Yes, that's the Ralph line that targeted 16 to 25 year-old women. It was a little trendier entry level line with a lower (by Ralph Lauren standards) price point and carried in mid-range department stores. The line was introduced in 1999 and has been discontinued for some time now (sorry, I'm not sure about the exact date there) so your item is definitely not vintage by any definition. At its oldest, it could only be 12 years old.
Thanks for the reply. Oh. I know.... The garment did not look vintage at all but I just hadn't seen the label before and was looking for clarification of the label. Thank you for your help