18.67. Veeva Systems' overall GF Score™ is 82/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Veeva Systems (VEEV), the current Forward PE Ratio is 21.79 as of Jul. 21, 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 (VEEV) Overvalued in 2026?
Based on GuruFocus' analysis, Veeva Systems stock appears to be undervalued.
The current stock price of $197.41 is trading 31.7% below its estimated GF Value™ of $289.20.
GuruFocus considers Veeva Systems to be Significantly Undervalued.
Key valuation signals for VEEV:
Forward PE Ratio: 21.79
GF Value™: $289.20 vs. price of $197.41 (31.7% below fair value)
Industry Position: 16.7% above the Healthcare Providers & Services median (#174 of 313)
No single metric tells the full story. See the VEEV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
82GF Score
Get the complete analysis for VEEV
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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