Altria Group (XSWX:MO) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Altria Group Forward PE Ratio Related Terms
Altria Group Forward PE Ratio Historical Data
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The historical data trend for Altria Group's Forward PE Ratio can be seen below:
* 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.
Altria Group Forward PE Ratio Chart
Altria Group Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
Forward PE Ratio
19.34
20.41
20.16
11.47
11.31
12.27
11.42
10.47
Altria Group Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2026-03
Forward PE Ratio
19.34
24.75
22.32
19.01
20.41
23.09
22.83
17.83
20.16
15.34
14.16
14.20
11.47
13.50
11.74
11.11
11.31
11.52
12.09
11.89
12.27
11.64
11.85
11.31
11.42
11.19
10.79
10.22
10.47
10.26
11.76
XSWX:MO vs TPB, UVV, AIIR: Forward PE Ratio Comparison
For the Tobacco subindustry, Altria Group's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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.
Altria Group Forward PE Ratio vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Altria Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Altria Group's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Altria Group (XSWX:MO) has a Forward PE Ratio of 12.94 as of Jul. 12, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Altria Group and its competitors. According to the industry distribution chart, Altria Group ranks #14 out of 24 companies in the Tobacco Products industry, placing it in the top 58.3%.
Is Altria Group's Forward PE Ratio too high?
Altria Group's current Forward PE Ratio is 12.94. The Tobacco Products industry median Forward PE Ratio is 12.14. Altria Group's value of 12.94 is 6.6% above this industry median. Based on the distribution chart, Altria Group ranks #14 out of 24 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, Altria Group has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Altria Group's Forward PE Ratio compare to TPB and UVV?
According to the Tobacco Products industry distribution chart, Altria Group ranks #14 out of 24 companies for Forward PE Ratio. This places Altria Group in the lower half of its industry. The industry median Forward PE Ratio is 12.14. Altria Group's value of 12.94 is 6.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Tobacco Products company?
The median Forward PE Ratio among Tobacco Products companies is 12.14, based on 24 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Altria Group's current Forward PE Ratio of 12.94 is 6.6% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Altria Group and its competitors. For the Tobacco Products industry, the median Forward PE Ratio is 12.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altria Group's current Forward PE Ratio is 12.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altria Group stock overvalued right now?
Altria Group (XSWX:MO) has a current Forward PE Ratio of 12.94. The stock's GF Value™ is CHF44.03, compared to a current price of CHF57.80 — trading 31.3% above its estimated fair value. The current Forward PE Ratio is 12.94 and 6.6% above the Tobacco Products industry median of 12.14. Altria Group's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Altria Group (XSWX:MO), the current Forward PE Ratio is 12.94 as of Jul. 12, 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 Altria Group (XSWX:MO) Overvalued in 2026?
Based on GuruFocus' analysis, Altria Group stock appears to be overvalued.
The current stock price of CHF57.80 is trading 31.3% above its estimated GF Value™ of CHF44.03.
Key valuation signals for XSWX:MO:
Forward PE Ratio: 12.94
GF Value™: CHF44.03 vs. price of CHF57.80 (31.3% above fair value)
Industry Position: 6.6% above the Tobacco Products median (#14 of 24)
No single metric tells the full story. See the XSWX:MO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations. Through its tobacco subsidiaries, Altria maintains the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the US with 40% share in 2024. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev, and a 41% stake in cannabis manufacturer Cronos. In reduced-risk products, it acquired vaping company Njoy Holdings in 2023, operates a joint venture with Japan Tobacco in the heated tobacco category for the US, and sells the On brand in nicotine pouches.
74GF Score
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