Vicinity CentresASX:VCX +1.54%69 Median PS Value is A$2.21 as of Jun. 26, 2026, which is 100% below its 10-year median of 0.89. GuruFocus rates ASX:VCX with a GF Score™ of 69/100 and a GF Value™ of A$1.81 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 413 REITs companies, Vicinity Centres ranks worse than 82.32% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Vicinity Centres's Median PS Value or its related term are showing as below:
ASX:VCX'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.84 Med: 0.89 Max: 1.19
Current: 1.19
During the past 13 years, the highest Price to Median PS Value of Vicinity Centres was 1.19. The lowest was 0.84. And the median was 0.89.
ASX:VCX's Price-to-Median-PS-Value is ranked worse than 82.32% of 413
companies
in the REITs industry
Industry Median: 0.87
vs ASX:VCX: 1.19
Vicinity Centres (ASX:VCX) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Vicinity Centres's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
2.64
/
2.21
=
1.19
* 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.
Vicinity Centres Median PS Value Related Terms
Vicinity Centres Median PS Value Historical Data
* Premium members only.
The historical data trend for Vicinity Centres's Median PS Value 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.
ASX:VCX vs SPG, O, KIM: Median PS Value Comparison
For the REIT - Retail subindustry, Vicinity Centres's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Vicinity Centres Price-to-Median-PS-Value vs REITs Industry
For the REITs industry and Real Estate sector, Vicinity Centres's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Vicinity Centres's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 7.6207.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vicinity Centres's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.29.
* 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.
Vicinity Centres (ASX:VCX) has a Median PS Value of A$2.21 as of Jun. 26, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Vicinity Centres and its competitors. This is 148% above median its historical median of 0.89. Over the past decade, Vicinity Centres' Median PS Value has ranged from 0.84 to 1.19. According to the industry distribution chart, Vicinity Centres ranks #340 out of 413 companies in the REITs industry, placing it in the top 82.3%.
Is Vicinity Centres' Median PS Value too high?
Vicinity Centres' current Median PS Value of A$2.21 is 148% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 1.19. Based on the distribution chart, Vicinity Centres ranks #340 out of 413 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Vicinity Centres has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vicinity Centres' Median PS Value compare to SPG and O?
According to the REITs industry distribution chart, Vicinity Centres ranks #340 out of 413 companies for Median PS Value. This places Vicinity Centres in the lower half of its industry. The industry median Median PS Value is 0.87. Historically, Vicinity Centres' own Median PS Value has ranged from 0.84 to 1.19 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a REITs company?
The median Median PS Value among REITs companies is 0.87, based on 413 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Vicinity Centres and its competitors. For the REITs industry, the median Median PS Value is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicinity Centres's current Median PS Value is A$2.21, which is 148% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicinity Centres stock overvalued right now?
Based on GuruFocus' analysis, Vicinity Centres (ASX:VCX) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.81, compared to a current price of A$2.64 — trading 45.9% above its estimated fair value. The current Median PS Value is A$2.21, which is 148% above median its 10-year median of 0.89. Vicinity Centres' overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Vicinity Centres (ASX:VCX), the current Median PS Value is A$2.21 as of Jun. 26, 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 Vicinity Centres (ASX:VCX) Overvalued in 2026?
Based on GuruFocus' analysis, Vicinity Centres stock appears to be overvalued.
The current stock price of A$2.64 is trading 45.9% above its estimated GF Value™ of A$1.81.
GuruFocus considers Vicinity Centres to be Significantly Overvalued.
Key valuation signals for ASX:VCX:
Median PS Value: A$2.21 (148% above median its 10-year median of 0.89)
GF Value™: A$1.81 vs. price of A$2.64 (45.9% above fair value)
No single metric tells the full story. See the ASX:VCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vicinity Centres operates about 50 shopping malls in Australia. They include several iconic city centers, like Queen Victoria Building, The Strand Arcade and The Galeries in Sydney, which are frequented by tourists and office workers nearby. Melbourne's Chadstone, Vicinity's crown jewel, is Australia's largest and highest turnover shopping mall. Smaller regional and neighborhood centers, to which Vicinity is consciously trimming exposure, account for around 15% of the portfolio. Vast majority of Vicinity's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
69GF Score
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