GH vs. VEEV: Guardant Health vs. Veeva Systems Stock Comparison

November 11, 2026

How do Guardant Health (GH) and Veeva Systems (VEEV) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Guardant Health (GH) and Veeva Systems (VEEV) both fall under the Health Care Equipment & Services industry group, but GH is classified in Health Care Providers & Services while VEEV is classified in Health Care Technology.

Company profile comparison for Guardant Health (GH) and Veeva Systems (VEEV)
Profile Item	GH	VEEV
Name	Guardant Health, Inc.	Veeva Systems Inc.
Country/Region	United States	United States
GICS Sector	Health Care	Health Care
GICS Industry Group	Health Care Equipment & Services	Health Care Equipment & Services
GICS Industry	Health Care Providers & Services	Health Care Technology
GICS Sub-Industry	Health Care Services	Health Care Technology
Market Capitalization	20.41 billion USD	49.18 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	October 4, 2018	October 16, 2013
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

VEEV

GSPC

Guardant Health (GH) vs. Veeva Systems (VEEV), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Guardant Health (GH) and Veeva Systems (VEEV). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Guardant Health (GH) and Veeva Systems (VEEV). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Guardant Health (GH) and Veeva Systems (VEEV)
Metric	GH	VEEV
Total Return (1Y)	66.53%	3.92%
Total Return (3Y, Annualized)	92.76%	22.52%
Total Return (5Y, Annualized)	8.36%	-0.87%

Risk Profile

Drawdown History

VEEV

GSPC

Guardant Health (GH) vs. Veeva Systems (VEEV), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Guardant Health (GH) and Veeva Systems (VEEV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Guardant Health (GH) and Veeva Systems (VEEV)
Metric	GH	VEEV
Volatility (1Y, Annualized)	53.23%	43.36%
Beta (5Y)	1.69	0.88
Max Drawdown (5Y)	-85.09%	-52.79%
Avg. Volume (3M)	1.97M	1.64M

Risk-Adjusted Performance

Risk-Return Positioning

GH and VEEV are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Guardant Health (GH) and Veeva Systems (VEEV)
Metric	GH	VEEV
Sharpe Ratio (1Y)	1.17	-0.01
Sortino Ratio (1Y)	1.84	-0.01

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Veeva Systems (VEEV) earns 14.43% on shareholders’ equity, ranked against its industry; Guardant Health (GH) has no ROE this period.

GH

Health Care Equipment & Services industry group

Max: 47.61%
Q3: 14.36%
Median: 5.45%
Q1: -10.67%
Min: -47.01%
GH: --

VEEV

Health Care Equipment & Services industry group

14.43%

Max: 47.61%
VEEV: 14.43%
Q3: 14.36%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

Guardant Health (GH) vs. Veeva Systems (VEEV): GH does not report ROE, so it has no value marker; VEEV is benchmarked against the Health Care Equipment & Services industry group.

Net Margin (TTM)

Guardant Health (GH) reports a negative net margin of -37.93%, usually indicating a net loss over the period. Meanwhile Veeva Systems (VEEV) reports 29.35%, ranking against industry peers normally.

GH

Health Care Equipment & Services industry group

-37.93%

Max: 29.35%
Q3: 9.33%
Median: 2.18%
Q1: -6.29%
Min: -28.46%
GH: -37.93%

VEEV

Health Care Equipment & Services industry group

29.35%

VEEV: 29.35%
Max: 29.35%
Q3: 9.33%
Median: 2.18%
Q1: -6.29%
Min: -28.46%

Guardant Health (GH) vs. Veeva Systems (VEEV): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Guardant Health (GH) reports a negative operating margin of -37.06%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Veeva Systems (VEEV) reports 29.64%, ranking against industry peers normally.

GH

Health Care Equipment & Services industry group

-37.06%

Max: 35.43%
Q3: 14.14%
Median: 6.81%
Q1: -0.28%
Min: -16.29%
GH: -37.06%

VEEV

Health Care Equipment & Services industry group

29.64%

Max: 35.43%
VEEV: 29.64%
Q3: 14.14%
Median: 6.81%
Q1: -0.28%
Min: -16.29%

Guardant Health (GH) vs. Veeva Systems (VEEV): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Guardant Health (GH) and Veeva Systems (VEEV)
Metric	GH	VEEV
ROE (TTM)	--	14.43%
ROA (TTM)	-19.92%	7.58%
Net Margin (TTM)	-37.93%	29.35%
Operating Margin (TTM)	-37.06%	29.64%
Gross Margin (TTM)	65.19%	74.96%

Growth

Revenue Growth

Guardant Health (GH) at 32.88% sits in the top revenue growth quartile, while Veeva Systems (VEEV) at 16.34% is closer to the peer norm — faster top-line expansion for GH.

Guardant Health (GH) vs. Veeva Systems (VEEV): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Veeva Systems (VEEV) reports EPS growth of 25.93%, ranked against its industry; Guardant Health (GH) has no EPS growth figure this period.

Guardant Health (GH) vs. Veeva Systems (VEEV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Guardant Health (GH) and Veeva Systems (VEEV)
Metric	GH	VEEV
Revenue Growth (YoY)	32.88%	16.34%
Revenue Growth (3Y CAGR)	29.75%	14.03%
EPS Growth (YoY)	--	25.93%
EPS Growth (3Y CAGR)	--	21.94%

Financial Strength

Current Ratio (MRQ)

Guardant Health (GH) at 3.60 keeps current ratio within its industry’s typical mid-range, while Veeva Systems (VEEV) at 5.46 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

GH

Health Care Equipment & Services industry group

3.60

Max: 7.59
Q3: 4.00
GH: 3.60
Median: 1.98
Q1: 1.37
Min: 0.30

VEEV

Health Care Equipment & Services industry group

5.46

Max: 7.59
VEEV: 5.46
Q3: 4.00
Median: 1.98
Q1: 1.37
Min: 0.30

Guardant Health (GH) vs. Veeva Systems (VEEV): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Veeva Systems (VEEV) carries debt-to-equity ratio of 0.02 against its industry range, while Guardant Health (GH) reports no figure this period.

GH

Health Care Equipment & Services industry group

Max: 1.88
Q3: 0.91
Median: 0.58
Q1: 0.16
Min: 0.00
GH: --

VEEV

Health Care Equipment & Services industry group

0.02

Max: 1.88
Q3: 0.91
Median: 0.58
Q1: 0.16
VEEV: 0.02
Min: 0.00

Guardant Health (GH) vs. Veeva Systems (VEEV): GH does not report debt-to-equity ratio, so it has no value marker; VEEV is benchmarked against the Health Care Equipment & Services industry group.

Financial Strength Metrics

Financial strength metrics for Guardant Health (GH) and Veeva Systems (VEEV)
Metric	GH	VEEV
Current Ratio (MRQ)	3.60	5.46
Debt / Equity (MRQ)	--	0.02
Net Debt / EBITDA	--	-6.59

Dividends

Dividend Yield (TTM)

Neither Guardant Health (GH) nor Veeva Systems (VEEV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

GH

Health Care Equipment & Services industry group

0.00%

GH: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

VEEV

Health Care Equipment & Services industry group

0.00%

VEEV: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Guardant Health (GH) vs. Veeva Systems (VEEV): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Guardant Health (GH) nor Veeva Systems (VEEV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

GH

Health Care Equipment & Services industry group

0.00%

GH: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

VEEV

Health Care Equipment & Services industry group

0.00%

VEEV: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Guardant Health (GH) vs. Veeva Systems (VEEV): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Guardant Health (GH) and Veeva Systems (VEEV)
Metric	GH	VEEV
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Veeva Systems (VEEV) trades at 49.79 times trailing earnings, ranked against its peers, while Guardant Health (GH) has no P/E ratio this period.

GH

Health Care Equipment & Services industry group

Max: 80.41
Q3: 47.62
Median: 29.93
Q1: 21.19
Min: 4.21
GH: --

VEEV

Health Care Equipment & Services industry group

49.79

Max: 80.41
VEEV: 49.79
Q3: 47.62
Median: 29.93
Q1: 21.19
Min: 4.21

Guardant Health (GH) vs. Veeva Systems (VEEV): GH does not report P/E ratio, so it has no value marker; VEEV is benchmarked against the Health Care Equipment & Services industry group.

P/S Ratio (TTM)

Investors are paying well above the peer range per dollar of sales for both Guardant Health (GH) at 15.96 and Veeva Systems (VEEV) at 14.22 — each P/S ratio clears its industry’s benchmark range.

GH

Health Care Equipment & Services industry group

15.96

GH: 15.96
Max: 8.80
Q3: 4.32
Median: 2.13
Q1: 1.10
Min: 0.03

VEEV

Health Care Equipment & Services industry group

14.22

VEEV: 14.22
Max: 8.80
Q3: 4.32
Median: 2.13
Q1: 1.10
Min: 0.03

Guardant Health (GH) vs. Veeva Systems (VEEV): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Guardant Health (GH) reports a negative P/B ratio of -73.67, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Veeva Systems (VEEV) reports 6.61, ranking against industry peers normally.

GH

Health Care Equipment & Services industry group

-73.67

Max: 11.68
Q3: 6.12
Median: 3.00
Q1: 1.73
Min: -1.31
GH: -73.67

VEEV

Health Care Equipment & Services industry group

6.61

Max: 11.68
VEEV: 6.61
Q3: 6.12
Median: 3.00
Q1: 1.73
Min: -1.31

Guardant Health (GH) vs. Veeva Systems (VEEV): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Guardant Health (GH) and Veeva Systems (VEEV)
Metric	GH	VEEV
P/E Ratio (TTM)	--	49.79
P/S Ratio (TTM)	15.96	14.22
P/B Ratio (MRQ)	-73.67	6.61
Free Cash Flow Yield (TTM)	-0.30%	2.56%