Veeva Systems (BSP:V2EE34) PB Ratio : 7.39 (As of Apr. 24, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Veeva Systems PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-24), Veeva Systems's share price is R$34.88. Veeva Systems's Book Value per Share for the quarter that ended in Jan. 2024 was R$4.72. Hence, Veeva Systems's PB Ratio of today is 7.39.

The historical rank and industry rank for Veeva Systems's PB Ratio or its related term are showing as below:

BSP:V2EE34' s PB Ratio Range Over the Past 10 Years
Min: 5.5 Med: 10.51 Max: 114.41
Current: 6.98

During the past 13 years, Veeva Systems's highest PB Ratio was 114.41. The lowest was 5.50. And the median was 10.51.

BSP:V2EE34's PB Ratio is ranked worse than
87.9% of 595 companies
in the Healthcare Providers & Services industry
Industry Median: 2.23 vs BSP:V2EE34: 6.98

During the past 12 months, Veeva Systems's average Book Value Per Share Growth Rate was 22.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 27.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 29.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Veeva Systems was 274.70% per year. The lowest was 24.60% per year. And the median was 30.75% per year.

Back to Basics: PB Ratio

Veeva Systems PB Ratio Historical Data

The historical data trend for Veeva Systems's PB 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.

* Premium members only.

Veeva Systems PB Ratio Chart

Veeva Systems Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

PB Ratio

Get a 7-Day Free Trial

11.32

7.11

7.29

Veeva Systems Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
PB Ratio	Get a 7-Day Free Trial															7.11	7.48	7.73	7.07	7.29

Competitive Comparison of Veeva Systems's PB Ratio

For the Health Information Services subindustry, Veeva Systems's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Veeva Systems's PB Ratio distribution charts can be found below:

* The bar in red indicates where Veeva Systems's PB Ratio falls into.

Veeva Systems PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Veeva Systems's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jan. 2024)
	=	34.88	/	4.717
	=	7.39

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Veeva Systems (BSP:V2EE34) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Veeva Systems PB Ratio Related Terms

Thank you for viewing the detailed overview of Veeva Systems's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Veeva Systems (BSP:V2EE34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veeva Systems Inc (BSP:V2EE34) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

VEEV:USA VEEV:Mexico VEE:Germany VEEV:Austria

Address

4280 Hacienda Drive, Pleasanton, CA, USA, 94588

Website

https://www.veeva.com

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.

Veeva Systems (BSP:V2EE34) Headlines

No Headlines