Apparel - Manufacturers · NYSE
Current Price
$81.96
PE Ratio (TTM)
23.8x
Intrinsic Value
$88.09
+7.0% margin of safety
COMPETITIVE MOAT
↑Brand Recognition
PVH owns globally recognized brands like Calvin Klein and Tommy Hilfiger. These brands have established consumer loyalty and command premium pricing power.
↑Global Distribution Network
The company possesses an extensive global retail and wholesale distribution network. This allows for broad market reach and efficient product placement.
↑Scale and Efficiency
PVH benefits from economies of scale in manufacturing and supply chain management. This can lead to cost advantages over smaller competitors.
INVESTMENT RISKS
↓Brand Relevance Decline
Recent performance indicates a potential decline in the relevance and appeal of core brands. Failure to adapt to evolving consumer tastes poses a significant threat.
↓Guidance Cuts and Analyst Downgrades
PVH has recently cut its sales outlook, leading to analyst downgrades. This signals potential operational challenges and weaker-than-expected demand.
↓Legal and Regulatory Scrutiny
Ongoing investigations into officers and directors create reputational damage and potential legal liabilities. This uncertainty can impact investor confidence and operational stability.
Base case
A base case PE valuation for PVH estimates a fair value of about $88.09 per share, against a current price of $81.96. The model assumes 7.1% annual earnings growth, a 24x target PE multiple, and a 10% discount rate.
Intrinsic Value
$88.09
Margin of safety
+7.0%
Expected annual return
+1.5%
Base case assumptions: 7.1% annual earnings growth, 24x target PE, 10% discount rate, 5 year projection. Data as of 2026-06-12.
This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.
Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for PVH Corp. respond.
Open PE Calculator for PVHPVH Corp. functions as a global leader in the apparel industry. Its operations are structured into six key segments: Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, Heritage Brands Wholesale, and Heritage Brands Retail. The company is involved in the design, marketing, and retail of a vast array of men's, women's, and children's clothing and accessories. Its extensive product portfolio encompasses everything from core apparel items like dress shirts, jeans, sportswear, performance wear, and intimate apparel to swimwear, footwear, handbags, and a variety of lifestyle goods such as watches, jewelry, eyewear, fragrances, and home furnishings including bedding and bath products. PVH boasts a strong brand portfolio, featuring globally recognized names like Tommy Hilfiger and Calvin Klein, alongside established labels such as Van Heusen, IZOD, ARROW, Warner's, Olga, Geoffrey Beene, and True&Co. Additionally, it manages other proprietary, licensed, and private label brands, and actively licenses its own brands for various product categories. The company employs a comprehensive, multi-channel distribution strategy. Its products are sold wholesale to a diverse network of retailers, including department, chain, and specialty stores, as well as warehouse clubs, mass market outlets, and off-price and independent retailers. Concurrently, PVH engages directly with consumers through its company-operated full-price stores, outlet locations, concession points, and various digital commerce sites. With a broad market reach, PVH distributes its merchandise to approximately 40 countries worldwide. Established in 1881, PVH Corp. maintains its corporate headquarters in New York, New York.
PE Ratio (TTM)
23.8x
PEG Ratio
n/m
Earnings Yield
4.20%
ROE (TTM)
3.3%
Revenue/Share (TTM)
$195.90
Dividend Yield
0.18%
Debt/Equity
0.86x
The trailing twelve-month PE ratio of PVH reflects how much investors pay per dollar of PVH Corp.'s earnings. This metric is most useful when compared to Apparel - Manufacturers peers and the company's own historical range.
PVH's PE of 23.8x combined with a PEG ratio of -0.44 provides a growth-adjusted perspective. PVH has negative earnings, so its PE and PEG ratios are not meaningful here and cannot tell you whether the stock is over or undervalued. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical Apparel - Manufacturers, a DCF analysis may be more appropriate.
To value PVH Corp. using PE: (1) Compare the current PE (23.8x) against the Apparel - Manufacturers median to assess relative pricing, (2) check the PEG ratio (-0.44) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
PVH's PEG ratio is -0.44, calculated by dividing the PE ratio (23.8x) by the expected earnings growth rate. Because PVH has negative earnings, its PEG ratio is not meaningful and should not be read as a sign of under or overvaluation. Note that PEG accuracy depends on the reliability of growth estimates.
PE ratio gives a quick relative read — how PVH is priced versus Apparel - Manufacturers peers. DCF provides an absolute value based on projected free cash flows. For the most reliable valuation, use PE as a quick comparability screen and DCF for a deeper fundamental analysis. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
P/E and DCF value PVH with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.
Price as of 2026-06-12. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.