As of today (2024-04-24), Veeva Systems's share price is $199.81. Veeva Systems's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $25.69. Hence, Veeva Systems's Price to Tangible Book Ratio of today is 7.78.
The historical rank and industry rank for Veeva Systems's Price-to-Tangible-Book or its related term are showing as below:
VEEV'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.83 Med: 11.37 Max: 24.5
Current: 7.83
During the past 13 years, Veeva Systems's highest Price to Tangible Book Ratio was 24.50. The lowest was 7.83. And the median was 11.37.
VEEV's Price-to-Tangible-Book is ranked worse than 80.33% of 478
companies
in the Healthcare Providers & Services industry
Industry Median: 3.245
vs VEEV: 7.83
A closely related ratio is called PB Ratio. As of today, Veeva Systems's share price is $199.81. Veeva Systems's Book Value per Sharefor the quarter that ended in Jan. 2024 was $28.80. Hence, Veeva Systems's P/B Ratio of today is 6.94.
Veeva Systems Price-to-Tangible-Book Historical Data
The historical data trend for Veeva Systems's Price-to-Tangible-Book 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.
For the Health Information Services subindustry, Veeva Systems's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution
For the Healthcare Providers & Services industry and Healthcare sector, Veeva Systems's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Veeva Systems's Price-to-Tangible-Book falls into.
Veeva Systems Price-to-Tangible-Book Calculation
Veeva Systems's price-to-tangible-book ratio for today 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Veeva Systems Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Veeva Systems's Price-to-Tangible-Book 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VEEV has been successfully added to your 