VE

Veeva Systems IncNYSE VEEV Stock Report

Last reporting period 31 Jul, 2024

Updated 06 Nov, 2024

Last price

Market cap $B

33.668

Large

Exchange

XNYS - New York Stock Exchange, Inc

View Section: Eyestock Rating

Veeva Fair Value

VE

The fair market value of VEEV stock is 269 USD. Relative to the market price of 216.45 USD Veeva is undervalued by 24.3%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Undervalued 24.3%
269 USD
VEEV Fair Value
216.45 USD
Market price of VEEV

Veeva Valuation

Current VEEV share ticker price is 216.45 USD.

The fair value level of 269 USD can be considered as an effective entry point for long-term investors to start investing in VEEV stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 24% lower its fair value

Min value

Current price is 3% higher its minimum value

Max value

Current price is 104% lower its maximum value

07.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

VEEV stock is undervalued

It means the current price may concern as a Moderate Risk Entry Point

Veeva Systems Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

115.43

2

Median P/E over 5 years

70.48

3

Minimum P/E over 5 years

54.94

4

Earning per share (last 12 months)

3.82 USD

Maximum value

1

x

4

=

440.53 USD

Fair value

2

x

4

=

269 USD

Minimum value

3

x

4

=

209.7 USD

Veeva Systems Inc price metrics

7.95

Annual return (geometric mean)

40.03

Risk (standard deviation) of returns

β

0.81

Beta (volatility compared to market)

It means that VEEV stock is less volatile than the broader market

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View Section: Profitability