Philip Morris InternationalXSWX:PMI 87 PE Ratio (TTM) is 25.70 as of Jul. 01, 2026, which is 38% above its 10-year median of 18.58. GuruFocus rates XSWX:PMI with a GF Score™ of 87/100 and a GF Value™ of CHF115.49 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 37 Tobacco Products companies, Philip Morris International ranks worse than 81.08% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-01), Philip Morris International's share price is
CHF146.00.
Philip Morris International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF5.68. Therefore, Philip Morris International's PE Ratio (TTM) for today is 25.70.
The historical rank and industry rank for Philip Morris International's PE Ratio (TTM) or its related term are showing as below:
XSWX:PMI'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 13.22 Med: 18.58 Max: 38.01
Current: 25.44
During the past 13 years, the highest PE Ratio (TTM) of Philip Morris International was 38.01. The lowest was 13.22. And the median was 18.58.
XSWX:PMI's PE Ratio (TTM) is ranked worse than 81.08% of 37
companies
in the Tobacco Products industry
Industry Median: 14.75
vs XSWX:PMI: 25.44
During the past 12 months, Philip Morris International's average EPS without NRIGrowth Rate was 14.90% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 9.10% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 6.00% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 4.70% per year.
During the past 13 years, Philip Morris International's highest 3-Year average EPS without NRI Growth Rate was 17.10% per year. The lowest was -6.00% per year. And the median was 5.00% per year.
Philip Morris International (XSWX:PMI) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items 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 (TTM).
Philip Morris International PE Ratio (TTM) Related Terms
Philip Morris International PE Ratio (TTM) 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.
XSWX:PMI vs MO, TPB, UVV: PE Ratio (TTM) Comparison
For the Tobacco subindustry, Philip Morris International's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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 PE Ratio (TTM) vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Philip Morris International's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Philip Morris International's PE Ratio (TTM) falls into.
Philip Morris International PE Ratio (TTM) Calculation
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Philip Morris International's Share Price of today is CHF146.00.
Philip Morris International's Earnings per Share (Diluted) 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 CHF5.68.
* 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:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Philip Morris International (XSWX:PMI) has a PE Ratio (TTM) of 25.70 as of Jul. 01, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Philip Morris International and its competitors. This is 38% above median its historical median of 18.58. Over the past decade, Philip Morris International's PE Ratio (TTM) has ranged from 13.22 to 38.01. According to the industry distribution chart, Philip Morris International ranks #30 out of 37 companies in the Tobacco Products industry, placing it in the top 81.1%.
Is Philip Morris International's PE Ratio (TTM) too high?
Philip Morris International's current PE Ratio (TTM) of 25.70 is 38% above median its 10-year median of 18.58. Over the past 10 years, this metric has ranged from a low of 13.22 to a high of 38.01. The Tobacco Products industry median PE Ratio (TTM) is 14.75. Philip Morris International's value of 25.70 is 74.2% above this industry median. Based on the distribution chart, Philip Morris International ranks #30 out of 37 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Philip Morris International has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philip Morris International's PE Ratio (TTM) compare to MO and TPB?
According to the Tobacco Products industry distribution chart, Philip Morris International ranks #30 out of 37 companies for PE Ratio (TTM). This places Philip Morris International in the lower half of its industry. The industry median PE Ratio (TTM) is 14.75. Philip Morris International's value of 25.70 is 74.2% above this benchmark. Historically, Philip Morris International's own PE Ratio (TTM) has ranged from 13.22 to 38.01 over the past decade. While the company's 10-year median is 18.58 vs. the industry median of 14.75, 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 PE Ratio (TTM) for a Tobacco Products company?
The median PE Ratio (TTM) among Tobacco Products companies is 14.75, based on 37 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Philip Morris International's current PE Ratio (TTM) of 25.70 is 74.2% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Philip Morris International and its competitors. For the Tobacco Products industry, the median PE Ratio (TTM) is 14.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philip Morris International's current PE Ratio (TTM) is 25.70, which is 38% above median its own 10-year median of 18.58. 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 Modestly Overvalued. The stock's GF Value™ is CHF115.49, compared to a current price of CHF146.00 — trading 26.4% above its estimated fair value. The current PE Ratio (TTM) is 25.70, which is 38% above median its 10-year median of 18.58 and 74.2% above the Tobacco Products industry median of 14.75. Philip Morris International's overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Philip Morris International (XSWX:PMI), the current PE Ratio (TTM) is 25.70 as of Jul. 01, 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 CHF146.00 is trading 26.4% above its estimated GF Value™ of CHF115.49.
GuruFocus considers Philip Morris International to be Modestly Overvalued.
Key valuation signals for XSWX:PMI:
PE Ratio (TTM): 25.70 (38% above median its 10-year median of 18.58)
GF Value™: CHF115.49 vs. price of CHF146.00 (26.4% above fair value)
Industry Position: 74.2% above the Tobacco Products median (#30 of 37)
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.
87GF Score
Get the complete analysis for XSWX:PMI
PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:PMI has been successfully added to your 
