diff --git a/dlls/propsys/propstore.c b/dlls/propsys/propstore.c
index 00ff70162d9..7c2813186c8 100644
--- a/dlls/propsys/propstore.c
+++ b/dlls/propsys/propstore.c
@@ -351,8 +351,31 @@ static HRESULT WINAPI PropertyStore_GetState(IPropertyStoreCache *iface,
 static HRESULT WINAPI PropertyStore_GetValueAndState(IPropertyStoreCache *iface,
     REFPROPERTYKEY key, PROPVARIANT *ppropvar, PSC_STATE *pstate)
 {
-    FIXME("%p,%p,%p,%p: stub\n", iface, key, ppropvar, pstate);
-    return E_NOTIMPL;
+    PropertyStore *This = impl_from_IPropertyStoreCache(iface);
+    propstore_value *value;
+    HRESULT hr;
+
+    TRACE("%p,%p,%p,%p\n", iface, key, ppropvar, pstate);
+
+    EnterCriticalSection(&This->lock);
+
+    hr = PropertyStore_LookupValue(This, key, 0, &value);
+
+    if (SUCCEEDED(hr))
+        hr = PropVariantCopy(ppropvar, &value->propvar);
+
+    if (SUCCEEDED(hr))
+        *pstate = value->state;
+
+    LeaveCriticalSection(&This->lock);
+
+    if (FAILED(hr))
+    {
+        PropVariantInit(ppropvar);
+        *pstate = PSC_NORMAL;
+    }
+
+    return hr;
 }
 
 static HRESULT WINAPI PropertyStore_SetState(IPropertyStoreCache *iface,
diff --git a/dlls/propsys/tests/propstore.c b/dlls/propsys/tests/propstore.c
index 17cf7f3ba92..ad06ea006e9 100644
--- a/dlls/propsys/tests/propstore.c
+++ b/dlls/propsys/tests/propstore.c
@@ -138,9 +138,9 @@ static void test_inmemorystore(void)
     propvar.vt = VT_I2;
     state = 0xdeadbeef;
     hr = IPropertyStoreCache_GetValueAndState(propcache, &pkey, &propvar, &state);
-    todo_wine ok(hr == TYPE_E_ELEMENTNOTFOUND, "GetValueAndState failed, hr=%x\n", hr);
-    todo_wine ok(propvar.vt == VT_EMPTY, "expected VT_EMPTY, got %d\n", propvar.vt);
-    todo_wine ok(state == PSC_NORMAL, "expected PSC_NORMAL, got %d\n", state);
+    ok(hr == TYPE_E_ELEMENTNOTFOUND, "GetValueAndState failed, hr=%x\n", hr);
+    ok(propvar.vt == VT_EMPTY, "expected VT_EMPTY, got %d\n", propvar.vt);
+    ok(state == PSC_NORMAL, "expected PSC_NORMAL, got %d\n", state);
 
     /* Set state on an unset field */
     hr = IPropertyStoreCache_SetState(propcache, &pkey, PSC_NORMAL);
@@ -171,8 +171,8 @@ static void test_inmemorystore(void)
     memset(&propvar, 0, sizeof(propvar));
     state = 0xdeadbeef;
     hr = IPropertyStoreCache_GetValueAndState(propcache, &pkey, &propvar, &state);
-    todo_wine ok(hr == S_OK, "GetValueAndState failed, hr=%x\n", hr);
-    todo_wine ok(propvar.vt == VT_I4, "expected VT_I4, got %d\n", propvar.vt);
+    ok(hr == S_OK, "GetValueAndState failed, hr=%x\n", hr);
+    ok(propvar.vt == VT_I4, "expected VT_I4, got %d\n", propvar.vt);
     todo_wine ok(propvar.u.lVal == 12346, "expected 12346, got %d\n", propvar.vt);
     todo_wine ok(state == 5, "expected 5, got %d\n", state);