U.S. Markets closed

How Hanesbrands’ Valuation Compares with Its Peers

Victoria Dean
How Hanesbrands’ Valuation Compares with Its Peers

On October 9, Hanesbrands’ (HBI) 12-month forward PE (price-to-earnings) ratio was 9.6x. VF Corporation (VFC), Ralph Lauren (RL), Michael Kors (KORS), and PVH Corp. (PVH) reported higher PE ratios of 23.8x, 18.3x, 12.9x, and 13.5x, respectively. Growth projections