Is PVH Corp. overvalued or undervalued?

As of 30 June 2025, the valuation grade for PVH Corp. has moved from expensive to fair. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 5, significantly lower than the industry average, while the EV to EBITDA ratio is 7.13 and the PEG ratio is notably low at 0.18, indicating potential undervaluation relative to growth expectations.
In comparison to its peers, PVH Corp. has a P/E ratio of 5.6858, which is much lower than On Holding AG's 101.9296 and Ralph Lauren Corp.'s 48.6073, both of which are considered very expensive and attractive, respectively. Additionally, the EV to EBITDA ratio of 8.8079 for PVH Corp. is more favorable than VF Corp.'s 9.1690, which is classified as expensive. Despite a recent 1-week stock return of 5.93% compared to the S&P 500's 1.05%, the year-to-date return of -17.84% shows that the stock has underperformed relative to the broader market, suggesting that it may still be a cautious investment despite its fair valuation.