• Veeva Systems average price/book ratio for 2024 was 6.48, a 12.2% decline from 2023.
• Veeva Systems average price/book ratio for 2023 was 7.38, a 26.35% decline from 2022.
• Veeva Systems average price/book ratio for 2022 was 10.02, a 45.31% decline from 2021.

Price/book ratio can be defined as