P/E ratio for Spectrum Brands (SPB)
P/E ratio as of March 2023 (TTM): 67.1
According to Spectrum Brands 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 67.0568. At the end of 2021 the company had a P/E ratio of 34.4.
P/E ratio history for Spectrum Brands from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 34.4 | 110.59% |
| 2020 | 16.3 | 160.93% |
| 2019 | 6.25 | -11.53% |
| 2018 | 7.07 | -15.71% |
| 2017 | 8.39 | -90.74% |
| 2016 | 90.6 | |
| 2013 | -7.28 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Fortune Brands Home & Security
FBHS | 11.2 | -83.36% | 🇺🇸 USA |
 Masco MAS | 13.0 | -80.61% | 🇺🇸 USA |
 Stanley Black & Decker
SWK | 10.6 | -84.17% | 🇺🇸 USA |
 Whirlpool WHR | -4.54 | -106.77% | 🇺🇸 USA |
 Central Garden & Pet CENT | 16.0 | -76.19% | 🇺🇸 USA |
 ScottsMiracle-Gro SMG | -8.09 | -112.07% | 🇺🇸 USA |
 NACCO Industries
NC | 4.02 | -94.01% | 🇺🇸 USA |
 EnerSys ENS | 24.8 | -62.95% | 🇺🇸 USA |
 Energizer Holdings
ENR | -9.89 | -114.75% | 🇺🇸 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.