P/E ratio for Spectrum Brands (SPB)
P/E ratio as of April 2024 (TTM): 1.76
According to Spectrum Brands 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.76149. At the end of 2022 the company had a P/E ratio of 58.6.
P/E ratio history for Spectrum Brands from 2001 to 2023
PE ratio at the end of each year
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Fortune Brands Home & Security
FBHS | 11.2 | 533.38% | 🇺🇸 USA |
 Masco MAS | 19.7 | 1,020.85% | 🇺🇸 USA |
 Stanley Black & Decker
SWK | -227 | -12,991.08% | 🇺🇸 USA |
 Whirlpool WHR | -3.61 | -304.80% | 🇺🇸 USA |
 Central Garden & Pet CENT | 17.2 | 874.47% | 🇺🇸 USA |
 ScottsMiracle-Gro SMG | -10.2 | -676.34% | 🇺🇸 USA |
 NACCO Industries
NC | 11.3 | 539.81% | 🇺🇸 USA |
 EnerSys ENS | 17.4 | 890.63% | 🇺🇸 USA |
 Energizer Holdings
ENR | -8.04 | -556.67% | 🇺🇸 USA |
How to read a P/E ratio?
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.