Spectrum Brands Holdings (FRA:H221) Cyclically Adjusted PB Ratio: 1.40 (As of Sep. 17, 2026) — 32% Below Median

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FRA:H221 Spectrum Brands Holdings Inc FRA:H221
76 GF Score
Price €73.50
GF Value €80.78
Valuation Fairly Valued
! 7 Warning Signs
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What is Spectrum Brands Holdings Cyclically Adjusted PB Ratio?

Spectrum Brands Holdings FRA:H221 +0.68% 76 Cyclically Adjusted PB Ratio is 1.40 as of Sep. 17, 2026, which is 32% below its 10-year median of 2.05. GuruFocus rates FRA:H221 with a GF Score™ of 76/100 and a GF Value™ of €80.78 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,268 Consumer Packaged Goods companies, Spectrum Brands Holdings ranks worse than 60.41% on this metric.

As of today (2026-09-17), Spectrum Brands Holdings's current share price is €73.50. Spectrum Brands Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €52.46. Spectrum Brands Holdings's Cyclically Adjusted PB Ratio for today is 1.40.

The historical rank and industry rank for Spectrum Brands Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:H221' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 2.05   Max: 2.96
Current: 1.69

During the past years, Spectrum Brands Holdings's highest Cyclically Adjusted PB Ratio was 2.96. The lowest was 0.74. And the median was 2.05.

FRA:H221's Cyclically Adjusted PB Ratio is ranked worse than
60.41% of 1268 companies
in the Consumer Packaged Goods industry
Industry Median: 1.245 vs FRA:H221: 1.69

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Spectrum Brands Holdings's adjusted book value per share data for the three months ended in Jun. 2026 was €72.654. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €52.46 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spectrum Brands Holdings  (FRA:H221) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Spectrum Brands Holdings Cyclically Adjusted PB Ratio Related Terms


Spectrum Brands Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Spectrum Brands Holdings's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Spectrum Brands Holdings Cyclically Adjusted PB Ratio Chart

Spectrum Brands Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 0.88 1.50 1.67 0.85

Spectrum Brands Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.89 1.01 1.23 1.42

FRA:H221 vs COTY, NWL, EPC: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Spectrum Brands Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spectrum Brands Holdings Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Spectrum Brands Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Spectrum Brands Holdings's Cyclically Adjusted PB Ratio falls into.


FRA:H221
76GF Score
Spectrum Brands Holdings Inc FRA:H221
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spectrum Brands Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Spectrum Brands Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=73.50/52.459
=1.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Spectrum Brands Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Spectrum Brands Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=72.654/333.9520*333.9520
=72.654

Current CPI (Jun. 2026) = 333.9520.

Spectrum Brands Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 49.941 241.428 69.080
201612 0.000 241.432 0.000
201703 51.125 243.801 70.030
201706 51.422 244.955 70.105
201709 50.904 246.819 68.874
201712 41.644 246.524 56.413
201803 33.360 249.554 44.642
201806 27.106 251.989 35.923
201809 25.629 252.439 33.905
201812 22.895 251.233 30.433
201903 35.223 254.202 46.273
201906 33.901 256.143 44.199
201909 32.497 256.759 42.267
201912 28.471 256.974 37.000
202003 25.844 258.115 33.437
202006 28.621 257.797 37.076
202009 28.013 260.280 35.942
202012 27.643 260.474 35.441
202103 29.786 264.877 37.554
202106 29.854 271.696 36.695
202109 30.457 274.310 37.079
202112 28.909 278.802 34.628
202203 29.267 287.504 33.995
202206 30.764 296.311 34.672
202209 31.752 296.808 35.726
202212 28.324 296.797 31.870
202303 26.695 301.836 29.535
202306 65.725 305.109 71.938
202309 67.381 307.789 73.109
202312 67.651 306.746 73.651
202403 70.617 312.332 75.505
202406 69.482 314.175 73.856
202409 68.292 315.301 72.332
202412 71.760 315.605 75.932
202503 68.985 319.799 72.038
202506 66.120 322.561 68.455
202509 68.289 324.800 70.213
202512 69.407 324.054 71.527
202603 71.105 330.213 71.910
202606 72.654 333.952 72.654

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 1.40 mean?
Spectrum Brands Holdings (FRA:H221) has a Cyclically Adjusted PB Ratio of 1.40 as of Sep. 17, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Spectrum Brands Holdings and its competitors. This is 32% below median its historical median of 2.05. Over the past decade, Spectrum Brands Holdings' Cyclically Adjusted PB Ratio has ranged from 0.74 to 2.96. According to the industry distribution chart, Spectrum Brands Holdings ranks #766 out of 1268 companies in the Consumer Packaged Goods industry, placing it in the top 60.4%.
Is Spectrum Brands Holdings' Cyclically Adjusted PB Ratio too high?
Spectrum Brands Holdings' current Cyclically Adjusted PB Ratio of 1.40 is 32% below median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.96. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Spectrum Brands Holdings' value of 1.40 is 12.4% above this industry median. Based on the distribution chart, Spectrum Brands Holdings ranks #766 out of 1268 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Spectrum Brands Holdings has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Spectrum Brands Holdings' Cyclically Adjusted PB Ratio compare to COTY and NWL?
According to the Consumer Packaged Goods industry distribution chart, Spectrum Brands Holdings ranks #766 out of 1268 companies for Cyclically Adjusted PB Ratio. This places Spectrum Brands Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Spectrum Brands Holdings' value of 1.40 is 12.4% above this benchmark. Historically, Spectrum Brands Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.74 to 2.96 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 1.25, Spectrum Brands Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,268 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spectrum Brands Holdings's current Cyclically Adjusted PB Ratio of 1.40 is 12.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Spectrum Brands Holdings and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectrum Brands Holdings's current Cyclically Adjusted PB Ratio is 1.40, which is 32% below median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Brands Holdings stock overvalued right now?
Based on GuruFocus' analysis, Spectrum Brands Holdings (FRA:H221) is currently considered Fairly Valued. The stock's GF Value™ is €80.78, compared to a current price of €73.50 — trading 9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.40, which is 32% below median its 10-year median of 2.05 and 12.4% above the Consumer Packaged Goods industry median of 1.25. Spectrum Brands Holdings' overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Spectrum Brands Holdings (FRA:H221), the current Cyclically Adjusted PB Ratio is 1.40 as of Sep. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spectrum Brands Holdings (FRA:H221) Overvalued in 2026?

Based on GuruFocus' analysis, Spectrum Brands Holdings stock appears to be undervalued. The current stock price of €73.50 is trading 9% below its estimated GF Value™ of €80.78. GuruFocus considers Spectrum Brands Holdings to be Fairly Valued.

Key valuation signals for FRA:H221:

  • Cyclically Adjusted PB Ratio: 1.40 (32% below median its 10-year median of 2.05)
  • GF Value™: €80.78 vs. price of €73.50 (9% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 12.4% above the Consumer Packaged Goods median (#766 of 1268)

No single metric tells the full story. See the FRA:H221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spectrum Brands Holdings Business Description

Other Exchanges SPB:USA
Address 3001 Deming Way, Middleton, WI, USA, 53562
Spectrum Brands Holdings Inc is consumer products and home essentials company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, grooming products and personal care products. The company manages the businesses in product-focused segments; Home and Personal Care, global Pet Care, and Home and Garden. The Company manufactures, markets and distributes its products globally in the North America, Europe, Middle East & Africa, Latin America, and Asia-Pacific.
76GF Score

Get the complete analysis for FRA:H221

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€73.50
Price
€80.78
GF Value