Is Spectrum Brands Holdings, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Spectrum Brands Holdings, Inc. has moved from attractive to expensive, indicating a shift in perception regarding its market value. The company appears to be overvalued based on its P/E ratio of 24, which is significantly higher than the industry average, and an EV to EBITDA ratio of 10.63, suggesting that investors are paying a premium for its earnings before interest, taxes, depreciation, and amortization. Additionally, the Price to Book Value stands at 1.09, further reinforcing the notion that the stock is priced above its book value.
In comparison to peers, Spectrum Brands has a higher P/E ratio than Whirlpool Corp., which stands at 37.42, and a similar EV to EBITDA ratio to Roku, Inc. at 66.82, both of which are considered risky investments. The company's recent stock performance shows a stark contrast to the S&P 500, with a year-to-date return of -36.43% compared to the index's 13.30%, highlighting the challenges it faces in the current market environment. Overall, these metrics suggest that Spectrum Brands Holdings, Inc. is overvalued relative to its financial performance and market conditions.