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 improvement in its perceived value. The company is currently considered undervalued, with a P/E ratio of 10, an EV to EBITDA ratio of 7.49, and a PEG ratio of 0.11, all suggesting that the stock is trading at a discount relative to its earnings growth potential.
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 showing a competitive EV to EBITDA ratio compared to Kontoor Brands, Inc. at 14.31. Despite recent struggles, including a year-to-date return of -15.36% compared to the S&P 500's 13.30%, the attractive valuation metrics suggest that Hanesbrands may present a buying opportunity for investors looking for value in the footwear industry.