Spectrum Brands Holdings (MEX:SPB) Cyclically Adjusted PB Ratio: 1.50 (As of Jul. 12, 2026) — 27% Below Median


MEX:SPB Spectrum Brands Holdings Inc MEX:SPB
76 GF Score
Price MXN1,845.00
GF Value MXN2,479.27
! 7 Warning Signs
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What is Spectrum Brands Holdings Cyclically Adjusted PB Ratio?

Spectrum Brands Holdings MEX:SPB 76 Cyclically Adjusted PB Ratio is 1.50 as of Jul. 12, 2026, which is 27% below its 10-year median of 2.06. GuruFocus rates MEX:SPB with a GF Score™ of 76/100 and a GF Value™ of MXN2,479.27. The stock has 7 warning signs investors should review. Among 1,445 Consumer Packaged Goods companies, Spectrum Brands Holdings ranks worse than 60.21% on this metric.

As of today (2026-07-12), Spectrum Brands Holdings's current share price is MXN1845.00. Spectrum Brands Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN1,229.17. Spectrum Brands Holdings's Cyclically Adjusted PB Ratio for today is 1.50.

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

MEX:SPB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 2.06   Max: 2.96
Current: 1.7

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 2.06.

MEX:SPB's Cyclically Adjusted PB Ratio is ranked worse than
60.21% of 1445 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs MEX:SPB: 1.70

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 Mar. 2026 was MXN1,477.424. 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 MXN1,229.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spectrum Brands Holdings  (MEX:SPB) 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 2.70 1.08 2.14 2.37 1.16

Spectrum Brands Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.70 1.22 1.16 1.27 1.50

MEX:SPB 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.


MEX:SPB
76GF Score
Spectrum Brands Holdings Inc MEX:SPB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=1845.00/1229.17
=1.50

* 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 Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1477.424/330.2130*330.2130
=1,477.424

Current CPI (Mar. 2026) = 330.2130.

Spectrum Brands Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 319.242 241.018 437.386
201609 383.334 241.428 524.305
201612 352.140 241.432 481.631
201703 354.358 243.801 479.955
201706 410.067 244.955 552.793
201709 427.742 246.819 572.265
201712 497.983 246.524 667.036
201803 385.918 249.554 510.652
201806 385.711 251.989 505.446
201809 553.899 252.439 724.550
201812 513.819 251.233 675.348
201903 762.842 254.202 990.946
201906 737.889 256.143 951.268
201909 696.189 256.759 895.356
201912 599.061 256.974 769.797
202003 660.515 258.115 845.013
202006 737.395 257.797 944.532
202009 721.200 260.280 914.975
202012 668.828 260.474 847.899
202103 712.132 264.877 887.790
202106 701.336 271.696 852.387
202109 724.048 274.310 871.605
202112 670.215 278.802 793.802
202203 645.302 287.504 741.162
202206 644.023 296.311 717.708
202209 622.776 296.808 692.868
202212 586.197 296.797 652.196
202303 519.735 301.836 568.598
202306 1,228.742 305.109 1,329.841
202309 1,242.318 307.789 1,332.827
202312 1,266.354 306.746 1,363.234
202403 1,265.408 312.332 1,337.853
202406 1,362.569 314.175 1,432.125
202409 1,500.177 315.301 1,571.127
202412 1,548.925 315.605 1,620.618
202503 1,524.015 319.799 1,573.643
202506 1,461.424 322.561 1,496.093
202509 1,478.140 324.800 1,502.774
202512 1,467.735 324.054 1,495.631
202603 1,477.424 330.213 1,477.424

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 1.50 mean?
Spectrum Brands Holdings (MEX:SPB) has a Cyclically Adjusted PB Ratio of 1.50 as of Jul. 12, 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 27% below median its historical median of 2.06. 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 #870 out of 1445 companies in the Consumer Packaged Goods industry, placing it in the top 60.2%.
Is Spectrum Brands Holdings' Cyclically Adjusted PB Ratio too high?
Spectrum Brands Holdings' current Cyclically Adjusted PB Ratio of 1.50 is 27% below median its 10-year median of 2.06. 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 1.50 is 20% above this industry median. Based on the distribution chart, Spectrum Brands Holdings ranks #870 out of 1445 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Spectrum Brands Holdings has a GF Score™ of 76/100, 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 #870 out of 1445 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 1.50 is 20% 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 2.06 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 1,445 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 1.50 is 20% 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 1.50, which is 27% below median its own 10-year median of 2.06. 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?
Spectrum Brands Holdings (MEX:SPB) has a current Cyclically Adjusted PB Ratio of 1.50. The stock's GF Value™ is MXN2,479.27, compared to a current price of MXN1,845.00 — trading 25.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.50, which is 27% below median its 10-year median of 2.06 and 20% 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 (MEX:SPB), the current Cyclically Adjusted PB Ratio is 1.50 as of Jul. 12, 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 (MEX:SPB) Overvalued in 2026?

Based on GuruFocus' analysis, Spectrum Brands Holdings stock appears to be undervalued. The current stock price of MXN1,845.00 is trading 25.6% below its estimated GF Value™ of MXN2,479.27.

Key valuation signals for MEX:SPB:

  • Cyclically Adjusted PB Ratio: 1.50 (27% below median its 10-year median of 2.06)
  • GF Value™: MXN2,479.27 vs. price of MXN1,845.00 (25.6% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 20% above the Consumer Packaged Goods median (#870 of 1445)

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


Spectrum Brands Holdings Business Description

Other Exchanges SPB:USAH221:Germany
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 MEX:SPB

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

MXN1,845.00
Price
MXN2,479.27
GF Value