Varonis Systems (MIL:1VRNS) PEG Ratio: 60.46 (As of Jul. 06, 2026) — 92% Above Median


MIL:1VRNS Varonis Systems Inc MIL:1VRNS
52 GF Score
Price €36.92
GF Value €47.14
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Varonis Systems PEG Ratio?

Varonis Systems MIL:1VRNS 52 PEG Ratio is 60.46 as of Jul. 06, 2026, which is 92% above its 10-year median of 31.57. GuruFocus rates MIL:1VRNS with a GF Score™ of 52/100 and a GF Value™ of €47.14 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 817 Software companies, Varonis Systems ranks worse than 98.53% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Varonis Systems's PE Ratio without NRI is 187.41. Varonis Systems's 5-Year EBITDA growth rate is 3.10%. Therefore, Varonis Systems's PEG Ratio for today is 60.46.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


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

MIL:1VRNS' s PEG Ratio Range Over the Past 10 Years
Min: 13.46   Med: 31.57   Max: 718.3
Current: 60.14


During the past 13 years, Varonis Systems's highest PEG Ratio was 718.30. The lowest was 13.46. And the median was 31.57.


MIL:1VRNS's PEG Ratio is ranked worse than
98.53% of 817 companies
in the Software industry
Industry Median: 1.34 vs MIL:1VRNS: 60.14

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Varonis Systems  (MIL:1VRNS) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Varonis Systems PEG Ratio Related Terms


Varonis Systems PEG Ratio Historical Data

* Premium members only.

The historical data trend for Varonis Systems's PEG 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.

Varonis Systems PEG Ratio Chart

Varonis Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 29.92 26.22

Varonis Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 573.76 0.00 0.00 26.22 14.32

MIL:1VRNS vs RELY, ZETA, WEX: PEG Ratio Comparison

For the Software - Infrastructure subindustry, Varonis Systems's PEG Ratio, along with its competitors' market caps and PEG 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.


Varonis Systems PEG Ratio vs Software Industry

For the Software industry and Technology sector, Varonis Systems's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Varonis Systems's PEG Ratio falls into.


MIL:1VRNS
52GF Score
Varonis Systems Inc MIL:1VRNS
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Varonis Systems PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Varonis Systems's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=187.41116751269/3.10
=60.46

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 60.46 mean?
Varonis Systems (MIL:1VRNS) has a PEG Ratio of 60.46 as of Jul. 06, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Varonis Systems and its competitors. This is 92% above median its historical median of 31.57. Over the past decade, Varonis Systems' PEG Ratio has ranged from 13.46 to 718.30. According to the industry distribution chart, Varonis Systems ranks #805 out of 817 companies in the Software industry, placing it in the top 98.5%.
Is Varonis Systems' PEG Ratio too high?
Varonis Systems' current PEG Ratio of 60.46 is 92% above median its 10-year median of 31.57. Over the past 10 years, this metric has ranged from a low of 13.46 to a high of 718.30. The Software industry median PEG Ratio is 1.34. Varonis Systems' value of 60.46 is 4411.9% above this industry median. Based on the distribution chart, Varonis Systems ranks #805 out of 817 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Varonis Systems has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Varonis Systems' PEG Ratio compare to RELY and ZETA?
According to the Software industry distribution chart, Varonis Systems ranks #805 out of 817 companies for PEG Ratio. This places Varonis Systems in the lower half of its industry. The industry median PEG Ratio is 1.34. Varonis Systems' value of 60.46 is 4411.9% above this benchmark. Historically, Varonis Systems' own PEG Ratio has ranged from 13.46 to 718.30 over the past decade. While the company's 10-year median is 31.57 vs. the industry median of 1.34, Varonis Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Software company?
The median PEG Ratio among Software companies is 1.34, based on 817 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Varonis Systems's current PEG Ratio of 60.46 is 4411.9% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Varonis Systems and its competitors. For the Software industry, the median PEG Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varonis Systems's current PEG Ratio is 60.46, which is 92% above median its own 10-year median of 31.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varonis Systems stock overvalued right now?
Based on GuruFocus' analysis, Varonis Systems (MIL:1VRNS) is currently considered Modestly Undervalued. The stock's GF Value™ is €47.14, compared to a current price of €36.92 — trading 21.7% below its estimated fair value. The current PEG Ratio is 60.46, which is 92% above median its 10-year median of 31.57 and 4411.9% above the Software industry median of 1.34. Varonis Systems' overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Varonis Systems (MIL:1VRNS), the current PEG Ratio is 60.46 as of Jul. 06, 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 Varonis Systems (MIL:1VRNS) Overvalued in 2026?

Based on GuruFocus' analysis, Varonis Systems stock appears to be undervalued. The current stock price of €36.92 is trading 21.7% below its estimated GF Value™ of €47.14. GuruFocus considers Varonis Systems to be Modestly Undervalued.

Key valuation signals for MIL:1VRNS:

  • PEG Ratio: 60.46 (92% above median its 10-year median of 31.57)
  • GF Value™: €47.14 vs. price of €36.92 (21.7% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 4411.9% above the Software median (#805 of 817)

No single metric tells the full story. See the MIL:1VRNS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Varonis Systems Business Description

Address 801 Brickell Avenue, 8th Floor, Miami, FL, USA, 33131
Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.
52GF Score

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PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€36.92
Price
€47.14
GF Value