There are many fine qualities to be found in a virtuous woman, or in a righteous man and being clothed in strength and excellence, dignity and honour is a beautiful way to describe the person that trusts in the Lord and reverences His holy name.
So often in the Word of God the believer is expected to be clothed in righteousness, strength and humility; shod with the gospel of peace and covered with a garment of gracious praise, and each virtue that is manifested in the life of a believer is simply the reflected glory of Christ's own perfect righteous and gracious humility - His dignified strength and His gracious love, (it is: Christ in you the hope of glory).
It was the king Lemuel that wrote of the woman who clothed herself in strength and honour in his beautiful description of a virtuous lady. But the gracious qualities of virtue and strength, excellence, dignity and honour that are displayed in the life of a believer, are simply the fruit of the Spirit being shown forth in the woman or man who is humbly submitted to the leading and guidance of the Holy Spirit and is prepared to say He must increase and I must decrease.
But whenever a person, be they man or woman, seeks to clothe themselves in their own righteous acts instead of being clothed with Christ's righteousness they discover that they have fallen from grace into self-effort and self-striving in order to produce good works that they think will please the Lord. But they have strayed from living by faith to living their Christian life by personal performance through their own human merit.
They have fallen into the trap that of the Galatian Christians - for having been saved by grace through faith they foolishly try to live their lives by carrying out works of the law and striving to attain by personal merit. But the only virtue we possess and the only righteousness and strength that God will accept from His children is the righteousness of Christ - which only comes by faith in Him and has nothing to do with our own personal performance or human merit.
The virtuous woman or righteous man is the one that is prepared to die to self and live to Christ, knowing that it is God who works in them to will and to do of His good pleasure. The virtuous woman or righteous man is clothed in strength and excellence, dignity and honour - knowing that His grace is sufficient and that His strength is made perfect in our weakness - and they are thus enabled to rejoice in the bright hope for tomorrow.
Loving Father, my heart rejoices in You, for You are the One that has forgiven my sin and clothed me in the righteousness of the Lord Jesus as a free gift of grace. As I look for that Blessed Hope to come, may I draw ever closer to the Lord Jesus today, so that His virtue and strength, grace and love are increasingly reflected through me to others and may I ever sing praises to Your honour and glory, in Jesus name I pray, AMEN.