VEEV
Veeva Systems
PEG ratio, current and historical analysis
- Stocks
- Healthcare
- NYSE: VEEV
- PEG Ratio
Veeva Systems currently trades with a PEG ratio of 1.27, based on Jun 2, 2026 data. Dividing the 32.96 PE ratio by the 25.9% earnings growth rate produces this figure. Relative to the 1.62 average from the past four quarters, the PEG ratio has declined by 22%.
VEEV PEG ratio history
Historically, Veeva Systems has a PEG ratio averaging 4.05 across the last ten years. At 1.27, today's PEG ratio sits 69% less than its historical average. The ten years high came in the Jul 2016 quarter at 17.92, reflecting peak valuation relative to growth. The bottom was reached in the Jul 2017 quarter at 0.52, suggesting attractive value relative to growth during that period.
Veeva Systems PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2026 | 1.42 | 36.74 | 25.9% |
| 2025 | 1.52 | 52.89 | 34.9% |
| 2024 | 15.47 | 63.43 | 4.1% |
| 2023 | 4.35 | 54.32 | 12.5% |
| 2022 | 7.92 | 84.78 | 10.7% |
| 2021 | 4.67 | 109.7 | 23.5% |
| 2020 | 2.54 | 71.87 | 28.3% |
| 2019 | 1.45 | 68.59 | 47.2% |
| 2018 | 0.65 | 58.2 | 89.5% |
| 2017 | 1.9 | 74.26 | 39% |
| 2016 | 1.82 | 58.78 | 32.3% |
| 2015 | 1.69 | 92.77 | 55% |
| 2014 | 9.03 | 158.95 | 17.6% |
| 2013 | N/A | N/A | 466.7% |
| 2012 | N/A | N/A | 0% |
Veeva Systems PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jan 2026 | 1.42 | 36.74 | 25.9% |
| Oct 2025 | 1.98 | 55.26 | 27.9% |
| Jul 2025 | 1.86 | 57.07 | 30.7% |
| Apr 2025 | 1.23 | 48.58 | 39.4% |
| Jan 2025 | 1.52 | 52.89 | 34.9% |
| Oct 2024 | 3.29 | 50.69 | 15.4% |
| Jul 2024 | 4.54 | 50.38 | 11.1% |
| Apr 2024 | 13.7 | 57.55 | 4.2% |
| Jan 2024 | 15.47 | 63.43 | 4.1% |
| Oct 2023 | 1.37 | 53.98 | 39.5% |
| Jul 2023 | 1.73 | 59.54 | 34.5% |
| Apr 2023 | 2.3 | 54.1 | 23.5% |
| Jan 2023 | 4.35 | 54.32 | 12.5% |
| Oct 2022 | N/A | 65.6 | -9.9% |
| Jul 2022 | N/A | 87.68 | -8.6% |
VEEV average PEG ratio chart
Measured against past performance, VEEV's PEG ratio is lower than the 3, 5 and 10-year averages.
PEG comparison
With a PEG of 1.27, VEEV stands higher than the Healthcare sector and the industry average. Looking at the Healthcare sector average of 0.55, Veeva Systems's PEG is 131% higher.
VEEV EPS growth
VEEV Price vs fair value
VEEV PEG vs peers
Relative to its peers, VEEV's PEG ratio is lower than SPSC's and HSTM's yet above MSFT's and NTCT's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| NTCT Netscout Systems Inc | 0.25 | $3.02B |
| MSFT Microsoft Corp | 0.85 | $3.17T |
| VEEV Veeva Systems Inc | 1.24 | $29.19B |
| SPSC Sps Commerce Inc | 2.18 | $2.04B |
| HSTM Healthstream Inc | 5.81 | $716.94M |
Frequently asked questions
What is Veeva Systems's PEG ratio?
Based on Jun 2, 2026 data, VEEV has a PEG ratio of 1.27.
What is the 3-year average PEG ratio for Veeva Systems (VEEV)?
VEEV's 3-year PEG ratio average is 4.37.
What is the 5-year average PEG ratio for Veeva Systems (VEEV)?
VEEV's 5-year PEG ratio average is 4.49.
What is the highest PEG ratio for VEEV?
VEEV's PEG ratio topped out at 17.92 during the Jul 2016 quarter - the highest in ten years.
How does the current PEG ratio for VEEV compare to its historical average?
Compared to the 10-year average, VEEV's PEG ratio stands 69% lower.
How is VEEV's PEG ratio calculated (Veeva Systems PEG ratio formula)?
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Jun 2, 2026, Veeva Systems has a PE ratio of 32.96. Earnings grew at 25.9% over the TTM period ending Jan 2026. Applying the formula, this gives a PEG ratio of 1.27. PEG RATIO(1.27) = PE RATIO(32.96) / EPS GROWTH(25.9%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.