Is PVH Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for PVH Corp. has moved from attractive to fair, indicating a shift in its perceived value. Based on the current metrics, PVH Corp. appears to be overvalued. The P/E ratio stands at 5, significantly lower than peers like Ralph Lauren Corp. with a P/E of 48.61 and On Holding AG at 101.93, suggesting that PVH is not priced in line with its competitors. Additionally, the EV to EBITDA ratio of 7.13 is also below the industry average, while the PEG ratio of 0.18 indicates strong growth potential that is not reflected in its current valuation.
In terms of performance, PVH Corp. has seen a 1-week return of 6.99%, outperforming the S&P 500's 1.70% return during the same period. However, over the longer term, the stock has underperformed, with a year-to-date return of -22.61% compared to the S&P 500's 13.30%. This underperformance reinforces the notion that the stock may be overvalued relative to its growth prospects and industry peers.