Purpose: Victimization by peers is known to have a detrimental effect on emotional and educational adjustment. Yet, there is also a sparser research literature on the potential negative effects of peer victimization on physical health. Our purpose was to draw from meta-analyses and studies of peer victimization and physical health (including psychosomatic symptoms, sleep, and body weight) to highlight key findings and future directions in the area. We also briefly summarize research findings that associate peer victimization with stress physiology. Method: Narrative research summary. Results: Peer victimization is associated with poorer physical health among youth, including more somatic complaints (e.g., health concerns, pain) and disrupted sleep. Also, victimized youth are at more risk than other youth for increasing weight problems. These effects seem to be both immediate and long-term, with associations found into later adolescence and even adulthood. Conclusion: Future directions for research are proposed that take a biopsychosocial perspective, by integrating the domains of physiology, mental health, and physical health, in order to test holistic models that better illuminate the negative effects of peer victimization. Additionally, future research should continue to address potential mechanisms, such as neurophysiological reactions and recovery from stressful events.