Vipshop HoldingsMEX:VIPS N 69 ROE % is 21.71% as of Mar. 2026, which is 9% above its 10-year median of 19.84. GuruFocus rates MEX:VIPS N with a GF Score™ of 69/100 and a GF Value™ of MXN302.85 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,090 Retail - Cyclical companies, Vipshop Holdings ranks better than 80.28% on this metric.
The historical rank and industry rank for Vipshop Holdings's ROE % or its related term are showing as below:
MEX:VIPS N'
s ROE % Range Over the Past 10 Years
Min: 13.23 Med: 19.84 Max: 42.75
Current: 18.69
During the past 13 years, Vipshop Holdings's highest ROE % was 42.75%. The lowest was 13.23%. And the median was 19.84%.
MEX:VIPS N's ROE % is ranked better than 80.28% of 1090
companies
in the Retail - Cyclical industry
Industry Median: 6.505
vs MEX:VIPS N: 18.69
Vipshop Holdings (MEX:VIPS N) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Vipshop Holdings ROE % Related Terms
Vipshop Holdings ROE % Historical Data
* Premium members only.
The historical data trend for Vipshop Holdings's ROE % 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Vipshop Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where Vipshop Holdings's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Vipshop Holdings (MEX:VIPS N) has a ROE % of 21.71% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Vipshop Holdings and its competitors. This is near median its historical median of 19.84. Over the past decade, Vipshop Holdings' ROE % has ranged from 13.23 to 42.75. According to the industry distribution chart, Vipshop Holdings ranks #215 out of 1090 companies in the Retail - Cyclical industry, placing it in the top 19.7%.
Is Vipshop Holdings' ROE % too high?
Vipshop Holdings' current ROE % of 21.71% is near median its 10-year median of 19.84. Over the past 10 years, this metric has ranged from a low of 13.23 to a high of 42.75. The Retail - Cyclical industry median ROE % is 6.51. Vipshop Holdings' value of 21.71% is 233.7% above this industry median. Based on the distribution chart, Vipshop Holdings ranks #215 out of 1090 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 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vipshop Holdings' ROE % compare to GLBE and ETSY?
According to the Retail - Cyclical industry distribution chart, Vipshop Holdings ranks #215 out of 1090 companies for ROE %. This places Vipshop Holdings in the top 20% of its industry — outperforming the majority of peers. The industry median ROE % is 6.51. Vipshop Holdings' value of 21.71% is 233.7% above this benchmark. Historically, Vipshop Holdings' own ROE % has ranged from 13.23 to 42.75 over the past decade. While the company's 10-year median is 19.84 vs. the industry median of 6.51, 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 ROE % for a Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.51, based on 1,090 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vipshop Holdings's current ROE % of 21.71% is 233.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Vipshop Holdings and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vipshop Holdings's current ROE % is 21.71%, which is near median its own 10-year median of 19.84. 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 (MEX:VIPS N) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN302.85, compared to a current price of MXN235.00 — trading 22.4% below its estimated fair value. The current ROE % is 21.71%, which is near median its 10-year median of 19.84 and 233.7% above the Retail - Cyclical industry median of 6.51. Vipshop Holdings' overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Vipshop Holdings (MEX:VIPS N), the current ROE % is 21.71% 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 (MEX:VIPS N) Overvalued in 2026?
Based on GuruFocus' analysis, Vipshop Holdings stock appears to be undervalued.
The current stock price of MXN235.00 is trading 22.4% below its estimated GF Value™ of MXN302.85.
GuruFocus considers Vipshop Holdings to be Modestly Undervalued.
Key valuation signals for MEX:VIPS N:
ROE %: 21.71% (near median its 10-year median of 19.84)
GF Value™: MXN302.85 vs. price of MXN235.00 (22.4% below fair value)
Industry Position: 233.7% above the Retail - Cyclical median (#215 of 1090)
No single metric tells the full story. See the MEX:VIPS N 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.
69GF Score
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