Spectrum Brands Holdings (MEX:SPB) Cyclically Adjusted PB Ratio: 1.68 (As of Aug. 11, 2026) — 19% Below Median

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MEX:SPB Spectrum Brands Holdings Inc MEX:SPB
82 GF Score
Price MXN1,845.00
GF Value MXN2,030.38
! 7 Warning Signs
View Full Analysis

What is Spectrum Brands Holdings Cyclically Adjusted PB Ratio?

Spectrum Brands Holdings MEX:SPB 82 Cyclically Adjusted PB Ratio is 1.68 as of Aug. 11, 2026, which is 19% below its 10-year median of 2.07. GuruFocus rates MEX:SPB with a GF Score™ of 82/100 and a GF Value™ of MXN2,030.38. The stock has 7 warning signs investors should review. Among 1,407 Consumer Packaged Goods companies, Spectrum Brands Holdings ranks worse than 60.63% on this metric.

As of today (2026-08-11), 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 Jun. 2026 was MXN1,098.61. Spectrum Brands Holdings's Cyclically Adjusted PB Ratio for today is 1.68.

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: 2.07   Max: 2.96
Current: 1.72

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 2.07.

MEX:SPB's Cyclically Adjusted PB Ratio is ranked worse than
60.63% of 1407 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs MEX:SPB: 1.72

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 MXN1,396.449. 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 MXN1,098.61 for the trailing ten years ended in Jun. 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
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 1.22 1.16 1.27 1.50 1.68

MEX:SPB vs NWL, COTY, 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
82GF Score
Spectrum Brands Holdings Inc MEX:SPB
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
=1845.00/1098.61
=1.68

* 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)
=1396.449/333.9520*333.9520
=1,396.449

Current CPI (Jun. 2026) = 333.9520.

Spectrum Brands Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 383.334 241.428 530.242
201612 352.140 241.432 487.085
201703 354.358 243.801 485.390
201706 410.067 244.955 559.052
201709 427.742 246.819 578.745
201712 497.983 246.524 674.589
201803 385.918 249.554 516.434
201806 385.711 251.989 511.169
201809 553.899 252.439 732.754
201812 513.819 251.233 682.995
201903 762.842 254.202 1,002.166
201906 737.889 256.143 962.039
201909 696.189 256.759 905.494
201912 599.061 256.974 778.513
202003 660.515 258.115 854.582
202006 737.395 257.797 955.227
202009 721.200 260.280 925.335
202012 668.828 260.474 857.500
202103 712.132 264.877 897.843
202106 701.336 271.696 862.039
202109 724.048 274.310 881.475
202112 670.215 278.802 802.791
202203 645.302 287.504 749.554
202206 644.023 296.311 725.835
202209 622.776 296.808 700.713
202212 586.197 296.797 659.581
202303 519.735 301.836 575.036
202306 1,228.742 305.109 1,344.899
202309 1,242.318 307.789 1,347.919
202312 1,266.354 306.746 1,378.670
202403 1,265.408 312.332 1,353.001
202406 1,362.569 314.175 1,448.341
202409 1,500.177 315.301 1,588.917
202412 1,548.925 315.605 1,638.968
202503 1,524.015 319.799 1,591.462
202506 1,461.424 322.561 1,513.033
202509 1,478.140 324.800 1,519.790
202512 1,467.735 324.054 1,512.566
202603 1,477.424 330.213 1,494.153
202606 1,396.449 333.952 1,396.449

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 1.68 mean?
Spectrum Brands Holdings (MEX:SPB) has a Cyclically Adjusted PB Ratio of 1.68 as of Aug. 11, 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 19% below median its historical median of 2.07. 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 #853 out of 1407 companies in the Consumer Packaged Goods industry, placing it in the top 60.6%.
Is Spectrum Brands Holdings' Cyclically Adjusted PB Ratio too high?
Spectrum Brands Holdings' current Cyclically Adjusted PB Ratio of 1.68 is 19% below median its 10-year median of 2.07. 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 1.26. Spectrum Brands Holdings' value of 1.68 is 33.3% above this industry median. Based on the distribution chart, Spectrum Brands Holdings ranks #853 out of 1407 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Spectrum Brands Holdings has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Spectrum Brands Holdings' Cyclically Adjusted PB Ratio compare to NWL and COTY?
According to the Consumer Packaged Goods industry distribution chart, Spectrum Brands Holdings ranks #853 out of 1407 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 1.26. Spectrum Brands Holdings' value of 1.68 is 33.3% 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 2.07 vs. the industry median of 1.26, 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 1.26, based on 1,407 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 1.68 is 33.3% 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 1.26 — 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 1.68, which is 19% below median its own 10-year median of 2.07. 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 1.68. The stock's GF Value™ is MXN2,030.38, compared to a current price of MXN1,845.00 — trading 9.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.68, which is 19% below median its 10-year median of 2.07 and 33.3% above the Consumer Packaged Goods industry median of 1.26. Spectrum Brands Holdings' overall GF Score™ is 82/100 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 1.68 as of Aug. 11, 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 9.1% below its estimated GF Value™ of MXN2,030.38.

Key valuation signals for MEX:SPB:

  • Cyclically Adjusted PB Ratio: 1.68 (19% below median its 10-year median of 2.07)
  • GF Value™: MXN2,030.38 vs. price of MXN1,845.00 (9.1% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 33.3% above the Consumer Packaged Goods median (#853 of 1407)

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.
82GF 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
MXN2,030.38
GF Value