Is Spectrum Brands Holdings, Inc. overvalued or undervalued?

As of 22 August 2025, the valuation grade for Spectrum Brands Holdings, Inc. has moved from attractive to expensive, indicating a shift towards overvaluation. The company is currently overvalued, with a P/E ratio of 24, which is significantly higher than its peers, such as Whirlpool Corp. at 37.42 and Roku, Inc. with a negative P/E of -424.29. Additionally, the EV to EBITDA ratio stands at 10.63, while the EV to Sales ratio is 0.89, suggesting that the market is pricing the company at a premium compared to its sales.
In terms of returns, Spectrum Brands has underperformed against the S&P 500 across multiple periods, with a year-to-date return of -35.54% compared to the S&P 500's 12.22%. This trend reinforces the notion that the stock may be overvalued, as it struggles to deliver competitive returns in the current market environment.