Vicinity CentresASX:VCX +1.54%69 PS Ratio is 9.10 as of Jun. 27, 2026, which is 19% above its 10-year median of 7.65. 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 917 REITs companies, Vicinity Centres ranks worse than 71.76% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Vicinity Centres's share price is A$2.64.
Vicinity Centres's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.29. Hence, Vicinity Centres's PS Ratio for today is 9.10.
Warning Sign:
Vicinity Centres stock PS Ratio (=8.89) is close to 5-year high of 9.2.
The historical rank and industry rank for Vicinity Centres's PS Ratio or its related term are showing as below:
ASX:VCX'
s PS Ratio Range Over the Past 10 Years
Min: 2.89 Med: 7.65 Max: 10.45
Current: 9.11
During the past 13 years, Vicinity Centres's highest PS Ratio was 10.45. The lowest was 2.89. And the median was 7.65.
ASX:VCX's PS Ratio is ranked worse than 71.76% of 917
companies
in the REITs industry
Industry Median: 6.63
vs ASX:VCX: 9.11
Vicinity Centres revenue growth has slowed down over the past 12 months.
During the past 3 years, the average Revenue per Share Growth Rate was 3.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 0.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -2.10% per year.
During the past 13 years, Vicinity Centres's highest 3-Year average Revenue per Share Growth Rate was 13.80% per year. The lowest was -10.90% per year. And the median was -1.00% per year.
Back to Basics: PS Ratio
Vicinity Centres (ASX:VCX) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Vicinity Centres PS Ratio Related Terms
Vicinity Centres PS Ratio Historical Data
* Premium members only.
The historical data trend for Vicinity Centres's PS 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 REIT - Retail subindustry, Vicinity Centres's PS Ratio, along with its competitors' market caps and PS 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.
Vicinity Centres PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Vicinity Centres's PS Ratio distribution charts can be found below:
* The bar in red indicates where Vicinity Centres's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Vicinity Centres's Share Price of today is A$2.64.
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.
It can also be calculated from the numbers for the whole company:
Vicinity Centres (ASX:VCX) has a PS Ratio of 9.10 as of Jun. 27, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Vicinity Centres and its competitors. This is 19% above median its historical median of 7.65. Over the past decade, Vicinity Centres' PS Ratio has ranged from 2.89 to 10.45. According to the industry distribution chart, Vicinity Centres ranks #658 out of 917 companies in the REITs industry, placing it in the top 71.8%.
Is Vicinity Centres' PS Ratio too high?
Vicinity Centres' current PS Ratio of 9.10 is 19% above median its 10-year median of 7.65. Over the past 10 years, this metric has ranged from a low of 2.89 to a high of 10.45. The REITs industry median PS Ratio is 6.63. Vicinity Centres' value of 9.10 is 37.3% above this industry median. Based on the distribution chart, Vicinity Centres ranks #658 out of 917 companies in the REITs industry, which is below the industry midpoint. 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' PS Ratio compare to SPG and O?
According to the REITs industry distribution chart, Vicinity Centres ranks #658 out of 917 companies for PS Ratio. This places Vicinity Centres in the lower half of its industry. The industry median PS Ratio is 6.63. Vicinity Centres' value of 9.10 is 37.3% above this benchmark. Historically, Vicinity Centres' own PS Ratio has ranged from 2.89 to 10.45 over the past decade. While the company's 10-year median is 7.65 vs. the industry median of 6.63, Vicinity Centres 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 PS Ratio for a REITs company?
The median PS Ratio among REITs companies is 6.63, based on 917 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vicinity Centres's current PS Ratio of 9.10 is 37.3% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Vicinity Centres and its competitors. For the REITs industry, the median PS Ratio is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicinity Centres's current PS Ratio is 9.10, which is 19% above median its own 10-year median of 7.65. 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 PS Ratio is 9.10, which is 19% above median its 10-year median of 7.65 and 37.3% above the REITs industry median of 6.63. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Vicinity Centres (ASX:VCX), the current PS Ratio is 9.10 as of Jun. 27, 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:
PS Ratio: 9.10 (19% above median its 10-year median of 7.65)
GF Value™: A$1.81 vs. price of A$2.64 (45.9% above fair value)
Industry Position: 37.3% above the REITs median (#658 of 917)
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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