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

VEEV has the lower trailing P/E: ON trades at 63.15 and VEEV at 34.66. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ON or VEEV?

Over the past five years, VEEV grew revenue faster — ON at a 2.12% CAGR versus VEEV at 16.28%.

Is ON or VEEV more profitable?

VEEV runs the higher net margin — ON at 9.46% versus VEEV at 28.37%.

How have ON and VEEV total returns compared?

Over the past 10 years, ON delivered 23.62% and VEEV delivered 17.97% annualized total return. Past performance doesn't predict future results.

ON Semiconductor Corporation (ON) vs Veeva Systems Inc. (VEEV)

A side-by-side comparison of ON Semiconductor Corporation and Veeva Systems Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

ON Semiconductor Corporation

$32.84B

$84.39TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT

VEEV

Veeva Systems Inc.

$32.68B

$201.20TechnologyDelayed quote: Jul 28, 2026, 4:01 PM EDT

Total return — ON vs VEEV

growth of $100 · dividends reinvested · last 13y

ON +1187.6%VEEV +423.3%ON compounded faster

ON VEEV

ON vs VEEV: by the numbers

•ON is the larger company ($32.84B vs $32.68B market cap).
•VEEV trades at the lower trailing earnings multiple (34.66 vs 63.15 P/E), one valuation lens rather than an overall verdict.
•VEEV converts more revenue to profit (28.37% vs 9.46% net margin).
•VEEV grew revenue faster over the past five years (16.28% vs 2.12% CAGR).

Metrics side by side

Valuation

Metric	ON	VEEV
P/E ratio	63.15	34.66
Forward P/E	28.81	24.49
P/S ratio	5.79	9.72
P/B ratio	4.81	4.42
PEG ratio	N/A	1.42
EV / EBITDA	30.44	30.12
FCF yield	4.14%	5.09%

Profitability

Metric	ON	VEEV
Gross margin	37.22%	74.95%
Operating margin	10.84%	28.79%
Net margin	9.46%	28.37%
ROE	7.86%	12.89%
ROIC	6.24%	9.48%

Growth (annualized)

Metric	ON	VEEV
Revenue CAGR (5Y)	2.12%	16.28%
EPS CAGR (5Y)	-12.64%	17.11%
FCF CAGR (5Y)	23.38%	17.43%
Total return CAGR (5Y)	17.76%	-9.84%

Frequently asked

Which has the lower trailing P/E, ON or VEEV?: VEEV has the lower trailing P/E: ON trades at 63.15 and VEEV at 34.66. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ON or VEEV?: Over the past five years, VEEV grew revenue faster — ON at a 2.12% CAGR versus VEEV at 16.28%.
Is ON or VEEV more profitable?: VEEV runs the higher net margin — ON at 9.46% versus VEEV at 28.37%.
How have ON and VEEV total returns compared?: Over the past 10 years, ON delivered 23.62% and VEEV delivered 17.97% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ON analysis Full VEEV analysis Interactive comparison tool

Dig into the metrics

ON Semiconductor P/E ratio Veeva Systems P/E ratio ON Semiconductor dividend yield Veeva Systems dividend yield ON Semiconductor ROE Veeva Systems ROE ON Semiconductor operating margin Veeva Systems operating margin ON Semiconductor revenue growth Veeva Systems revenue growth ON Semiconductor free cash flow Veeva Systems free cash flow

ON Semiconductor & Veeva Systems appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield 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 July 28, 2026.