PVH (MEX:PVH) Cyclically Adjusted PB Ratio: 0.98 (As of Jul. 25, 2026) — 31% Below Median

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MEX:PVH PVH Corp MEX:PVH
76 GF Score
Price MXN1,236.00
GF Value MXN1,627.35
! 2 Warning Signs
View Full Analysis

What is PVH Cyclically Adjusted PB Ratio?

PVH MEX:PVH 76 Cyclically Adjusted PB Ratio is 0.98 as of Jul. 25, 2026, which is 31% below its 10-year median of 1.42. GuruFocus rates MEX:PVH with a GF Score™ of 76/100 and a GF Value™ of MXN1,627.35. The stock has 2 warning signs investors should review. Among 873 Manufacturing - Apparel & Accessories companies, PVH ranks better than 56.59% on this metric.

As of today (2026-07-25), PVH's current share price is MXN1236.00. PVH's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was MXN1,265.20. PVH's Cyclically Adjusted PB Ratio for today is 0.98.

The historical rank and industry rank for PVH's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:PVH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.42   Max: 3.48
Current: 0.86

During the past years, PVH's highest Cyclically Adjusted PB Ratio was 3.48. The lowest was 0.52. And the median was 1.42.

MEX:PVH's Cyclically Adjusted PB Ratio is ranked better than
56.59% of 873 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.99 vs MEX:PVH: 0.86

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

PVH's adjusted book value per share data for the three months ended in Apr. 2026 was MXN1,860.713. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN1,265.20 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PVH  (MEX:PVH) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


PVH Cyclically Adjusted PB Ratio Related Terms


PVH Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PVH's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PVH Cyclically Adjusted PB Ratio Chart

PVH Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 1.16 1.48 1.04 0.69

PVH Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 0.83 0.87 0.69 0.98

MEX:PVH vs ZGN, COLM, UAA: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, PVH's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PVH Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PVH's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PVH's Cyclically Adjusted PB Ratio falls into.


MEX:PVH
76GF Score
PVH Corp MEX:PVH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PVH Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

PVH's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1236.00/1265.20
=0.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PVH's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, PVH's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=1860.713/333.0200*333.0200
=1,860.713

Current CPI (Apr. 2026) = 333.0200.

PVH Quarterly Data

Book Value per Share CPI Adj_Book
201607 1,121.839 240.628 1,552.583
201610 1,133.528 241.729 1,561.614
201701 1,274.368 242.839 1,747.619
201704 1,183.087 244.524 1,611.260
201707 1,173.011 244.786 1,595.827
201710 1,302.847 246.663 1,758.975
201801 1,335.805 247.867 1,794.712
201804 1,353.652 250.546 1,799.243
201807 1,349.219 252.006 1,782.961
201810 1,515.890 252.885 1,996.250
201901 1,472.523 251.712 1,948.177
201904 1,456.924 255.548 1,898.605
201907 1,497.894 256.571 1,944.213
201910 1,565.534 257.346 2,025.888
202001 1,518.532 257.971 1,960.304
202004 1,523.720 256.389 1,979.138
202007 1,433.013 259.101 1,841.838
202010 1,399.328 260.388 1,789.653
202101 1,346.453 261.582 1,714.169
202104 1,368.466 267.054 1,706.496
202107 1,398.110 273.003 1,705.471
202110 1,510.998 276.589 1,819.279
202201 1,592.543 281.148 1,886.368
202204 1,590.778 289.109 1,832.392
202207 1,616.028 296.276 1,816.447
202210 1,500.101 298.012 1,676.321
202301 1,502.635 299.170 1,672.653
202304 1,470.273 303.363 1,614.008
202307 1,387.938 305.691 1,512.021
202310 1,522.734 307.671 1,648.192
202401 1,525.571 308.417 1,647.269
202404 1,540.886 313.548 1,636.578
202407 1,727.426 314.540 1,828.917
202410 1,904.429 315.664 2,009.139
202501 1,991.462 317.671 2,087.684
202504 1,885.173 320.795 1,957.014
202507 1,901.147 323.048 1,959.833
202510 1,975.729 0.000
202601 1,815.073 325.252 1,858.422
202604 1,860.713 333.020 1,860.713

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.98 mean?
PVH (MEX:PVH) has a Cyclically Adjusted PB Ratio of 0.98 as of Jul. 25, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on PVH and its competitors. This is 31% below median its historical median of 1.42. Over the past decade, PVH's Cyclically Adjusted PB Ratio has ranged from 0.52 to 3.48. According to the industry distribution chart, PVH ranks #379 out of 873 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 43.4%.
Is PVH's Cyclically Adjusted PB Ratio too high?
PVH's current Cyclically Adjusted PB Ratio of 0.98 is 31% below median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 3.48. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.99. PVH's value of 0.98 is 1% below this industry median. Based on the distribution chart, PVH ranks #379 out of 873 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, PVH has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does PVH's Cyclically Adjusted PB Ratio compare to ZGN and COLM?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PVH ranks #379 out of 873 companies for Cyclically Adjusted PB Ratio. This puts PVH in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. PVH's value of 0.98 is 1% below this benchmark. Historically, PVH's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 3.48 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 0.99, PVH has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.99, based on 873 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PVH's current Cyclically Adjusted PB Ratio of 0.98 is 1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on PVH and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PVH's current Cyclically Adjusted PB Ratio is 0.98, which is 31% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PVH stock overvalued right now?
PVH (MEX:PVH) has a current Cyclically Adjusted PB Ratio of 0.98. The stock's GF Value™ is MXN1,627.35, compared to a current price of MXN1,236.00 — trading 24% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.98, which is 31% below median its 10-year median of 1.42 and 1% below the Manufacturing - Apparel & Accessories industry median of 0.99. PVH's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For PVH (MEX:PVH), the current Cyclically Adjusted PB Ratio is 0.98 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PVH (MEX:PVH) Overvalued in 2026?

Based on GuruFocus' analysis, PVH stock appears to be undervalued. The current stock price of MXN1,236.00 is trading 24% below its estimated GF Value™ of MXN1,627.35.

Key valuation signals for MEX:PVH:

  • Cyclically Adjusted PB Ratio: 0.98 (31% below median its 10-year median of 1.42)
  • GF Value™: MXN1,627.35 vs. price of MXN1,236.00 (24% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 1% below the Manufacturing - Apparel & Accessories median (#379 of 873)

No single metric tells the full story. See the MEX:PVH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PVH Business Description

Other Exchanges PVH:USA0KEQ:UKPVH:Germany
Address 285 Madison Avenue, New York, NY, USA, 10017
PVH designs and markets branded apparel in more than 40 countries. Its key fashion categories include men's dress shirts, ties, sportswear, underwear, and jeans. Its two designer brands, Calvin Klein and Tommy Hilfiger, now generate practically all its revenue after its recent disposition of most of its smaller brands. PVH operates e-commerce sites, roughly 1,400 standalone stores, and about 1,500 shop-in-shops and concessions. The firm also licenses its brands to third parties and distributes its merchandise through department stores and other wholesale accounts. PVH traces its history to 1881 and is based in New York City.
76GF Score

Get the complete analysis for MEX:PVH

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,236.00
Price
MXN1,627.35
GF Value