Philip Morris International (WBO:PMOR) PB Ratio: (As of Jun. 25, 2026)


WBO:PMOR Philip Morris International Inc WBO:PMOR
83 GF Score
Price €156.70
GF Value €125.30
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Philip Morris International PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-25), Philip Morris International's share price is €156.70. Philip Morris International's Book Value per Share for the quarter that ended in Mar. 2026 was €-5.15. Hence, Philip Morris International's PB Ratio of today is .

The historical rank and industry rank for Philip Morris International's PB Ratio or its related term are showing as below:

WBO:PMOR's PB Ratio is not ranked *
in the Tobacco Products industry.
Industry Median: 2.76
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was -3.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Philip Morris International was 14.10% per year. The lowest was -67.10% per year. And the median was -2.40% per year.

Back to Basics: PB Ratio


Philip Morris International  (WBO:PMOR) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Philip Morris International PB Ratio Related Terms


Philip Morris International PB Ratio Historical Data

* Premium members only.

The historical data trend for Philip Morris International's PB 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.

Philip Morris International PB Ratio Chart

Philip Morris International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Philip Morris International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

WBO:PMOR vs MO, TPB, UVV: PB Ratio Comparison

For the Tobacco subindustry, Philip Morris International's PB Ratio, along with its competitors' market caps and PB 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.


Philip Morris International PB Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Philip Morris International's PB Ratio distribution charts can be found below:

* The bar in red indicates where Philip Morris International's PB Ratio falls into.


WBO:PMOR
83GF Score
Philip Morris International Inc WBO:PMOR
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Philip Morris International PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Philip Morris International's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=156.70/-5.15
=

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Is Philip Morris International (WBO:PMOR) Overvalued in 2026?

Based on GuruFocus' analysis, Philip Morris International stock appears to be overvalued. The current stock price of €156.70 is trading 25.1% above its estimated GF Value™ of €125.30. GuruFocus considers Philip Morris International to be Modestly Overvalued.

Key valuation signals for WBO:PMOR:

  • PB Ratio:
  • GF Value™: €125.30 vs. price of €156.70 (25.1% above fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the WBO:PMOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Philip Morris International Business Description

Address 677 Washington Boulevard, Suite 1100, Stamford, CT, USA, 06901
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.
83GF Score

Get the complete analysis for WBO:PMOR

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€156.70
Price
€125.30
GF Value