<ul>
<li>如果你在考虑 Bath &amp; Body Works 当前价格是否划算或是价值陷阱，本文将通过数据分析帮助你自行判断。</li>
<li>该股票最近收盘价为 20.74 美元，过去 7 天的回报率为 1.5%，过去 30 天的回报率为 10.1%，而年初至今的回报率为 0.0%，过去一年下降了 41.4%，过去三年下降了 50.3%，过去五年下降了 39.4%。</li>
<li>最近的报道集中在 Bath &amp; Body Works 在更广泛零售行业中的定位，以及投资者对其股价表现的反应。这一背景有助于框定近期短期收益是否改变了市场对该业务的定价，尤其是在经历了较弱的多年表现之后。</li>
<li>根据 Simply Wall St 的 6 点估值框架，Bath &amp; Body Works 的估值得分为 5，这意味着在 6 项检查中有 5 项显示其被低估。接下来，我们将看看折现现金流和倍数等方法的比较，最后提供一个框架，帮助你更清晰地思考价值。</li>
</ul>
<p>了解为什么 Bath &amp; Body Works 去年 -41.4% 的回报率落后于同行。</p>
<h3>方法 1：Bath &amp; Body Works 折现现金流 (DCF) 分析</h3>
<p>折现现金流模型将估计的未来现金流折现回今天，以得出该业务每股可能的价值估计。</p>
<p>对于 Bath &amp; Body Works，最新的十二个月自由现金流约为 9.239 亿美元。使用 2 阶段自由现金流到股权模型，分析师和 Simply Wall St 的预测估计到 2030 年自由现金流为 10.75 亿美元，期间的年度数据基于早期年份的分析师输入和外部年份的推算估计。</p>
<p>这些预测的现金流通过 DCF 模型折现回今天，得出的每股内在价值估计为 54.56 美元。与最近的股价 20.74 美元相比，该模型暗示约 62.0% 的隐含折扣。这表明在这个基础上，股票被明显低估。</p>
<p><strong>结果：被低估</strong></p>
<p>我们的折现现金流 (DCF) 分析表明 Bath &amp; Body Works 被低估了 62.0%。将其添加到你的观察列表或投资组合中，或发现基于现金流的 870 只更多被低估的股票。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9d38c858-cde3-4b29-b82a-4614a65fe388/chart/dcf?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9d38c858-cde3-4b29-b82a-4614a65fe388/chart/dcf"/></p>
<p>截至 2026 年 1 月的 BBWI 折现现金流</p>
<p>前往我们公司报告的估值部分，了解我们如何得出 Bath &amp; Body Works 的公允价值。</p>
<h3>方法 2：Bath &amp; Body Works 的价格与收益</h3>
<p>对于像 Bath &amp; Body Works 这样的盈利公司，市盈率是一个有用的简明指标，因为它将你支付的价格直接与公司已经产生的收益联系起来。</p>
<p>什么算是正常或公允的市盈率取决于市场对公司增长前景和风险的看法。更高的预期增长或较低的感知风险可以证明更高的市盈率，而较慢的增长或更高的风险往往与较低的市盈率相对应。</p>
<p>Bath &amp; Body Works 当前的市盈率约为 6.1 倍。这远低于专业零售行业的平均水平 19.8 倍和同行的平均水平 18.8 倍。Simply Wall St 还计算出公允比率为 14.2 倍。这个公允比率是基于收益增长、利润率、行业、市场资本和公司特定风险等因素的市盈率的专有估计。</p>
<p>因为公允比率将这些基本面直接纳入数字中，所以它通常比简单的与行业或同行平均水平的比较更具信息性，后者将所有公司视为相同。</p>
<p>在这里，公允比率 14.2 倍高于当前的市盈率 6.1 倍，这表明在这个指标上股票被低估。</p>
<p><strong>结果：被低估</strong></p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9d38c858-cde3-4b29-b82a-4614a65fe388/chart/pe-multiple-vs-industry?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9d38c858-cde3-4b29-b82a-4614a65fe388/chart/pe-multiple-vs-industry"/></p>
<p>截至 2026 年 1 月的 NYSE:BBWI 市盈率</p>
<p>市盈率讲述了一个故事，但如果真正的机会在其他地方呢？发现 1462 家内部人士正在大举押注于爆炸性增长的公司。</p>
<h3>提升你的决策能力：选择你的 Bath &amp; Body Works 故事</h3>
<p>我们之前提到过，有一种更好的理解估值的方法，让我们介绍一下叙述。这些只是你对公司的看法，直接与预测和公允价值数字相关联。在 Simply Wall St，你可以在社区页面上构建和比较这些叙述，看看你的 Bath &amp; Body Works 观点与他人的对比，并在新闻或收益到来时保持更新。例如，一位投资者可能围绕租约续签、3700 万会员的忠诚度基础和新产品类别构建一个看涨的 Bath &amp; Body Works 故事，公允价值接近 64.56 美元。另一位可能关注债务、数字表现不佳和关税压力，公允价值接近 24.35 美元。每个人都可以将他们的公允价值与实时股价进行比较，以决定根据自己的故事股票是否看起来昂贵或便宜。</p>
<p>你认为 Bath &amp; Body Works 的故事还有更多内容吗？前往我们的社区看看其他人怎么说！</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9d38c858-cde3-4b29-b82a-4614a65fe388/chart/quote-price?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9d38c858-cde3-4b29-b82a-4614a65fe388/chart/quote-price"/></p>
<p>NYSE:BBWI 1 年股票价格走势图</p>
<p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不构成财务建议。</strong> 它不构成买入或卖出任何股票的推荐，也不考虑你的目标或财务状况。我们旨在为你提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>

BBWI

<p>Bath & Body Works (BBWI) 目前的股价为 20.74 美元，过去一周回报率为 1.5%，过去一个月回报率为 10.1%。尽管过去一年股价大幅下跌 41.4%，但折现现金流（DCF）分析表明，该股票被低估了 62%，每股内在价值为 54.56 美元。此外，该公司的市盈率为 6.1 倍，远低于行业平均的 19.8 倍，进一步表明其被低估。建议投资者在评估该股票的潜力时考虑这些指标</p>

<ul>
<li>If you are wondering whether Bath &amp; Body Works is a bargain or a value trap at its current price, this article walks through the numbers so you can judge for yourself.</li>
<li>The stock recently closed at US$20.74, with returns of 1.5% over the past 7 days and 10.1% over the past 30 days, compared with a return of 0.0% year to date and a 41.4% decline over the last year, plus a 50.3% decline over 3 years and a 39.4% decline over 5 years.</li>
<li>Recent coverage has focused on how Bath &amp; Body Works is positioned within the broader retail sector and how investors are reacting to its share price performance. This context helps frame whether the recent short term gains are changing how the market prices the business after a weaker multi year run.</li>
<li>On Simply Wall St's 6 point valuation framework, Bath &amp; Body Works has a valuation score of 5, which means it screens as undervalued on 5 of the 6 checks. Next, we will look at how methods like discounted cash flow and multiples compare, before finishing with a framework that can help you think about value even more clearly.</li>
</ul>
<div class="lb-trans"><ul>
<li>如果你在考虑 Bath &amp; Body Works 当前价格是否划算或是价值陷阱，本文将通过数据分析帮助你自行判断。</li>
<li>该股票最近收盘价为 20.74 美元，过去 7 天的回报率为 1.5%，过去 30 天的回报率为 10.1%，而年初至今的回报率为 0.0%，过去一年下降了 41.4%，过去三年下降了 50.3%，过去五年下降了 39.4%。</li>
<li>最近的报道集中在 Bath &amp; Body Works 在更广泛零售行业中的定位，以及投资者对其股价表现的反应。这一背景有助于框定近期短期收益是否改变了市场对该业务的定价，尤其是在经历了较弱的多年表现之后。</li>
<li>根据 Simply Wall St 的 6 点估值框架，Bath &amp; Body Works 的估值得分为 5，这意味着在 6 项检查中有 5 项显示其被低估。接下来，我们将看看折现现金流和倍数等方法的比较，最后提供一个框架，帮助你更清晰地思考价值。</li>
</ul>
</div><p>Find out why Bath &amp; Body Works's -41.4% return over the last year is lagging behind its peers.</p>
<div class="lb-trans"><p>了解为什么 Bath &amp; Body Works 去年 -41.4% 的回报率落后于同行。</p>
</div><h3>Approach 1: Bath &amp; Body Works Discounted Cash Flow (DCF) Analysis</h3>
<div class="lb-trans"><h3>方法 1：Bath &amp; Body Works 折现现金流 (DCF) 分析</h3>
</div><p>A Discounted Cash Flow model takes estimated future cash flows, then discounts them back to today to arrive at an estimate of what the business might be worth per share.</p>
<div class="lb-trans"><p>折现现金流模型将估计的未来现金流折现回今天，以得出该业务每股可能的价值估计。</p>
</div><p>For Bath &amp; Body Works, the latest twelve month Free Cash Flow is about $923.9 million. Using a 2 Stage Free Cash Flow to Equity model, analysts and Simply Wall St projections estimate Free Cash Flow of $1,075 million by 2030, with interim yearly figures based on a mix of analyst inputs for the earlier years and extrapolated estimates for the outer years.</p>
<div class="lb-trans"><p>对于 Bath &amp; Body Works，最新的十二个月自由现金流约为 9.239 亿美元。使用 2 阶段自由现金流到股权模型，分析师和 Simply Wall St 的预测估计到 2030 年自由现金流为 10.75 亿美元，期间的年度数据基于早期年份的分析师输入和外部年份的推算估计。</p>
</div><p>These projected cash flows are discounted back to today using the DCF model, which results in an estimated intrinsic value of $54.56 per share. Compared with the recent share price of $20.74, the model suggests an implied discount of about 62.0%. This indicates that the shares screen as materially undervalued on this basis.</p>
<div class="lb-trans"><p>这些预测的现金流通过 DCF 模型折现回今天，得出的每股内在价值估计为 54.56 美元。与最近的股价 20.74 美元相比，该模型暗示约 62.0% 的隐含折扣。这表明在这个基础上，股票被明显低估。</p>
</div><p><strong>Result: UNDERVALUED</strong></p>
<div class="lb-trans"><p><strong>结果：被低估</strong></p>
</div><p>Our Discounted Cash Flow (DCF) analysis suggests Bath &amp; Body Works is undervalued by 62.0%. Track this in your watchlist or portfolio, or discover 870 more undervalued stocks based on cash flows.</p>
<div class="lb-trans"><p>我们的折现现金流 (DCF) 分析表明 Bath &amp; Body Works 被低估了 62.0%。将其添加到你的观察列表或投资组合中，或发现基于现金流的 870 只更多被低估的股票。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9d38c858-cde3-4b29-b82a-4614a65fe388/chart/dcf" alt="" original-src="https://images.simplywall.st/company/9d38c858-cde3-4b29-b82a-4614a65fe388/chart/dcf"/></p>
<p>BBWI Discounted Cash Flow as at Jan 2026</p>
<div class="lb-trans"><p>截至 2026 年 1 月的 BBWI 折现现金流</p>
</div><p>Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Bath &amp; Body Works.</p>
<div class="lb-trans"><p>前往我们公司报告的估值部分，了解我们如何得出 Bath &amp; Body Works 的公允价值。</p>
</div><h3>Approach 2: Bath &amp; Body Works Price vs Earnings</h3>
<div class="lb-trans"><h3>方法 2：Bath &amp; Body Works 的价格与收益</h3>
</div><p>For a profitable company like Bath &amp; Body Works, the P/E ratio is a useful shorthand because it ties what you pay directly to the earnings the business is already generating.</p>
<div class="lb-trans"><p>对于像 Bath &amp; Body Works 这样的盈利公司，市盈率是一个有用的简明指标，因为它将你支付的价格直接与公司已经产生的收益联系起来。</p>
</div><p>What counts as a normal or fair P/E depends on how the market views the company’s growth prospects and risk. Higher expected growth or lower perceived risk can justify a higher P/E, while slower growth or higher risk tends to line up with a lower P/E.</p>
<div class="lb-trans"><p>什么算是正常或公允的市盈率取决于市场对公司增长前景和风险的看法。更高的预期增长或较低的感知风险可以证明更高的市盈率，而较慢的增长或更高的风险往往与较低的市盈率相对应。</p>
</div><p>Bath &amp; Body Works currently trades on a P/E of about 6.1x. That sits well below the Specialty Retail industry average of 19.8x and a peer average of 18.8x. Simply Wall St also calculates a Fair Ratio of 14.2x. This Fair Ratio is a proprietary estimate of what the P/E could be, based on factors like earnings growth, profit margin, industry, market cap and company specific risks.</p>
<div class="lb-trans"><p>Bath &amp; Body Works 当前的市盈率约为 6.1 倍。这远低于专业零售行业的平均水平 19.8 倍和同行的平均水平 18.8 倍。Simply Wall St 还计算出公允比率为 14.2 倍。这个公允比率是基于收益增长、利润率、行业、市场资本和公司特定风险等因素的市盈率的专有估计。</p>
</div><p>Because the Fair Ratio builds these fundamentals directly into the number, it can often be more informative than a simple comparison with industry or peer averages that treat all companies as if they are identical.</p>
<div class="lb-trans"><p>因为公允比率将这些基本面直接纳入数字中，所以它通常比简单的与行业或同行平均水平的比较更具信息性，后者将所有公司视为相同。</p>
</div><p>Here, the Fair Ratio of 14.2x is above the current P/E of 6.1x, which suggests the shares screen as undervalued on this metric.</p>
<div class="lb-trans"><p>在这里，公允比率 14.2 倍高于当前的市盈率 6.1 倍，这表明在这个指标上股票被低估。</p>
</div><p><strong>Result: UNDERVALUED</strong></p>
<div class="lb-trans"><p><strong>结果：被低估</strong></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9d38c858-cde3-4b29-b82a-4614a65fe388/chart/pe-multiple-vs-industry" alt="" original-src="https://images.simplywall.st/company/9d38c858-cde3-4b29-b82a-4614a65fe388/chart/pe-multiple-vs-industry"/></p>
<p>NYSE:BBWI P/E Ratio as at Jan 2026</p>
<div class="lb-trans"><p>截至 2026 年 1 月的 NYSE:BBWI 市盈率</p>
</div><p>P/E ratios tell one story, but what if the real opportunity lies elsewhere? Discover 1462 companies where insiders are betting big on explosive growth.</p>
<div class="lb-trans"><p>市盈率讲述了一个故事，但如果真正的机会在其他地方呢？发现 1462 家内部人士正在大举押注于爆炸性增长的公司。</p>
</div><h3>Upgrade Your Decision Making: Choose your Bath &amp; Body Works Narrative</h3>
<div class="lb-trans"><h3>提升你的决策能力：选择你的 Bath &amp; Body Works 故事</h3>
</div><p>Earlier we mentioned that there is an even better way to understand valuation, so let us introduce Narratives. These are simply the story you believe about a company, linked directly to a forecast and a Fair Value number. On Simply Wall St you can build and compare these on the Community page, see how your Bath &amp; Body Works view lines up against others, and keep it updated as news or earnings arrive. For example, one investor might build a bullish Bath &amp; Body Works Narrative around lease renewals, a 37 million member loyalty base and new product categories, with a Fair Value closer to US$64.56. Another might focus on debt, digital underperformance and tariff pressures, and sit nearer US$24.35. Each can then compare their Fair Value to the live share price to decide for themselves whether the stock looks expensive or cheap based on their own story.</p>
<div class="lb-trans"><p>我们之前提到过，有一种更好的理解估值的方法，让我们介绍一下叙述。这些只是你对公司的看法，直接与预测和公允价值数字相关联。在 Simply Wall St，你可以在社区页面上构建和比较这些叙述，看看你的 Bath &amp; Body Works 观点与他人的对比，并在新闻或收益到来时保持更新。例如，一位投资者可能围绕租约续签、3700 万会员的忠诚度基础和新产品类别构建一个看涨的 Bath &amp; Body Works 故事，公允价值接近 64.56 美元。另一位可能关注债务、数字表现不佳和关税压力，公允价值接近 24.35 美元。每个人都可以将他们的公允价值与实时股价进行比较，以决定根据自己的故事股票是否看起来昂贵或便宜。</p>
</div><p>Do you think there's more to the story for Bath &amp; Body Works? Head over to our Community to see what others are saying!</p>
<div class="lb-trans"><p>你认为 Bath &amp; Body Works 的故事还有更多内容吗？前往我们的社区看看其他人怎么说！</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9d38c858-cde3-4b29-b82a-4614a65fe388/chart/quote-price" alt="" original-src="https://images.simplywall.st/company/9d38c858-cde3-4b29-b82a-4614a65fe388/chart/quote-price"/></p>
<p>NYSE:BBWI 1-Year Stock Price Chart</p>
<div class="lb-trans"><p>NYSE:BBWI 1 年股票价格走势图</p>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不构成财务建议。</strong> 它不构成买入或卖出任何股票的推荐，也不考虑你的目标或财务状况。我们旨在为你提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div>

Bath & Body Works (BBWI) 的定价是否反映了其近期的反弹和 DCF 估值？