QVC Group (WBO:QVC) Sloan Ratio %: -33.02% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WBO:QVC QVC Group Inc WBO:QVC
44 GF Score
Price €0.32
GF Value €152.45
! 6 Warning Signs
View Full Analysis

What is QVC Group Sloan Ratio %?

QVC Group WBO:QVC 44 Sloan Ratio % is -33.02% as of Mar. 2026. GuruFocus rates WBO:QVC with a GF Score™ of 44/100 and a GF Value™ of €152.45. The stock has 6 warning signs investors should review.

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

QVC Group's Sloan Ratio for the quarter that ended in Mar. 2026 was -33.02%.

Warning Sign:

When sloan ratio (-32.29)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Mar. 2026, QVC Group has a Sloan Ratio of -33.02%, indicating earnings are more likely to be made up of accruals.


QVC Group  (WBO:QVC) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Mar. 2026, QVC Group has a Sloan Ratio of -33.02%, indicating earnings are more likely to be made up of accruals.


QVC Group Sloan Ratio % Related Terms


QVC Group Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for QVC Group's Sloan 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.

QVC Group Sloan Ratio % Chart

QVC Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.37 -26.96 -8.88 -17.20 -32.29

QVC Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.85 -55.78 -51.04 -32.69 -33.02

WBO:QVC vs IPW, MI, OCG: Sloan Ratio % Comparison

For the Internet Retail subindustry, QVC Group's Sloan Ratio %, along with its competitors' market caps and Sloan 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.


QVC Group Sloan Ratio % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, QVC Group's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where QVC Group's Sloan Ratio % falls into.


WBO:QVC
44GF Score
QVC Group Inc WBO:QVC
Sloan Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

QVC Group Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

QVC Group's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2025 )-Cash Flow from Operations (A: Dec. 2025 )
-Cash Flow from Investing (A: Dec. 2025 ))/Total Assets (A: Dec. 2025 )
=(-2082.906-233.996
--209.23)/6527.122
=-32.29%

QVC Group's Sloan Ratio for the quarter that ended in Mar. 2026 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2026 )
=(-2066.887-122.861
--168.788)/6119.875
=-33.02%

QVC Group's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -1926.474 (Jun. 2025 ) + -68.16 (Sep. 2025 ) + -31.598 (Dec. 2025 ) + -40.655 (Mar. 2026 ) = €-2,067 Mil.
QVC Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 74.562 (Jun. 2025 ) + 3.408 (Sep. 2025 ) + 208.376 (Dec. 2025 ) + -163.485 (Mar. 2026 ) = €123 Mil.
QVC Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -77.163 (Jun. 2025 ) + -30.672 (Sep. 2025 ) + -35.868 (Dec. 2025 ) + -25.085 (Mar. 2026 ) = €-169 Mil.

* 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of -33.02% mean?
QVC Group (WBO:QVC) has a Sloan Ratio % of -33.02% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on QVC Group and its competitors.
Is QVC Group's Sloan Ratio % too high?
QVC Group's current Sloan Ratio % is -33.02%. Overall, QVC Group has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does QVC Group's Sloan Ratio % compare to IPW and MI?
QVC Group's Sloan Ratio % of -33.02% can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Retail - Cyclical company?
A good Sloan Ratio % depends on the Retail - Cyclical industry context. However, Sloan Ratio % 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 Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on QVC Group and its competitors. QVC Group's current Sloan Ratio % is -33.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QVC Group stock overvalued right now?
QVC Group (WBO:QVC) has a current Sloan Ratio % of -33.02%. The stock's GF Value™ is €152.45, compared to a current price of €0.32 — trading 99.8% below its estimated fair value. The current Sloan Ratio % is -33.02%. QVC Group's overall GF Score™ is 44/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For QVC Group (WBO:QVC), the current Sloan Ratio % is -33.02% 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 QVC Group (WBO:QVC) Overvalued in 2026?

Based on GuruFocus' analysis, QVC Group stock appears to be undervalued. The current stock price of €0.32 is trading 99.8% below its estimated GF Value™ of €152.45.

Key valuation signals for WBO:QVC:

  • Sloan Ratio %: -33.02%
  • GF Value™: €152.45 vs. price of €0.32 (99.8% below fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the WBO:QVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


QVC Group Business Description

Address 1200 Wilson Drive, West Chester, PA, USA, 19380
QVC Group Inc is a live social shopping company. The company has six retail brands QVC, HSN, Ballard Designs, Frontgate, Garnet Hill, Grandin Road, and others. QVC offers assortment of quality merchandise and classifies its products into six groups: home, apparel, beauty, accessories, electronics and jewelry. The company has three reportable segments: QxH, QVC International, and CBI. Majority of revenue is from Home products from QxH segment. The company also operates in Japan, Germany and Other foreign countries.
44GF Score

Get the complete analysis for WBO:QVC

Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.32
Price
€152.45
GF Value