PVH (FRA:PVH) E10: €4.95 (As of Apr. 2026)


FRA:PVH PVH Corp FRA:PVH
76 GF Score
Price €62.50
GF Value €89.04
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is PVH E10?

PVH FRA:PVH -2.44% 76 E10 is €4.95 as of Apr. 2026. GuruFocus rates FRA:PVH with a GF Score™ of 76/100 and a GF Value™ of €89.04 (Significantly Undervalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

PVH's adjusted earnings per share data for the three months ended in Apr. 2026 was €1.624. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.95 for the trailing ten years ended in Apr. 2026.

During the past 12 months, PVH's average E10 Growth Rate was -9.30% per year. During the past 3 years, the average E10 Growth Rate was 5.10% per year. During the past 5 years, the average E10 Growth Rate was 8.10% per year. During the past 10 years, the average E10 Growth Rate was 4.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of PVH was 71.00% per year. The lowest was -21.50% per year. And the median was 10.80% per year.

As of today (2026-06-29), PVH's current stock price is €62.50. PVH's E10 for the quarter that ended in Apr. 2026 was €4.95. PVH's Shiller PE Ratio of today is 12.63.

During the past 13 years, the highest Shiller PE Ratio of PVH was 34.32. The lowest was 5.42. And the median was 17.13.


PVH  (FRA:PVH) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

PVH's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=62.50/4.95
=12.63

* 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.

During the past 13 years, the highest Shiller P/E Ratio of PVH was 34.32. The lowest was 5.42. And the median was 17.13.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


PVH E10 Related Terms


PVH E10 Historical Data

* Premium members only.

The historical data trend for PVH's E10 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 E10 Chart

PVH Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.52 4.53 5.76 6.64 4.98

PVH Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
E10 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 5.89 5.99 5.59 4.98 4.95

FRA:PVH vs ZGN, COLM, UAA: E10 Comparison

For the Apparel Manufacturing subindustry, PVH's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where PVH's Shiller PE Ratio falls into.


FRA:PVH
76GF Score
PVH Corp FRA:PVH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PVH E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=1.624/333.0200*333.0200
=1.624

Current CPI (Apr. 2026) = 333.0200.

PVH Quarterly Data

per share eps CPI Adj_EPS
201607 1.005 240.628 1.391
201610 1.416 241.729 1.951
201701 1.184 242.839 1.624
201704 0.830 244.524 1.130
201707 1.318 244.786 1.793
201710 2.596 246.663 3.505
201801 1.140 247.867 1.532
201804 1.866 250.546 2.480
201807 1.815 252.006 2.398
201810 2.740 252.885 3.608
201901 1.831 251.712 2.422
201904 0.961 255.548 1.252
201907 2.301 256.571 2.987
201910 2.549 257.346 3.299
202001 -0.838 257.971 -1.082
202004 -14.140 256.389 -18.366
202007 -0.626 259.101 -0.805
202010 0.833 260.388 1.065
202101 -0.666 261.582 -0.848
202104 1.154 267.054 1.439
202107 2.123 273.003 2.590
202110 3.353 276.589 4.037
202201 4.889 281.148 5.791
202204 1.796 289.109 2.069
202207 1.691 296.276 1.901
202210 -2.923 298.012 -3.266
202301 2.023 299.170 2.252
202304 1.952 303.363 2.143
202307 1.356 305.691 1.477
202310 2.519 307.671 2.727
202401 4.177 308.417 4.510
202404 2.414 313.548 2.564
202407 2.582 314.540 2.734
202410 2.148 315.664 2.266
202501 2.734 317.671 2.866
202504 -0.783 320.795 -0.813
202507 3.968 323.048 4.090
202510 0.077 0.000
202601 -2.944 325.252 -3.014
202604 1.624 333.020 1.624

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €4.95 mean?
PVH (FRA:PVH) has a E10 of €4.95 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PVH and its competitors.
Is PVH's E10 too high?
PVH's current E10 is €4.95. Overall, PVH has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PVH's E10 compare to ZGN and COLM?
PVH's E10 of €4.95 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PVH and its competitors. PVH's current E10 is €4.95. 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?
Based on GuruFocus' analysis, PVH (FRA:PVH) is currently considered Significantly Undervalued. The stock's GF Value™ is €89.04, compared to a current price of €62.50 — trading 29.8% below its estimated fair value. The current E10 is €4.95. PVH's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For PVH (FRA:PVH), the current E10 is €4.95 as of Apr. 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 (FRA:PVH) Overvalued in 2026?

Based on GuruFocus' analysis, PVH stock appears to be undervalued. The current stock price of €62.50 is trading 29.8% below its estimated GF Value™ of €89.04. GuruFocus considers PVH to be Significantly Undervalued.

Key valuation signals for FRA:PVH:

  • E10: €4.95
  • GF Value™: €89.04 vs. price of €62.50 (29.8% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the FRA: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 FRA:PVH

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€62.50
Price
€89.04
GF Value