The latest release of Gauntlet has made the Valkyrie character a badass beyond compare, but this was not always the case.
Now this a franchise that started in 1985, and it went through a very dark period where the character above was still supposed to be the one with the most armor. They’ve gone from that (Seven Sorrows, 2005), to:
There is seriously no excuse for any franchise to keep perpetuating these terrible armor tropes.
If you wanna go even farther back…
This is the Valkyrie in Gauntlet Dark Legacy (2001) (Blue version was the one featured in the loading intro)
That game featured four classes focusing around a single stat (speed, magic, strength, armor/health) with a male and female version of each class under a different name, except for the strength stat. Strength got a guy and a shorter guy.
My brother and I played the PS 2 game to completion multiple times, and found something peculiar about the Valkyrie character. The male and female versions of the same class had slightly different starting stats, but they were balanced. The Valkyrie, however, had lower starting stats than the Knight and no higher stats to balance. So she starts off weaker than her male counterpart. Take that for what you will.