NYSE: PVH · Apparel Manufacturers
PVH (PVH) fair value: undervalued or overvalued?
As of 31 Oct 2026, Faircurve's model values PVH (PVH) at $115.15 a share. The stock last closed at $92.28, which puts the model's fair value 24.8% above the price. On the model's bands that reads as Undervalued.
Revalued . Price is the close of 5 Nov 2026. PVH Corp.
The report adds the live price, the chart against the range the options market prices, the next earnings date and the analysts' consensus. No account needed.
This week, in three parts
What happenedThe run of 31 Oct 2026 moved the fair value from $110.26 to $115.15 (+4.4%). The stock's own trading multiple rose with its price, and the fair value follows it in part: most of the move.
What the model makes of itThe price of $92.28 is 24.8% below it: Undervalued, on a medium evidence grade.
What's nextReports on 2 Dec 2026. Options prices imply a move of about 15% either way over the next month. The next weekly run is on Saturday 7 Nov 2026.
What price range does the model give PVH?
The calibrated range for PVH over 63 trading days is $79.14 to $111.44. It sits around the last close, and its width comes from the volatility that PVH's own options imply (52% a year), calibrated weekly against realised prices (n = 6,661 past valuations, refreshed 31 Oct 2026). Ranges built this way held the price 60% of the time at this horizon. The fair value is the model's opinion and rides beside the range. It is not the centre of it.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $65.49 to $179.37. In 64% of the simulations the fair value came out above the price the model ran on.
Faircurve Insights · 31 Oct 2026
PVH Corp. is a global leader in the apparel industry. Its operations span six segments, including Tommy Hilfiger North America and Calvin Klein North America.
Faircurve's model puts the fair value at $115.15 a share on 31 Oct 2026. That is up from $110.26 on 24 Oct 2026, a move of +4.4%. In the model's words, "The stock's own trading multiple rose with its price, and the fair value follows it in part: most of the move." The calibrated range over 63 trading days is $83.55 to $117.33, built around the price. Ranges built this way held the price 60% of the time at this horizon. The model grades the evidence Medium. The grade covers input completeness, the number of comparable companies and how closely they agree, and the spread of outcomes. It does not say whether the fair value is right.
PVH scores 33 out of 100 on the model's overall quality measure, a composite of six factors scored against comparable companies. Profitability scores 7, with ROIC at 2.6% against a peer median of 10.6%. Balance sheet scores 27, with net debt to EBITDA at 5.06x against a peer median of 1.90x. Earnings quality scores 80. The model compares PVH with Kontoor Brands, Inc. (KTB), Columbia Sportswear Company (COLM), Under Armour, Inc. (UAA and UA), G-III Apparel Group, Ltd. (GIII) and Ralph Lauren Corporation (RL). V.F. Corporation (VFC) and Oxford Industries, Inc. (OXM) are also compared, but have no fair value on this date.
Written from the figures on this page for the 31 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
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When does PVH report earnings, and how has the stock reacted?
PVH's next earnings report is scheduled for 2 Dec 2026. Companies can move their dates.
Options prices on 5 Nov 2026 imply a move of about 7.0% in either direction through the nearest expiry, about 14 days out. That is the size the market is pricing, not a direction. PVH's 30 day implied volatility works out to about 14.9% over one month.
Around its last 8 reports: what the options market priced, and what followed
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across PVH's last 8 reports, ignoring direction, was 7.3%.
What the options market has priced for a month's move in PVH
How does PVH score on business quality?
PVH's overall quality score is 33 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 7 | 2.6%ROIC | 10.6% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 80 | ||
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analysts' rating changes. | 36 | 3.4%Revenue growth, trailing | 1.9% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 30 | 0.4%Net buybacks / market value | 3.8% |
| Balance sheetNet debt to EBITDA and interest coverage. | 27 | 5.06xNet debt / EBITDA | 1.90x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 20 | 2.6 ptsEBITDA margin downside volatility, 5y | 1.7 pts |
How does PVH compare with similar companies?
The companies in apparel manufacturers closest to PVH in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| KTB Kontoor Brands, Inc. | $79.18 | $90.26 | +14.0% | Fairly valued |
| COLM Columbia Sportswear Company | $69.12 | $59.82 | -13.5% | Fairly valued |
| VFC V.F. Corporation | $20.32 | $16.85 | -17.1% | Low evidence grade |
| UAA Under Armour, Inc. | $5.57 | $3.44 | -38.2% | Overvalued |
| UA Under Armour, Inc. | $5.36 | $3.41 | -36.4% | Overvalued |
| GIII G-III Apparel Group, Ltd. | $32.02 | $38.16 | +19.2% | Undervalued |
| RL Ralph Lauren Corporation | $381.78 | $367.21 | -3.8% | Fairly valued |
| OXM Oxford Industries, Inc. | $30.38 | $26.20 | -13.8% | Low evidence grade |
What the comparable companies' multiples alone would give for PVH, the peer-implied price, is $153.06 a share on this run. The fair value weighs that against the company's own multiple.
PVH at a glance
PVH 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.
- Market value
- $4.2B
- Sector
- Consumer Cyclical
- Industry
- Apparel Manufacturers
- Revenue expected, next twelve months
- $9.0B
- Consensus revenue growth, next fiscal year
- -0.5%
- Analysts with estimates
- 6
- Beta to the US market
- 0.83
- First valued by Faircurve
- 11 Jul 2026
At the close of 5 Nov 2026, 55.1% of the 1,060 graded US stocks the model covers traded below the model's fair value. PVH was among them.
How the fair value is worked out: the model prices PVH on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 24 Oct 2026 the model's fair value for PVH was $110.26. As of 31 Oct 2026 it is $115.15, a change of +4.4%. The stock's own trading multiple rose with its price, and the fair value follows it in part: most of the move. The model revalues every stock it covers each week, and again after an earnings report.
Questions about PVH's valuation
Is PVH stock undervalued or overvalued?
On Faircurve's model, PVH reads as Undervalued as of 31 Oct 2026. The model's fair value is $115.15 a share against a last close of $92.28, a gap of +24.8%.
What is PVH's fair value?
$115.15 a share as of 31 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $65.49 to $179.37.
What price range does the model give PVH?
$79.14 to $111.44 over 63 trading days. Ranges built this way held the price 60% of the time across 6,661 past valuations, refreshed 31 Oct 2026.
When does PVH report earnings next?
The next report is scheduled for 2 Dec 2026. Companies can move their dates.
How much has PVH moved on past earnings reports?
Across its last 8 reports the median two session move was 7.3%, ignoring direction. The largest was -19.6% around the report of 3 Jun 2026.
How confident is the model in this valuation?
The model's evidence grade for PVH is medium. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.
The model's own ideas on PVH
The model holds no idea open on PVH today. Signed-in readers see the rule each idea runs on, the floor and the exit level the model set and its time limit, and the model's closed ideas on PVH with their outcomes. A free account is enough.