Is Spectrum Brands Holdings, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Spectrum Brands Holdings, Inc. moved from attractive to expensive, indicating a shift in perception regarding its market value. The company appears to be overvalued, as evidenced by its P/E ratio of 24, which is higher than the industry average, and an EV to EBITDA ratio of 10.63, also above the peer average. Additionally, the Price to Book Value stands at 1.09, suggesting that investors are paying a premium relative to the company's book value.
In comparison to its peers, Spectrum Brands has a P/E ratio of 24.11, while Whirlpool Corp. shows a significantly higher P/E of 37.42, and IMAX Corp. has a P/E of 34.92, both indicating a higher valuation in the market. The EV to EBITDA ratio for Spectrum Brands is slightly lower than that of Roku, Inc., which is at 66.82, but still reflects a premium valuation. Although specific return data is not available, the lack of recent stock performance details against the S&P 500 may suggest that the company's valuation does not align with market expectations.