Victoria's SecretVSXY +4.67%64 PB Ratio is 8.74 as of Jun. 26, 2026, which is 47% above its 10-year median of 5.94. GuruFocus rates VSXY with a GF Score™ of 64/100 and a GF Value™ of $24.74 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,077 Retail - Cyclical companies, Victoria's Secret ranks worse than 91.64% on this metric.
Victoria's Secret & Co stock PB Ratio (=8.35) is close to 2-year high of 8.92.
The historical rank and industry rank for Victoria's Secret's PB Ratio or its related term are showing as below:
VSXY'
s PB Ratio Range Over the Past 10 Years
Min: 1.98 Med: 5.94 Max: 20.4
Current: 8.73
During the past 8 years, Victoria's Secret's highest PB Ratio was 20.40. The lowest was 1.98. And the median was 5.94.
VSXY's PB Ratio is ranked worse than 91.64% of 1077
companies
in the Retail - Cyclical industry
Industry Median: 1.44
vs VSXY: 8.73
During the past 12 months, Victoria's Secret's average Book Value Per Share Growth Rate was 23.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 30.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.60% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Victoria's Secret was 38.90% per year. The lowest was -30.60% per year. And the median was 6.25% per year.
Back to Basics: PB Ratio
Victoria's Secret (NYSE:VSXY) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Victoria's Secret PB Ratio Related Terms
Victoria's Secret PB Ratio Historical Data
* Premium members only.
The historical data trend for Victoria's Secret's PB Ratio 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 Apparel Retail subindustry, Victoria's Secret's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Victoria's Secret PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Victoria's Secret's PB Ratio distribution charts can be found below:
* The bar in red indicates where Victoria's Secret's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Victoria's Secret (VSXY) has a PB Ratio of 8.74 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Victoria's Secret and its competitors. This is 47% above median its historical median of 5.94. Over the past decade, Victoria's Secret's PB Ratio has ranged from 1.98 to 20.40. According to the industry distribution chart, Victoria's Secret ranks #987 out of 1077 companies in the Retail - Cyclical industry, placing it in the top 91.6%.
Is Victoria's Secret's PB Ratio too high?
Victoria's Secret's current PB Ratio of 8.74 is 47% above median its 10-year median of 5.94. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 20.40. The Retail - Cyclical industry median PB Ratio is 1.44. Victoria's Secret's value of 8.74 is 506.9% above this industry median. Based on the distribution chart, Victoria's Secret ranks #987 out of 1077 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Victoria's Secret has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Victoria's Secret's PB Ratio compare to BOOT and ANF?
According to the Retail - Cyclical industry distribution chart, Victoria's Secret ranks #987 out of 1077 companies for PB Ratio. This places Victoria's Secret in the lower half of its industry. The industry median PB Ratio is 1.44. Victoria's Secret's value of 8.74 is 506.9% above this benchmark. Historically, Victoria's Secret's own PB Ratio has ranged from 1.98 to 20.40 over the past decade. While the company's 10-year median is 5.94 vs. the industry median of 1.44, Victoria's Secret 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 PB Ratio for a Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.44, based on 1,077 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Victoria's Secret's current PB Ratio of 8.74 is 506.9% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Victoria's Secret and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victoria's Secret's current PB Ratio is 8.74, which is 47% above median its own 10-year median of 5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victoria's Secret stock overvalued right now?
Based on GuruFocus' analysis, Victoria's Secret (VSXY) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.74, compared to a current price of $86.88 — trading 251.2% above its estimated fair value. The current PB Ratio is 8.74, which is 47% above median its 10-year median of 5.94 and 506.9% above the Retail - Cyclical industry median of 1.44. Victoria's Secret's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Victoria's Secret (VSXY), the current PB Ratio is 8.74 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 Victoria's Secret (VSXY) Overvalued in 2026?
Based on GuruFocus' analysis, Victoria's Secret stock appears to be overvalued.
The current stock price of $86.88 is trading 251.2% above its estimated GF Value™ of $24.74.
GuruFocus considers Victoria's Secret to be Significantly Overvalued.
Key valuation signals for VSXY:
PB Ratio: 8.74 (47% above median its 10-year median of 5.94)
GF Value™: $24.74 vs. price of $86.88 (251.2% above fair value)
Industry Position: 506.9% above the Retail - Cyclical median (#987 of 1077)
No single metric tells the full story. See the VSXY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Victoria's Secret & Co is a retailer of women's intimate and other apparel and beauty products marketed under the Victoria's Secret, PINK, and Adore Me brand names. It also includes the merchandise sourcing and production function serving the Company and its international partners. The Company operates as a single segment designed to serve customers seamlessly through stores and online channels. The Company also includes the merchandise sourcing and production function serving the Company and its international partners.
64GF Score
Get the complete analysis for VSXY
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