Latest Ratios: P/E Ratio -0.0x · EV/EBITDA 5.9x · ROE N/A. (2005–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4M | $201M | — | — | — | — | — | — | — | — | — |
| Enterprise Value | $4.5B | $4.7B | — | — | — | — | — | — | — | — | — |
| P/E Ratio → | -0.00 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.00 | 0.02 | — | — | — | — | — | — | — | — | — |
| P/B Ratio | — | — | — | — | — | — | — | — | — | — | — |
| P/FCF | 0.16 | 8.05 | — | — | — | — | — | — | — | — | — |
| P/OCF | 0.01 | 0.73 | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.51 | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | 5.93 | 6.19 | — | — | — | — | — | — | — | — | — |
| EV / EBIT | 12.54 | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 186.97 | — | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.3% | 34.3% | 35.0% | 33.8% | 30.5% | 34.3% | 34.5% | 33.9% | 34.5% | 34.7% | 35.1% |
| Operating Margin | 3.9% | 3.9% | -8.1% | 5.4% | -16.9% | 7.7% | 11.1% | 1.4% | 9.4% | 10.0% | 9.1% |
| Net Profit Margin | -26.4% | -26.4% | -12.9% | -1.3% | -21.4% | 2.4% | 8.4% | -3.4% | 6.5% | 23.5% | 11.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | -28.6% | -147.8% | 10.1% | 27.5% | -8.5% | 11.6% | 32.5% | 24.1% |
| ROA | -28.9% | -28.9% | -12.5% | -1.2% | -18.0% | 2.0% | 7.0% | -2.6% | 4.4% | 12.7% | 8.4% |
| ROIC | 10.2% | 10.2% | -13.3% | 7.7% | -19.4% | 8.3% | 10.9% | 1.1% | 6.6% | 5.4% | 6.5% |
| ROCE | 9.5% | 9.5% | -10.6% | 6.5% | -19.0% | 9.0% | 12.3% | 1.4% | 7.7% | 6.3% | 7.6% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 12.18 | 13.09 | 2.44 | 1.86 | 1.49 | 1.28 | 0.85 | 1.29 |
| Debt / EBITDA | 8.54 | 8.54 | — | 5.97 | — | 4.49 | 3.25 | 9.38 | 3.76 | 4.84 | 3.46 |
| Net Debt / Equity | — | — | — | 9.89 | 10.66 | 2.25 | 1.64 | 1.36 | 1.17 | 0.76 | 1.22 |
| Net Debt / EBITDA | 5.92 | 5.92 | — | 4.85 | — | 4.13 | 2.87 | 8.53 | 3.43 | 4.32 | 3.28 |
| Debt / FCF | — | 178.92 | 16.13 | 8.39 | — | 8.44 | 2.86 | 8.17 | 7.83 | 6.19 | 4.99 |
| Interest Coverage | -4.21 | -4.21 | 1.47 | 1.16 | 1.30 | 3.10 | 3.85 | 3.61 | 3.32 | 3.96 | 4.01 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.63 | 0.63 | 1.21 | 1.41 | 1.38 | 1.05 | 0.97 | 1.14 | 1.06 | 1.21 | 1.50 |
| Quick Ratio | 0.49 | 0.49 | 0.82 | 1.01 | 0.95 | 0.67 | 0.69 | 0.79 | 0.69 | 0.80 | 0.95 |
| Cash Ratio | 0.30 | 0.30 | 0.33 | 0.43 | 0.41 | 0.14 | 0.17 | 0.17 | 0.17 | 0.26 | 0.19 |
| Asset Turnover | — | 1.21 | 1.09 | 0.96 | 0.96 | 0.87 | 0.83 | 0.78 | 0.79 | 0.43 | 0.74 |
| Inventory Turnover | 6.24 | 6.24 | 6.15 | 6.93 | 6.25 | 5.69 | 7.14 | 6.30 | 6.25 | 4.81 | 7.14 |
| Days Sales Outstanding | — | 41.13 | 41.57 | 43.74 | 43.54 | 52.06 | 51.11 | 55.76 | 47.60 | 60.55 | 43.54 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 24.4% | 0.5% | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | 147.9% | 104.6% | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | 100.0% | 12.4% | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 24.4% | 0.5% | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $8M | $396M | $388M | $383M | $415M | $421M | $424M | $465M | $448M | $458M |
Linear media audience erosion
According to recent market data, QVCGB trades at an EV/EBITDA multiple of 5.93, a valuation level that suggests investors are pricing the entity as a terminal-value asset rather than a growth-oriented retail platform, given the significant uncertainty surrounding its long-term digital transition and audience retention.
The compressed valuation multiples relative to broader retail peers indicate that the market is heavily discounting the company's future cash flows due to the secular decline in linear television. This pricing suggests that the market views the current dividend yield of 24.4% not as a sign of strength, but as a potential indicator of capital structure distress.
Based on reported financial statements, the company's ROIC has exhibited extreme volatility, swinging from a negative 60.9% in 2025Q2 to a modest 3.6% in 2025Q4, which highlights the difficulty in generating sustainable returns on invested capital amidst a shrinking revenue base and high fixed-cost obligations.
The erratic nature of these returns suggests that the company's core business model is struggling to maintain its competitive moat as the cost of customer acquisition rises. Investors should monitor whether management can stabilize these returns, as the current trend appears to reflect a decay in the underlying efficiency of the retail ecosystem.
As reported in quarterly filings, the cash conversion cycle has fluctuated significantly, reaching 53 days in 2025Q4, which reveals the company's ongoing struggle to balance inventory levels with the shifting purchasing patterns of its core demographic in an increasingly digital-first retail environment.
The variability in the cash conversion cycle suggests that the company is frequently forced to adjust its inventory procurement to match declining demand, which may lead to margin-eroding markdowns. This lack of operational consistency in working capital management warrants further investigation into the effectiveness of current inventory control systems.
According to recent SEC filings, the current ratio has dropped to 0.63 as of 2025Q4, a significant decline from previous periods that indicates a tightening liquidity position and potential challenges in meeting short-term obligations without relying on external financing or further asset divestitures.
The sharp contraction in the current ratio suggests that the company's liquidity cushion is becoming increasingly thin, leaving little room for operational errors or unexpected market shocks. This trend appears to be a direct consequence of the company's high debt service requirements and the ongoing pressure on its primary revenue streams.
Based on an analysis of the business model, the P/E ratio is the most commonly misapplied metric for QVCGB, as it fails to account for the significant non-cash impairment charges that distort earnings and obscure the company's actual cash-generating capability in a period of structural transition.
Investors should instead focus on free cash flow yield and EBITDA-based metrics, which provide a clearer picture of the company's ability to service its debt and fund operations. Relying on P/E in this context may lead to a fundamental misunderstanding of the company's true financial health and its capacity to navigate the current retail landscape.
Includes 30+ ratios · 21 years · Updated daily
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Quick answers to the most common questions about buying QVCGB stock.
QVC Group Inc.'s current P/E ratio is -0.0x. This places it at the 50th percentile of its historical range.
QVC Group Inc.'s current EV/EBITDA is 5.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.2x.
Based on historical data, QVC Group Inc. is trading at a P/E of -0.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
QVC Group Inc.'s current dividend yield is 24.35%.
QVC Group Inc. has 34.3% gross margin and 3.9% operating margin.
QVC Group Inc.'s Debt/EBITDA ratio is 8.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.