Philip Morris International is trading with a PEG ratio of 1.24, based on Oct 27, 2026 data. Dividing the 29.58 PE ratio by the 23.9% earnings growth rate yields this valuation metric. Relative to the 0.72 average from the previous four quarters, the PEG ratio has soared by 73%.
Historically, Philip Morris International shows a PEG ratio averaging 2.52 across the past ten years. At 1.24, today's PE to growth ratio sits 51% below its historical average. The ten years high occurred in the Dec 2016 quarter at 14.59, reflecting maximum valuation relative to growth. The minimum was hit in the Dec 2025 quarter at 0.36, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.36 | 22.06 | 60.5% |
| 2024 | N/A | 26.57 | -9.8% |
| 2023 | N/A | 18.74 | -13.7% |
| 2022 | N/A | 17.39 | -0.2% |
| 2021 | 1.25 | 16.3 | 13% |
| 2020 | 1.35 | 16.04 | 11.9% |
| 2019 | N/A | 18.46 | -9.3% |
| 2018 | 0.43 | 13.14 | 30.9% |
| 2017 | N/A | 27.23 | -13.4% |
| 2016 | 14.59 | 20.42 | 1.4% |
| 2015 | N/A | 19.89 | -7.1% |
| 2014 | N/A | 17.11 | -9.5% |
| 2013 | 9.74 | 16.56 | 1.7% |
| 2012 | 2.45 | 16.18 | 6.6% |
| 2011 | 0.69 | 16.18 | 23.4% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 1.17 | 27.86 | 23.9% |
| Jun 2026 | 0.82 | 25.99 | 31.8% |
| Mar 2026 | 0.51 | 23.25 | 46% |
| Dec 2025 | 0.36 | 22.06 | 60.5% |
| Sep 2025 | N/A | 29.33 | -12.4% |
| Jun 2025 | N/A | 34.49 | -6.5% |
| Mar 2025 | N/A | 32.59 | -4.9% |
| Dec 2024 | N/A | 26.57 | -9.8% |
| Sep 2024 | 0.86 | 19.24 | 22.5% |
| Jun 2024 | 1.93 | 17.93 | 9.3% |
| Mar 2024 | N/A | 17.89 | -8.6% |
| Dec 2023 | N/A | 18.74 | -13.7% |
| Sep 2023 | N/A | 17.98 | -8.4% |
| Jun 2023 | N/A | 18.88 | -11.3% |
| Mar 2023 | N/A | 17.37 | -3.1% |
PM's PEG ratio today is higher than its 3-year average, though it is below the 5 and 10-year averages.
Philip Morris International's PEG of 1.24 is above the Consumer Defensive sector average. Compared to its Consumer Defensive sector average of 0.84, Philip Morris International's PEG is 48% higher.
PM's Oct 27, 2026 PEG ratio comes in at 1.24.
PM's 3-year PEG ratio average stands at 0.94.
PM's 5-year PEG ratio average stands at 1.91.
In the last ten years, PM's peak PEG ratio of 14.59 was recorded in the Dec 2016 quarter.
Compared to the 10-year average, PM's PEG ratio is 51% lower.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Oct 27, 2026, Philip Morris International has a P/E ratio of 29.58. Earnings grew at 23.9% over the TTM period ending Sep 2026. Applying the formula, this produces a price to earnings growth ratio of 1.24. PEG RATIO(1.24) = PE RATIO(29.58) / EPS GROWTH(23.9%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.