This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Veeva Systems's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $14.451. Veeva Systems's 10-Year median PS Ratio is 15.4273. Therefore, the Median PS Value for today is $222.94.
As of today (2024-04-26), Veeva Systems's share price is $202.01. Veeva Systems's Median PS Value is $222.94. Therefore, Veeva Systems's Price to Median PS Value for today is 0.91.
The historical rank and industry rank for Veeva Systems's Median PS Value or its related term are showing as below:
VEEV'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.89 Med: 0.93 Max: 0.93
Current: 0.91
During the past 13 years, the highest Price to Median PS Value of Veeva Systems was 0.93. The lowest was 0.89. And the median was 0.93.
VEEV's Price-to-Median-PS-Value is ranked worse than 60.52% of 233
companies
in the Healthcare Providers & Services industry
Industry Median: 0.74
vs VEEV: 0.91
Veeva Systems Median PS Value Historical Data
The historical data trend for Veeva Systems's Median PS Value 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.
Competitive Comparison of Veeva Systems's Median PS Value
For the Health Information Services subindustry, Veeva Systems's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Veeva Systems's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Veeva Systems's Price-to-Median-PS-Value falls into.
Veeva Systems Median PS Value Calculation
Veeva Systems's Median PS Value for today is calculated as
10-Year Median PS Ratio is 15.4273.
Veeva Systems's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.451.
* 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 (NYSE:VEEV) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Veeva Systems's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
202.01
/
222.94
=
0.91
* 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 Median PS Value Related Terms
Thank you for viewing the detailed overview of Veeva Systems's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Veeva Systems (Veeva Systems) Business Description
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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