Fast-fashion retailer Shein Global Holdings Ltd. is reported to be valued between $22 billion and $25 billion ahead of its initial public offering, according to Bloomberg Intelligence. The valuation range is presented as a new benchmark for investors ahead of one of the year’s major IPOs.
Bloomberg Intelligence estimates the figure based on Shein’s business performance and expected earnings. One reported approach uses projected 2027 earnings as a more normalized reference point, reflecting that earlier results are affected by costs and disruptions, including freight and tariff pressures. The estimate implies a multiple of about 13 to 15 times projected 2027 earnings.
Other outlets reiterate the same Bloomberg Intelligence valuation range, focusing on the headline figure and the timing relative to the IPO. They do not present materially different figures or alternative valuation methodologies in the information provided.
