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PM Philip Morris International PE ratio, current and historical analysis

As of Jun 18, 2024, the Philip Morris International stock's PE ratio is 19.77. This results from the current EPS of $5.12 and stock price of $101.24. The P/E ratio has grown by 8% from the past four quarters average of 18.4.

PM PE ratio history

How has PM's PE ratio performed in the past

The PE ratio of Philip Morris International has averaged 18.57 over the last ten years. The current PE ratio of 19.77 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.

Average
18.57
Median
17.38
Minimum
13.14
Maximum
27.23

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

What is the average PE ratio of PM for the past years

The current PE ratio of PM is above the 3, 5 and 10-year historical averages.

3-year avg
17.2
5-year avg
16.67
10-year avg
18.57
15-year avg
17.62

PM PE vs peers

What is PM's PE ratio compared to its peers

Compared to its peer stocks MO and VGR, PM's PE ratio stands higher.

Stock name PE ratio Market cap
VGR Vector Group Ltd 9.25 $1.69B
MO Altria Group Inc 9.39 $77.26B
PM Philip Morris International Inc 19.75 $157.17B
XXII 22nd Century Group Inc N/A $5.05M

Frequently asked questions

What is Philip Morris International's PE ratio?

PM's price to earnings ratio is 19.77 as of Jun 18, 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 17.2.

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 16.67.

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 (Jun 18, 2024), Philip Morris International's stock price is $101.24. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.12. Therefore, Philip Morris International's P/E ratio for today is 19.77. PE RATIO(19.77) = STOCK PRICE($101.24) / TTM EPS($5.12)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.