Stocktoria
Vipshop Holdings Ltd VIPS
NYSE · stock · Retail-Catalog & Mail-Order Houses · website · IPO 2012-03-23
Vipshop Holdings Ltd statistics & valuation
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
Vipshop Holdings Ltd trades at about 1.4× earnings — below its 10-year norm (10-year range 1.5×–6.7×, median 3×).
1.4×
6.7×
Shaded band = 10-year range (1.5×–6.7×); dot = today's 1.4×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 23.1% | 3.2% | 3.2% | 21.0% | 19.7% | 20.9% | 22.2% | 20.2% | 3.4% | 3.5% |
| Operating margin | 7.7% | 1.2% | 1.1% | 6.0% | 4.8% | 5.8% | 5.1% | 2.9% | 0.6% | 0.7% |
| Net margin | 6.8% | 7.1% | 7.2% | — | — | — | — | — | — | — |
| FCF margin | 5.2% | 0.8% | 1.5% | 7.8% | 3.4% | 9.4% | 9.7% | 3.8% | -0.3% | 4.5% |
| Return on assets | 9.2% | 75.4% | 79.7% | — | — | — | — | — | — | — |
| Return on equity | 16.3% | 136.0% | 149.4% | — | — | — | — | — | — | — |
| Debt / equity | — | — | — | — | — | — | 0.00× | — | — | — |
| Current ratio | 1.28 | 1.26 | 1.23 | 1.18 | 1.27 | 1.17 | 0.96 | 1.05 | 1.35 | 1.00 |
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.