WallStSmart
VEEV

Veeva Systems Inc Class A

NYSE: VEEV · HEALTHCARE · HEALTH INFORMATION SERVICES

$158.22
-0.17% today

Updated 2026-04-29

Market cap
$26.01B
P/E ratio
29.08
P/S ratio
8.14x
EPS (TTM)
$5.44
Dividend yield
52W range
$148 – $311
Volume
2.1M

Veeva Systems Inc Class A (VEEV) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for VEEV.

WallStSmart Verdict
Fairly
Valued

Valuation reasonably reflects current fundamentals. Limited margin of safety at these levels.

Smart Value Score: 69 / 100
P/E (TTM)
29.1x
vs 5Y median of 56.0x
PEG
0.73
Under 1.0 = undervalued
Margin of Safety
+40.31%
Fair value $296.62 vs $158.22
EV / EBITDA
20.4x

VEEV historical valuation range

Where current P/E sits in VEEV's own 5Y range.

NOW
27.8x
5Y Low
37.7x
25th
56.0x
Median
64.4x
75th
127.0x
5Y High
VEEV is trading cheaper than 92% of the last 5Y.
8th percentile · Historically cheap

VEEV intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$158.22
Market value
Intrinsic value
$296.62
DCF estimate
Margin of safety
+40.31%
+87.5% upside to fair value

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

VEEV valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

PEG ratio under 1.0
PEG of 0.73 indicates growth is outpacing the multiple. Traditionally a buy signal for quality compounders.
P/E near 5Y low
Current P/E sits in the 8th percentile of its 5Y range. Historically cheap relative to its own history.
Strong margin of safety
Current price 40.3% below DCF intrinsic value estimate. Meaningful downside cushion.

P/E Ratio — History

Current: 29.08x

P/S Ratio — History

Current: 8.14x

Is VEEV overvalued in 2026?

Veeva Systems Inc Class A (VEEV) currently trades at $158.22 per share with a market capitalization of $26,008,498,000.00. Based on our multi-factor framework, the stock trades at a fair valuation with a Smart Value Score of 69/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

The stock trades at a P/E ratio of 29.1x, below its 5-year median of 56.0x. The PEG ratio of 0.73 suggests earnings growth is outpacing the multiple, a classic sign of undervaluation.

Looking at its own history, VEEV is currently trading cheaper than 92% of the last 5Y on P/E. This places it in the 8th percentile of its historical range, a level that has historically coincided with attractive entry points.

Our discounted cash flow model estimates VEEV's intrinsic value at $296.62 per share, against the current market price of $158.22. This implies a margin of safety of +40.31%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.

The Piotroski F-Score of 4/9 puts financial quality in a middling range, neither a standout strength nor an obvious red flag.

Bottom line: VEEV trades at a fair valuation on our framework, with a Smart Value Score of 69/100. The valuation is defensible but offers no obvious bargain. Patience or a better entry price may reward disciplined buyers.

Frequently asked questions

Is VEEV overvalued in 2026?

Based on a Smart Value Score of 69/100, VEEV is fairly valued. Price reasonably reflects current fundamentals with limited cushion in either direction.

What is VEEV's fair value?

Our DCF model estimates VEEV's intrinsic value at $296.62 per share, versus the current price of $158.22. This produces a margin of safety of +40.31%.

What P/E ratio does VEEV trade at?

VEEV trades at a P/E of 29.1x on trailing twelve-month earnings, compared to its 5-year median of 56.0x.

Is VEEV a buy based on valuation?

WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 69/100 reflects the combined read on growth, quality, and price. The profile is balanced. Best suited for investors with an existing thesis.

How does VEEV's valuation compare to its history?

On P/E, VEEV currently sits in the 8th percentile of its own 5Y range. That is historically cheap relative to where it has traded over the period.

What is VEEV's Smart Value Score?

VEEV's Smart Value Score is 69/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.