Veeva SystemsBSP:V2EE34 97 Pretax Margin % is 39.36% as of Apr. 2026, which is 44% above its 10-year median of 27.29. GuruFocus rates BSP:V2EE34 with a GF Score™ of 97/100 and a GF Value™ of R$47.45 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 666 Healthcare Providers & Services companies, Veeva Systems ranks better than 97.15% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Veeva Systems's Pre-Tax Income for the
three
months ended in Apr. 2026 was R$1,749 Mil. Veeva Systems's Revenue for the
three
months ended in Apr. 2026 was R$4,445 Mil. Therefore, Veeva Systems's pretax margin for the quarter that ended in Apr. 2026 was 39.36%.
The historical rank and industry rank for Veeva Systems's Pretax Margin % or its related term are showing as below:
BSP:V2EE34'
s Pretax Margin % Range Over the Past 10 Years
Min: 22.22 Med: 27.29 Max: 37.46
Current: 37.46
BSP:V2EE34's Pretax Margin % is ranked better than 97.15% of 666
companies
in the Healthcare Providers & Services industry
Industry Median: 4.01
vs BSP:V2EE34: 37.46
Veeva Systems (BSP:V2EE34) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Veeva Systems Pretax Margin % Related Terms
Veeva Systems Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Veeva Systems's Pretax Margin % 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.
BSP:V2EE34 vs BTSG, TEM, HQY: Pretax Margin % Comparison
For the Health Information Services subindustry, Veeva Systems's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Veeva Systems's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Veeva Systems's Pretax Margin % falls into.
* 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 (BSP:V2EE34) has a Pretax Margin % of 39.36% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Veeva Systems and its competitors. This is 44% above median its historical median of 27.29. Over the past decade, Veeva Systems' Pretax Margin % has ranged from 22.22 to 37.46. According to the industry distribution chart, Veeva Systems ranks #19 out of 666 companies in the Healthcare Providers & Services industry, placing it in the top 2.9%.
Is Veeva Systems' Pretax Margin % too high?
Veeva Systems' current Pretax Margin % of 39.36% is 44% above median its 10-year median of 27.29. Over the past 10 years, this metric has ranged from a low of 22.22 to a high of 37.46. The Healthcare Providers & Services industry median Pretax Margin % is 4.01. Veeva Systems' value of 39.36% is 881.5% above this industry median. Based on the distribution chart, Veeva Systems ranks #19 out of 666 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Veeva Systems has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veeva Systems' Pretax Margin % compare to BTSG and TEM?
According to the Healthcare Providers & Services industry distribution chart, Veeva Systems ranks #19 out of 666 companies for Pretax Margin %. This places Veeva Systems in the top 3% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.01. Veeva Systems' value of 39.36% is 881.5% above this benchmark. Historically, Veeva Systems' own Pretax Margin % has ranged from 22.22 to 37.46 over the past decade. While the company's 10-year median is 27.29 vs. the industry median of 4.01, Veeva 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 Pretax Margin % for a Healthcare Providers & Services company?
The median Pretax Margin % among Healthcare Providers & Services companies is 4.01, based on 666 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Veeva Systems's current Pretax Margin % of 39.36% is 881.5% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Veeva Systems and its competitors. For the Healthcare Providers & Services industry, the median Pretax Margin % is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veeva Systems's current Pretax Margin % is 39.36%, which is 44% above median its own 10-year median of 27.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veeva Systems stock overvalued right now?
Based on GuruFocus' analysis, Veeva Systems (BSP:V2EE34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$47.45, compared to a current price of R$30.58 — trading 35.6% below its estimated fair value. The current Pretax Margin % is 39.36%, which is 44% above median its 10-year median of 27.29 and 881.5% above the Healthcare Providers & Services industry median of 4.01. Veeva Systems' overall GF Score™ is 97/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Veeva Systems (BSP:V2EE34), the current Pretax Margin % is 39.36% as of Apr. 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 Veeva Systems (BSP:V2EE34) Overvalued in 2026?
Based on GuruFocus' analysis, Veeva Systems stock appears to be undervalued.
The current stock price of R$30.58 is trading 35.6% below its estimated GF Value™ of R$47.45.
GuruFocus considers Veeva Systems to be Significantly Undervalued.
Key valuation signals for BSP:V2EE34:
Pretax Margin %: 39.36% (44% above median its 10-year median of 27.29)
GF Value™: R$47.45 vs. price of R$30.58 (35.6% below fair value)
Industry Position: 881.5% above the Healthcare Providers & Services median (#19 of 666)
No single metric tells the full story. See the BSP:V2EE34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
97GF Score
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