PVH Corp (PVH) is undervalued and Ralph Lauren Corp (RL) is slightly overvalued.
Against our estimates of intrinsic value, PVH trades at the wider discount: a margin of safety of +42%, against -16% for RL.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.7% (average of 2 methods) values the shares at $131.87; the price of $75.89 is 42% below that value, and 77% of that value comes from beyond year five.
Leak Score 56/100 on 2 of 12 signals
Discounting its cash flows at 10.9% (average of 3 methods) values the shares at $297.59; the price of $346.06 is 16% above that value, and 70% of that value comes from beyond year five.
Leak Score 76/100 on 9 of 12 signals
| Metric | PVH | RL |
|---|---|---|
| Verdict | Undervalued | Slightly overvalued |
| Price | $75.89 | $346.06 |
| Intrinsic value | $131.87 | $297.59 |
| Margin of safety | +42% | -16% |
| Leak Score | 56/100 (2/12) | 76/100 (9/12) |
| Market cap | $3.5B | $20.6B |
| Revenue growth, 5 years | 4.6% | 13.0% |
| Operating margin | 8.6% | 16.7% |
| Net margin | -1.9% | 11.8% |
| Return on equity | -3.5% | 37.5% |
| Debt to equity | 0.87 | 1.10 |
| P/E | — | 21.8x |
| Forward P/E | 6.1x | 16.5x |
| P/B | 0.7x | 7.6x |
| Dividend yield | 0.2% | 1.1% |