Is Hanesbrands, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Hanesbrands, Inc. has moved from very expensive to attractive, indicating a significant shift in its perceived value. The company appears undervalued, supported by a P/E ratio of 10, an EV to EBITDA of 7.49, and a PEG ratio of 0.11, which suggests strong growth potential relative to its price.
In comparison to its peers, Hanesbrands has a lower P/E ratio than Ralph Lauren Corp. at 48.61 and VF Corp. at 24.89, while also exhibiting a more favorable EV to EBITDA ratio than Ralph Lauren. Despite recent stock performance showing a YTD return of -15.36% compared to the S&P 500's 13.30%, the valuation metrics suggest that Hanesbrands may present a compelling investment opportunity at its current price of 6.89.