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Philip Morris InternationalXSWX:PMI 86 EV-to-EBIT is 21.89 as of Jul. 22, 2026, which is 40% above its 10-year median of 15.68. GuruFocus rates XSWX:PMI with a GF Score™ of 86/100 and a GF Value™ of CHF118.25 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 39 Tobacco Products companies, Philip Morris International ranks worse than 89.74% on this metric.
Philip Morris International (XSWX:PMI) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Philip Morris International's Enterprise Value for the quarter that ended in Mar. 2026 was CHF242,334 Mil.
Philip Morris International's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF12,637 Mil.
* 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.
Philip Morris International EV-to-EBIT Related Terms
Philip Morris International EV-to-EBIT Historical Data
* 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.
For the Tobacco subindustry, Philip Morris International's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
Philip Morris International EV-to-EBIT vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Philip Morris International's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Philip Morris International's EV-to-EBIT falls into.
Philip Morris International's current Enterprise Value is CHF276,666 Mil.
Philip Morris International's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF12,637 Mil.
* 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.
Philip Morris International (XSWX:PMI) has a EV-to-EBIT of 21.89 as of Jul. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Philip Morris International and its competitors. This is 40% above median its historical median of 15.68. Over the past decade, Philip Morris International's EV-to-EBIT has ranged from 10.75 to 23.10. According to the industry distribution chart, Philip Morris International ranks #35 out of 39 companies in the Tobacco Products industry, placing it in the top 89.7%.
Is Philip Morris International's EV-to-EBIT too high?
Philip Morris International's current EV-to-EBIT of 21.89 is 40% above median its 10-year median of 15.68. Over the past 10 years, this metric has ranged from a low of 10.75 to a high of 23.10. The Tobacco Products industry median EV-to-EBIT is 10.28. Philip Morris International's value of 21.89 is 112.9% above this industry median. Based on the distribution chart, Philip Morris International ranks #35 out of 39 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Philip Morris International has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philip Morris International's EV-to-EBIT compare to MO and TPB?
According to the Tobacco Products industry distribution chart, Philip Morris International ranks #35 out of 39 companies for EV-to-EBIT. This places Philip Morris International in the lower half of its industry. The industry median EV-to-EBIT is 10.28. Philip Morris International's value of 21.89 is 112.9% above this benchmark. Historically, Philip Morris International's own EV-to-EBIT has ranged from 10.75 to 23.10 over the past decade. While the company's 10-year median is 15.68 vs. the industry median of 10.28, Philip Morris International 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 EV-to-EBIT for a Tobacco Products company?
The median EV-to-EBIT among Tobacco Products companies is 10.28, based on 39 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Philip Morris International's current EV-to-EBIT of 21.89 is 112.9% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Philip Morris International and its competitors. For the Tobacco Products industry, the median EV-to-EBIT is 10.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philip Morris International's current EV-to-EBIT is 21.89, which is 40% above median its own 10-year median of 15.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philip Morris International stock overvalued right now?
Based on GuruFocus' analysis, Philip Morris International (XSWX:PMI) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF118.25, compared to a current price of CHF155.00 — trading 31.1% above its estimated fair value. The current EV-to-EBIT is 21.89, which is 40% above median its 10-year median of 15.68 and 112.9% above the Tobacco Products industry median of 10.28. Philip Morris International's overall GF Score™ is 86/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Philip Morris International (XSWX:PMI), the current EV-to-EBIT is 21.89 as of Jul. 22, 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 Philip Morris International (XSWX:PMI) Overvalued in 2026?
Based on GuruFocus' analysis, Philip Morris International stock appears to be overvalued.
The current stock price of CHF155.00 is trading 31.1% above its estimated GF Value™ of CHF118.25.
GuruFocus considers Philip Morris International to be Significantly Overvalued.
Key valuation signals for XSWX:PMI:
EV-to-EBIT: 21.89 (40% above median its 10-year median of 15.68)
GF Value™: CHF118.25 vs. price of CHF155.00 (31.1% above fair value)
Industry Position: 112.9% above the Tobacco Products median (#35 of 39)
No single metric tells the full story. See the XSWX:PMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heat sticks, vapes, and oral nicotine offerings, primarily outside of the US. With the 2023 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI is not only dominant in smokable products but also has the Iqos and Zyn brands, which respectively dominate heated tobacco and nicotine pouches in most markets. It also owns the Veev brand in vapes.
86GF Score
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