riflen is correct, we can only speculate, but I shall try.
Firstly, you're mistaken. PS4 isn't struggling to hit 30fps at 1080p, plenty of PS4 games are 1080p/60fps.
As for requirements, VR needs basically 1080p/60fps, but it does need stereo rendering, which does mean additional performance. Brute forcing 3D on PC tends to cost about 50% performance, so if a game ran at 1080p/60fps in 2D, you would expect about 1080p/40fps in 3D. Compromises will have to be made if a game was targeted to 1080p/60fps in 2D.
No, it is more than capable of delivering better than the best of PS3 graphics in VR.