Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Veeva Systems's share price for the quarter that ended in Jan. 2024 was $207.41. Veeva Systems's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 161 Mil. Therefore, Veeva Systems's market cap for the quarter that ended in Jan. 2024 was $33,447 Mil.
Veeva Systems's quarterly market cap
declined
from Jul. 2023 ($32,802 Mil) to Oct. 2023 ($31,020 Mil) but then
increased
from Oct. 2023 ($31,020 Mil) to Jan. 2024 ($33,447 Mil).
Veeva Systems's annual market cap
declined
from Jan. 2022 ($36,474 Mil) to Jan. 2023 ($26,989 Mil) but then
increased
from Jan. 2023 ($26,989 Mil) to Jan. 2024 ($33,447 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Veeva Systems's Enterprise Value for Today is $28,204 Mil.
Veeva Systems Market Cap Historical Data
The historical data trend for Veeva Systems's Market Cap 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 Market Cap
For the Health Information Services subindustry, Veeva Systems's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Veeva Systems's Market Cap distribution charts can be found below:
* The bar in red indicates where Veeva Systems's Market Cap falls into.
Veeva Systems Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Veeva Systems's Market Cap for the fiscal year that ended in Jan. 2024 is calculated as
* 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Veeva Systems Market Cap Related Terms
Thank you for viewing the detailed overview of Veeva Systems's Market Cap 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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