The P/E ratio for Altria Group stock stands at 9.04 as of Apr 18, 2024. This takes into account the latest EPS of $4.57 and stock price of $41.3. A decrease of 17% has been observed in the PE ratio compared to its average of 10.9 of the past four quarters.
Over the last ten years, the average PE ratio of Altria Group has been 20.94. The current 9.04 price-to-earnings ratio is 57% less than the historical average. Analyzing the last ten years, MO's PE ratio reached its highest point in the Sep 2020 quarter at 99.08, with a price of $38.64 and an EPS of $0.39. The Sep 2017 quarter saw the lowest point at 7.95, with a price of $63.42 and an EPS of $7.98.
Maximum annual increase: 107.08% in 2021
Maximum annual decrease: -59.49% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.83 | -38.38% |
| 2022 | 14.33 | -59.49% |
| 2021 | 35.37 | 107.08% |
| 2020 | 17.08 | N/A |
| 2019 | N/A | N/A |
| 2018 | 13.38 | -0.52% |
| 2017 | 13.45 | 44.78% |
| 2016 | 9.29 | -57.39% |
| 2015 | 21.8 | 13.25% |
| 2014 | 19.25 | 13.3% |
The current PE ratio of MO is under its 3, 5 and 10-year averages.
When compared to its peer PM, MO's PE ratio is lower, but it is higher than VGR's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VGR Vector Group Ltd | 8.68 | $1.6B |
| MO Altria Group Inc | 9.18 | $73.99B |
| PM Philip Morris International Inc | 18.34 | $142.95B |
| XXII 22nd Century Group Inc | N/A | $5.85M |
The price to earnings ratio for MO stock as of Apr 18, 2024, stands at 9.04.
As an average over the last 3 years, MO stock has a PE ratio of 21.29.
As an average over the last 5 years, MO stock has a PE ratio of 26.84.
The highest quarterly PE ratio in the last ten years has been 99.08 and it was in the Sep 2020 quarter.
MO's price to earnings ratio is currently 57% below its 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 18, 2024), Altria Group's share price is $41.3. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.57. Therefore, Altria Group's price to earnings ratio for today is 9.04. PE RATIO(9.04) = STOCK PRICE($41.3) / TTM EPS($4.57)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.