Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 31.22.
Forward PE Ratio (31.22) = Close Price ($247.90) / Consensus Forward EPS ($7.94)
FORWARD PE RATIO
31.22
SECTOR MEDIAN · TECHNOLOGY
27.14
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+15.03%
vs the sector median at left
Veeva Systems Inc.
Market Cap
$40.27B
Forward PE Ratio
31.22
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Veeva Systems Inc. (VEEV) | $40.27B | 31.22 |
| Strategy Inc (MSTR)vs › | $39.45B | N/A |
| Microchip Technology Incorporated (MCHP)vs › | $41.31B | 48.52 |
| Roper Technologies, Inc. (ROP)vs › | $41.56B | 18.53 |
| NetApp, Inc. (NTAP)vs › | $37.73B | 24.09 |
| Credo Technology Group Holding Ltd (CRDO)vs › | $43.00B | 69.76 |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $44.80B | 61.31 |
| STMicroelectronics N.V. (STM)vs › | $45.13B | 37.11 |
| Atlassian Corporation (TEAM)vs › | $45.13B | 31.21 |
| United Microelectronics Corporation (UMC)vs › | $45.75B | N/A |
Trailing P/E
44.2
reported TTM EPS
Forward P/E
31.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $7.94 implies +41.5% EPS growth vs the reported trailing $5.61.
At today's $247.90 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2027-01-31 | $9.06 | $9.01 – $9.08 | 16 | 27.4x |
| 2028-01-31 | $10.03 | $9.38 – $10.40 | 17 | 24.7x |
| 2029-01-31 | $11.33 | $9.98 – $12.23 | 7 | 21.9x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
