According to Spectrum Brands 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.48644. At the end of 2022 the company had a P/E ratio of 58.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 58.6 | 70.46% |
2021 | 34.4 | 110.59% |
2020 | 16.3 | 160.93% |
2019 | 6.25 | -8.08% |
2018 | 6.80 | -19.49% |
2017 | 8.45 | -87.38% |
2016 | 66.9 | -1312.35% |
2015 | -5.52 | -64.53% |
2014 | -15.6 | 113.76% |
2013 | -7.28 | -127.76% |
2012 | 26.2 | 25.64% |
2011 | 20.9 | -495.51% |
2010 | -5.28 | -47.55% |
2009 | -10.1 | -101.69% |
2008 | 597 | 970.9% |
2007 | 55.7 | -285.01% |
2006 | -30.1 | 158.46% |
2005 | -11.7 | -131.06% |
2004 | 37.5 | -73.85% |
2003 | 143 | 1186.03% |
2002 | 11.2 | -28.09% |
2001 | 15.5 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.