Which has the lower trailing P/E, FLEX or VEEV?

VEEV has the lower trailing P/E: FLEX trades at 45.03 and VEEV at 44.92. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FLEX or VEEV?

Over the past five years, VEEV grew revenue faster — FLEX at a 3.76% CAGR versus VEEV at 15.76%.

Is FLEX or VEEV more profitable?

VEEV runs the higher net margin — FLEX at 3.32% versus VEEV at 29.34%.

How have FLEX and VEEV total returns compared?

Over the past 10 years, FLEX delivered 23.54% and VEEV delivered 21.18% annualized total return. Past performance doesn't predict future results.

Flex Ltd. (FLEX) vs Veeva Systems Inc. (VEEV)

A side-by-side comparison of Flex Ltd. and Veeva Systems Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

FLEX

Flex Ltd.

$43.08B

$116.63TechnologyDelayed quote: Oct 2, 2026, 3:55 PM EDT

VEEV

Veeva Systems Inc.

$44.37B

$273.12TechnologyDelayed quote: Oct 2, 2026, 3:55 PM EDT

Total return — FLEX vs VEEV

growth of $100 · dividends reinvested · last 10y

FLEX +742.9% (+23.8%/yr)VEEV +600.1% (+21.5%/yr)FLEX compounded faster over this window

FLEX VEEV

FLEX vs VEEV: by the numbers

•VEEV is the larger company ($44.37B vs $43.08B market cap).
•VEEV trades at the lower trailing earnings multiple (44.92 vs 45.03 P/E), one valuation lens rather than an overall verdict.
•VEEV converts more revenue to profit (29.34% vs 3.32% net margin).
•VEEV grew revenue faster over the past five years (15.76% vs 3.76% CAGR).

Metrics side by side

Valuation

Metric	FLEX	VEEV
P/E ratio	45.03	44.92
Forward P/E	24.81	29.57
PEG ratio	3.22	2.47
P/S ratio	1.47	12.83
P/B ratio	7.83	5.97
EV / EBITDA	23.59	39.11
FCF yield	2.48%	3.70%

Profitability

Metric	FLEX	VEEV
Gross margin	9.49%	74.89%
Operating margin	5.17%	29.93%
Net margin	3.32%	29.34%
ROE	17.69%	13.66%
ROIC	9.65%	10.40%

Growth (annualized)

Metric	FLEX	VEEV
Revenue CAGR (5Y)	3.76%	15.76%
EPS CAGR (5Y)	13.63%	17.11%
FCF CAGR (5Y)	N/A	16.98%
Total return CAGR (5Y)	43.98%	-0.38%

Frequently asked

Which has the lower trailing P/E, FLEX or VEEV?: VEEV has the lower trailing P/E: FLEX trades at 45.03 and VEEV at 44.92. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FLEX or VEEV?: Over the past five years, VEEV grew revenue faster — FLEX at a 3.76% CAGR versus VEEV at 15.76%.
Is FLEX or VEEV more profitable?: VEEV runs the higher net margin — FLEX at 3.32% versus VEEV at 29.34%.
How have FLEX and VEEV total returns compared?: Over the past 10 years, FLEX delivered 23.54% and VEEV delivered 21.18% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FLEX analysis Full VEEV analysis Interactive comparison tool

Dig into the metrics

Flex P/E ratio Veeva Systems P/E ratio Flex ROE Veeva Systems ROE Flex operating margin Veeva Systems operating margin Flex revenue growth Veeva Systems revenue growth Flex free cash flow Veeva Systems free cash flow

Flex & Veeva Systems appear in these rankings

Fastest Revenue Growth Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.