GURUFOCUS.COM » STOCK LIST » USA » NYSE » Veeva Systems Inc (NYSE:VEEV) » Definitions » GF Value Rank
Switch to:

Veeva Systems GF Value Rank

: 8 (As of Today)
View and export this data going back to 2013. Start your Free Trial

Veeva Systems has the GF Value Rank of 8.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison

For the Health Information Services subindustry, Veeva Systems's GF Value Rank, along with its competitors' market caps and GF Value Rank 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 GF Value Rank Distribution

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

* The bar in red indicates where Veeva Systems's GF Value Rank falls into.



Veeva Systems GF Value Rank Related Terms

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


Veeva Systems Business Description

Veeva Systems logo
Traded in Other Exchanges
Address
4280 Hacienda Drive, Pleasanton, CA, USA, 94588
Veeva is a leading supplier of software solutions for the life sciences industry. The company's best-of-breed offering addresses operating and regulatory requirements for customers ranging from small, emerging biotechnology companies to departments of global pharmaceutical manufacturers. The company leverages its domain expertise and cloud-based platform 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. As the vertical leader, Veeva innovates, increases wallet share at existing customers, and expands into other industries with similar regulations, protocols, and procedures, such as consumer goods, chemicals, and cosmetics.
Executives
Hunt Nimrata director IDEXX LABORATORIES, INC. WESTBROOK ME 04092
Mohr Marshall director C/O INTUITIVE SURGICAL, INC 1266 KIFER ROAD SUNNYVALE CA 94086
Hung Priscilla director 2850 S. DELAWARE STREET SUITE 400 SAN MATEO CA 94404
Bowman Brent R officer: Chief Financial Officer C/O VEEVA SYSTEMS INC. 4280 HACIENDA DRIVE PLEASANTON CA 94588
Schwenger Thomas D. officer: President and COO C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE PLEASANTON CA 94588
Hedley Mary Lynne director C/O TESARO, INC. 1000 WINTER ST., STE 3300 WALTHAM MA 02451
O'connor Michele officer: Chief Accounting Officer C/O VEEVA SYSTEMS INC. 4280 HACIENDA DRIVE PLEASANTON CA 94588
Carges Mark T director EBAY INC. 2145 HAMILTON AVENUE SAN JOSE CA 95125
Lequient Frederic officer: SVP Global Customer Service C/O VEEVA SYSTEMS INC. 4280 HACIENDA DRIVE PLEASANTON CA 94588
Chamberlain Paul Edward director C/O VEEVA SYSTEMS INC. 4280 HACIENDA DRIVE PLEASANTON CA 94588
Emergence Equity Partners Ii, L.p. director, 10 percent owner 160 BOVET ROAD SUITE 300 SAN MATEO CA 94402
Emergence Gp Partners, Llc director, 10 percent owner 160 BOVET ROAD SUITE 300 SAN MATEO CA 94402
Emergence Capital Partners Ii Lp director, 10 percent owner 160 BOVET ROAD SAN MATEO CA 94402
Barabe Timothy C director C/O ARQULE, INC. 1 WALL STREET, 6TH FLOOR BURLINGTON MA 01803
Mateo Alan officer: EVP Global Sales C/O VEEVA SYSTEMS 4280 HACIENDA DRIVE PLEASANTON CA 94588

Veeva Systems Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)