PM Philip Morris International PE ratio, current and historical analysis
As of Dec 20, 2024, the Philip Morris International stock's PE ratio is 19.69. This results from the current EPS of $6.31 and stock price of $124.22. The P/E ratio has grown by 7% from the past four quarters average of 18.5.
PM PE ratio history
The PE ratio of Philip Morris International has averaged 18.66 over the last ten years. The current PE ratio of 19.69 is 6% above the historical average. Over the past ten years, PM's PE ratio was at its highest in the Dec 2017 quarter at 27.23, when the stock price was $105.65 and the EPS was $3.88. The lowest value was in the Dec 2018 quarter, when it reached 13.14 with a price of $66.76 and an EPS of $5.08.
Philip Morris International PE ratio by year
Maximum annual increase: 40.49% in 2019
Maximum annual decrease: -51.74% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 18.74 | 7.76% |
| 2022 | 17.39 | 6.69% |
| 2021 | 16.3 | 1.62% |
| 2020 | 16.04 | -13.11% |
| 2019 | 18.46 | 40.49% |
| 2018 | 13.14 | -51.74% |
| 2017 | 27.23 | 33.35% |
| 2016 | 20.42 | 2.66% |
| 2015 | 19.89 | 16.25% |
| 2014 | 17.11 | 3.32% |
PM average PE ratio chart
The current PE ratio of PM is above the 3, 5 and 10-year historical averages.
PM PE vs peers
Compared to its peer stock MO, PM's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MO Altria Group Inc | 9.08 | $91.25B |
| PM Philip Morris International Inc | 19.69 | $193.14B |
| XXII 22nd Century Group Inc | N/A | $1.7M |
Frequently asked questions
What is Philip Morris International's PE ratio?
PM's price to earnings ratio is 19.69 as of Dec 20, 2024.
What is the 3-year average PE ratio for Philip Morris International (PM)?
Over the last 3 years, the average price to earnings ratio for PM stock is 17.47.
What is the 5-year average PE ratio for Philip Morris International (PM)?
Over the last 5 years, the average price to earnings ratio for PM stock is 16.96.
What is the highest PE ratio for PM?
In the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 27.23.
How does the current PE ratio for PM compare to its historical average?
PM's price to earnings ratio is currently 6% above its 10-year historical average.
How is PM's PE ratio calculated (Philip Morris International PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), Philip Morris International's stock price is $124.22. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.31. Therefore, Philip Morris International's P/E ratio for today is 19.69. PE RATIO(19.69) = STOCK PRICE($124.22) / TTM EPS($6.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.