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Vipshop HoldingsBSP:V1IP34 74 Earnings Yield (Joel Greenblatt) % is 28.09% as of Mar. 2026, which is 97% above its 10-year median of 14.25. GuruFocus rates BSP:V1IP34 with a GF Score™ of 74/100 and a GF Value™ of R$45.77 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,131 Retail - Cyclical companies, Vipshop Holdings ranks better than 96.46% on this metric.
Vipshop Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was R$-11,091 Mil.
Vipshop Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R$7,096 Mil. Vipshop Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 28.09%.
The historical rank and industry rank for Vipshop Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BSP:V1IP34'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.46 Med: 14.25 Max: 51.89
Current: 33.22
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Vipshop Holdings was 51.89%. The lowest was 3.46%. And the median was 14.25%.
BSP:V1IP34's Earnings Yield (Joel Greenblatt) % is ranked better than 96.46% of 1131
companies
in the Retail - Cyclical industry
Industry Median: 5.58
vs BSP:V1IP34: 33.22
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Vipshop Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Vipshop Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Vipshop Holdings Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Vipshop Holdings's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Internet Retail subindustry, Vipshop Holdings's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Vipshop Holdings Earnings Yield (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Vipshop Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Vipshop Holdings's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Vipshop Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Vipshop Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$7,096 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 28.09% mean?
Vipshop Holdings (BSP:V1IP34) has a Earnings Yield (Joel Greenblatt) % of 28.09% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Vipshop Holdings and its competitors. This is 97% above median its historical median of 14.25. Over the past decade, Vipshop Holdings' Earnings Yield (Joel Greenblatt) % has ranged from 3.46 to 51.89. According to the industry distribution chart, Vipshop Holdings ranks #40 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 3.5%.
Is Vipshop Holdings' Earnings Yield (Joel Greenblatt) % too high?
Vipshop Holdings' current Earnings Yield (Joel Greenblatt) % of 28.09% is 97% above median its 10-year median of 14.25. Over the past 10 years, this metric has ranged from a low of 3.46 to a high of 51.89. The Retail - Cyclical industry median Earnings Yield (Joel Greenblatt) % is 5.58. Vipshop Holdings' value of 28.09% is 403.4% above this industry median. Based on the distribution chart, Vipshop Holdings ranks #40 out of 1131 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Vipshop Holdings has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vipshop Holdings' Earnings Yield (Joel Greenblatt) % compare to GLBE and ETSY?
According to the Retail - Cyclical industry distribution chart, Vipshop Holdings ranks #40 out of 1131 companies for Earnings Yield (Joel Greenblatt) %. This places Vipshop Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.58. Vipshop Holdings' value of 28.09% is 403.4% above this benchmark. Historically, Vipshop Holdings' own Earnings Yield (Joel Greenblatt) % has ranged from 3.46 to 51.89 over the past decade. While the company's 10-year median is 14.25 vs. the industry median of 5.58, Vipshop Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Retail - Cyclical company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Cyclical companies is 5.58, based on 1,131 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vipshop Holdings's current Earnings Yield (Joel Greenblatt) % of 28.09% is 403.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Vipshop Holdings and its competitors. For the Retail - Cyclical industry, the median Earnings Yield (Joel Greenblatt) % is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vipshop Holdings's current Earnings Yield (Joel Greenblatt) % is 28.09%, which is 97% above median its own 10-year median of 14.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vipshop Holdings stock overvalued right now?
Based on GuruFocus' analysis, Vipshop Holdings (BSP:V1IP34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$45.77, compared to a current price of R$37.00 — trading 19.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 28.09%, which is 97% above median its 10-year median of 14.25 and 403.4% above the Retail - Cyclical industry median of 5.58. Vipshop Holdings' overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Vipshop Holdings (BSP:V1IP34), the current Earnings Yield (Joel Greenblatt) % is 28.09% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Vipshop Holdings (BSP:V1IP34) Overvalued in 2026?
Based on GuruFocus' analysis, Vipshop Holdings stock appears to be undervalued.
The current stock price of R$37.00 is trading 19.2% below its estimated GF Value™ of R$45.77.
GuruFocus considers Vipshop Holdings to be Modestly Undervalued.
Key valuation signals for BSP:V1IP34:
Earnings Yield (Joel Greenblatt) %: 28.09% (97% above median its 10-year median of 14.25)
GF Value™: R$45.77 vs. price of R$37.00 (19.2% below fair value)
Industry Position: 403.4% above the Retail - Cyclical median (#40 of 1131)
No single metric tells the full story. See the BSP:V1IP34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vipshop is a leading Chinese online discount retailer offering branded products at attractive discounts of 10%-90% off their original price through daily flash sales. It operates warehousing, retailing, product procurement, software development, and information technology support in-house while outsourcing to third-party logistics providers for distribution and shipments. Branded products on Vipshop's platform are sourced mostly through a consignment model with global brand partners. As of March 31, 2025, Eric Ya Shen, chair and CEO, had 64.5% voting rights. Leading Chinese social media firm and strategic shareholder Tencent also holds a 12.5% interest.
74GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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