Basis: Current FMP quote-based enterprise value / four-quarter operating income. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBIT ratio high or low?
The EV/EBIT ratio of 40.10x is 34% below its estimated 5-year average of 60.54x, near the low end of its estimated 5-year range (24.72x–114.59x).
As of 2026-09-15T10:05:59.532Z. 1.01% above its estimated 12-month average of 39.70x.
Calculation as of: 2026-09-15T10:05:59.532Z.
Quote observation: 2026-09-14T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 1335f1666f11d18125e93a485d8c577ed61d8a15e2b296e18b2c748cb200d1f0
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-09.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/EBIT RATIO
40.10x
EV/EBIT RATIO AVG TTM
39.70x
EV/EBIT RATIO AVG 3Y
56.99x
EV/EBIT RATIO AVG 5Y
60.54x
EV/EBIT RATIO AVG 10Y
72.80x
EV/EBIT RATIO AVG 15Y
N/A
EV/EBIT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+1.01%
CURRENT VS 3Y AVG
-29.64%
CURRENT VS 5Y AVG
-33.76%
CURRENT VS 10Y AVG
-44.92%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
31.88x
median of 151 covered companies
CURRENT VS SECTOR MEDIAN
+25.78%
vs the sector median at left
Veeva Systems Inc.
Market Cap
$43.16B
EV/EBIT Ratio
40.10x
TTM Avg
39.70x
3Y Avg
56.99x
5Y Avg
60.54x
Market Cap
$42.65B
EV/EBIT Ratio
63.69x
TTM Avg
85.51x
3Y Avg
37.42x
5Y Avg
27.44x
Market Cap
$44.06B
EV/EBIT Ratio
160.72x
TTM Avg
323.74x
3Y Avg
364.87x
5Y Avg
364.87x
Market Cap
$41.68B
EV/EBIT Ratio
N/A
TTM Avg
42.45x
3Y Avg
39.47x
5Y Avg
53.17x
Market Cap
$45.25B
EV/EBIT Ratio
50.71x
TTM Avg
122.80x
3Y Avg
67.82x
5Y Avg
50.12x
Market Cap
$45.27B
EV/EBIT Ratio
N/A
TTM Avg
280.50x
3Y Avg
280.50x
5Y Avg
280.50x
Market Cap
$39.82B
EV/EBIT Ratio
21.93x
TTM Avg
23.52x
3Y Avg
31.43x
5Y Avg
33.61x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veeva Systems Inc. (VEEV) | $43.16B | 40.10x | 39.70x | 56.99x | 60.54x |
| STMicroelectronics N.V. (STM)vs › | $42.65B | 63.69x | 85.51x | 37.42x | 27.44x |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $44.06B | 160.72x | 323.74x | 364.87x | 364.87x |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $41.68B | N/A | 42.45x | 39.47x | 53.17x |
| Ciena Corporation (CIEN)vs › | $45.25B | 50.71x | 122.80x | 67.82x | 50.12x |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $45.27B | N/A | 280.50x | 280.50x | 280.50x |
| Strategy Inc (MSTR)vs › | $45.30B | N/A | 74.65x | 74.92x | 44.65x |
| Roper Technologies, Inc. (ROP)vs › | $39.82B | 21.93x | 23.52x | 31.43x | 33.61x |
| Block, Inc. (XYZ)vs › | $47.31B | 18.67x | 15.83x | 35.54x | 114.01x |
| Microchip Technology Incorporated (MCHP)vs › | $38.81B | 55.29x | 334.35x | 147.86x | 98.97x |
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-09-09 | 39.99x |
| 2026-09-08 | 40.64x |
| 2026-09-04 | 42.27x |
| 2026-09-03 | 43.75x |
| 2026-09-02 | 43.17x |
| 2026-09-01 | 42.93x |
| 2026-08-31 | 43.96x |
| 2026-08-28 | 42.53x |
| 2026-08-27 | 47.12x |
| 2026-08-26 | 40.66x |
| 2026-08-25 | 40.98x |
| 2026-08-24 | 41.27x |
| 2026-08-21 | 41.18x |
| 2026-08-20 | 41.63x |
| 2026-08-19 | 41.72x |
| 2026-08-18 | 40.28x |
| 2026-08-17 | 39.52x |
| 2026-08-14 | 40.46x |
| 2026-08-13 | 42.00x |
| 2026-08-12 | 40.07x |
| 2026-08-11 | 39.21x |
| 2026-08-10 | 38.88x |
| 2026-08-07 | 38.15x |
| 2026-08-06 | 35.95x |
| 2026-08-05 | 35.20x |
| 2026-08-04 | 34.92x |
| 2026-08-03 | 33.94x |
| 2026-07-31 | 33.51x |
| 2026-07-30 | 33.13x |
| 2026-07-29 | 34.23x |
| 2026-07-28 | 33.07x |
| 2026-07-27 | 31.90x |
| 2026-07-24 | 30.47x |
| 2026-07-23 | 29.31x |
| 2026-07-22 | 30.18x |
| 2026-07-21 | 30.99x |
| 2026-07-20 | 32.41x |
| 2026-07-17 | 32.06x |
| 2026-07-16 | 32.40x |
| 2026-07-15 | 31.76x |
| 2026-07-14 | 31.66x |
| 2026-07-13 | 32.30x |
| 2026-07-10 | 31.14x |
| 2026-07-09 | 31.07x |
| 2026-07-08 | 30.80x |
| 2026-07-07 | 31.52x |
| 2026-07-06 | 31.47x |
| 2026-07-02 | 31.60x |
| 2026-07-01 | 30.12x |
| 2026-06-30 | 28.95x |
| 2026-06-29 | 28.73x |
| 2026-06-26 | 27.88x |
| 2026-06-25 | 25.58x |
| 2026-06-24 | 26.15x |
| 2026-06-23 | 25.86x |
| 2026-06-22 | 24.72x |
| 2026-06-18 | 24.75x |
| 2026-06-17 | 25.02x |
| 2026-06-16 | 26.50x |
| 2026-06-15 | 26.29x |
| 2026-06-12 | 25.83x |
| 2026-06-11 | 26.18x |
| 2026-06-10 | 26.56x |
| 2026-06-09 | 27.25x |
| 2026-06-08 | 27.17x |
| 2026-06-05 | 30.25x |
| 2026-06-04 | 31.35x |
| 2026-06-03 | 31.37x |
| 2026-06-02 | 32.14x |
| 2026-06-01 | 33.19x |
| 2026-05-29 | 30.57x |
| 2026-05-28 | 28.74x |
| 2026-05-27 | 27.66x |
| 2026-05-26 | 27.66x |
| 2026-05-22 | 27.96x |
| 2026-05-21 | 27.61x |
| 2026-05-20 | 28.84x |
| 2026-05-19 | 28.54x |
| 2026-05-18 | 28.64x |
| 2026-05-15 | 27.72x |
| 2026-05-14 | 27.24x |
| 2026-05-13 | 27.15x |
| 2026-05-12 | 27.83x |
| 2026-05-11 | 27.81x |
| 2026-05-08 | 29.10x |
| 2026-05-07 | 29.45x |
| 2026-05-06 | 29.28x |
| 2026-05-05 | 29.99x |
| 2026-05-04 | 29.81x |
| 2026-05-01 | 30.06x |
| 2026-04-30 | 27.19x |
| 2026-04-29 | 27.61x |
| 2026-04-28 | 27.66x |
| 2026-04-27 | 28.02x |
| 2026-04-24 | 28.14x |
| 2026-04-23 | 27.23x |
| 2026-04-22 | 28.63x |
| 2026-04-21 | 29.36x |
| 2026-04-20 | 29.56x |
| 2026-04-17 | 29.39x |
| 2026-04-16 | 29.34x |
| 2026-04-15 | 29.27x |
| 2026-04-14 | 27.77x |
| 2026-04-13 | 27.65x |
| 2026-04-10 | 26.36x |
| 2026-04-09 | 27.40x |
| 2026-04-08 | 29.14x |
| 2026-04-07 | 30.23x |
| 2026-04-06 | 30.62x |
| 2026-04-02 | 30.50x |
| 2026-04-01 | 30.27x |
| 2026-03-31 | 30.81x |
| 2026-03-30 | 30.86x |
| 2026-03-27 | 30.24x |
| 2026-03-26 | 31.29x |
| 2026-03-25 | 31.26x |
| 2026-03-24 | 31.44x |
| 2026-03-23 | 32.57x |
| 2026-03-20 | 34.16x |
| 2026-03-19 | 34.46x |
| 2026-03-18 | 34.16x |
| 2026-03-17 | 34.68x |
| 2026-03-16 | 34.40x |
| 2026-03-13 | 33.15x |
| 2026-03-12 | 33.52x |
| 2026-03-11 | 34.76x |
| 2026-03-10 | 35.26x |
| 2026-03-09 | 36.41x |
| 2026-03-06 | 36.40x |
| 2026-03-05 | 36.48x |
| 2026-03-04 | 35.03x |
| 2026-03-03 | 34.52x |
| 2026-03-02 | 33.65x |
| 2026-02-27 | 33.76x |
| 2026-02-26 | 33.93x |
| 2026-02-25 | 32.68x |
| 2026-02-24 | 32.55x |
| 2026-02-23 | 31.84x |
| 2026-02-20 | 33.43x |
| 2026-02-19 | 33.87x |
| 2026-02-18 | 33.61x |
| 2026-02-17 | 32.75x |
| 2026-02-13 | 32.22x |
| 2026-02-12 | 31.80x |
| 2026-02-11 | 32.79x |
| 2026-02-10 | 34.74x |
| 2026-02-09 | 34.27x |
| 2026-02-06 | 34.08x |
| 2026-02-05 | 34.12x |
| 2026-02-04 | 35.46x |
| 2026-02-03 | 35.48x |
| 2026-02-02 | 37.93x |
| 2026-01-30 | 38.05x |
| 2026-01-29 | 39.23x |
| 2026-01-28 | 40.80x |
| 2026-01-27 | 40.77x |
| 2026-01-26 | 42.01x |
| 2026-01-23 | 41.58x |
| 2026-01-22 | 42.22x |
| 2026-01-21 | 41.14x |
| 2026-01-20 | 40.46x |
| 2026-01-16 | 41.62x |
| 2026-01-15 | 40.99x |
| 2026-01-14 | 40.97x |
| 2026-01-13 | 42.85x |
| 2026-01-12 | 43.77x |
| 2026-01-09 | 45.12x |
| 2026-01-08 | 45.33x |
| 2026-01-07 | 44.97x |
| 2026-01-06 | 44.68x |
| 2026-01-05 | 41.45x |
| 2026-01-02 | 41.09x |
| 2025-12-31 | 41.82x |
| 2025-12-30 | 42.10x |
| 2025-12-29 | 42.17x |
| 2025-12-26 | 42.10x |
| 2025-12-24 | 41.81x |
| 2025-12-23 | 42.02x |
| 2025-12-22 | 41.85x |
| 2025-12-19 | 41.55x |
| 2025-12-18 | 40.82x |
| 2025-12-17 | 40.30x |
| 2025-12-16 | 41.05x |
| 2025-12-15 | 41.21x |
| 2025-12-12 | 41.83x |
| 2025-12-11 | 43.05x |
| 2025-12-10 | 42.98x |
| 2025-12-09 | 43.54x |
| 2025-12-08 | 44.92x |
| 2025-12-05 | 45.49x |
| 2025-12-04 | 45.55x |
| 2025-12-03 | 45.36x |
| 2025-12-02 | 45.13x |
| 2025-12-01 | 45.18x |
| 2025-11-28 | 45.16x |
| 2025-11-26 | 45.23x |
| 2025-11-25 | 45.09x |
| 2025-11-24 | 44.27x |
| 2025-11-21 | 48.76x |
| 2025-11-20 | 54.29x |
| 2025-11-19 | 54.82x |
| 2025-11-18 | 54.97x |
| 2025-11-17 | 55.65x |
| 2025-11-14 | 59.08x |
| 2025-11-13 | 58.73x |
| 2025-11-12 | 59.83x |
| 2025-11-11 | 60.28x |
| 2025-11-10 | 59.58x |
| 2025-11-07 | 59.39x |
| 2025-11-06 | 58.63x |
| 2025-11-05 | 59.47x |
| 2025-11-04 | 59.10x |
| 2025-11-03 | 58.94x |
| 2025-10-31 | 58.62x |
| 2025-10-30 | 57.33x |
| 2025-10-29 | 57.68x |
| 2025-10-28 | 58.65x |
| 2025-10-27 | 59.56x |
| 2025-10-24 | 59.00x |
| 2025-10-23 | 58.69x |
| 2025-10-22 | 58.36x |
| 2025-10-21 | 58.34x |
| 2025-10-20 | 57.52x |
| 2025-10-17 | 57.06x |
| 2025-10-16 | 58.94x |
| 2025-10-15 | 57.82x |
| 2025-10-14 | 57.88x |
| 2025-10-13 | 57.55x |
| 2025-10-10 | 57.66x |
| 2025-10-09 | 60.14x |
| 2025-10-08 | 60.84x |
| 2025-10-07 | 61.77x |
| 2025-10-06 | 60.41x |
| 2025-10-03 | 59.69x |
| 2025-10-02 | 60.63x |
| 2025-10-01 | 59.05x |
| 2025-09-30 | 60.03x |
| 2025-09-29 | 59.00x |
| 2025-09-26 | 58.43x |
| 2025-09-25 | 56.27x |
| 2025-09-24 | 55.85x |
| 2025-09-23 | 56.04x |
| 2025-09-22 | 56.51x |
| 2025-09-19 | 55.82x |
| 2025-09-18 | 56.09x |
| 2025-09-17 | 55.15x |
| 2025-09-16 | 55.00x |
| 2025-09-15 | 55.50x |
| 2025-09-12 | 55.53x |
| 2025-09-11 | 56.17x |
| 2025-09-10 | 55.15x |
| 2025-09-09 | 56.84x |
| 2025-09-08 | 56.86x |
| 2025-09-05 | 54.80x |
| 2025-09-04 | 54.20x |
| 2025-09-03 | 54.39x |
| 2025-09-02 | 54.18x |
| 2025-08-29 | 55.66x |
| 2025-08-28 | 56.34x |
| 2025-08-27 | 60.93x |
Showing the most recent 260 of 3,243 data points. The chart above shows the full history.
