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Philip Morris International (MIC:PM-RM) Shiller PE Ratio : (As of Jul. 20, 2025)


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What is Philip Morris International Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Philip Morris International Shiller PE Ratio Historical Data

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

* Premium members only.

Philip Morris International Shiller PE Ratio Chart

Philip Morris International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.07 17.23 17.49 16.24 20.82

Philip Morris International Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Shiller PE 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 15.58 17.13 20.40 20.82 27.03

Competitive Comparison of Philip Morris International's Shiller PE Ratio

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


Philip Morris International's Shiller PE Ratio Distribution in the Tobacco Products Industry

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

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


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Philip Morris International Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Philip Morris International's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Philip Morris International's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.72/134.9266*134.9266
=1.720

Current CPI (Mar. 2025) = 134.9266.

Philip Morris International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 1.210 100.684 1.622
201509 1.250 100.392 1.680
201512 0.800 99.792 1.082
201603 0.980 100.470 1.316
201606 1.150 101.688 1.526
201609 1.250 101.861 1.656
201612 1.100 101.863 1.457
201703 1.020 102.862 1.338
201706 1.140 103.349 1.488
201709 1.270 104.136 1.646
201712 0.440 104.011 0.571
201803 1.000 105.290 1.281
201806 1.410 106.317 1.789
201809 1.440 106.507 1.824
201812 1.230 105.998 1.566
201903 0.870 107.251 1.095
201906 1.490 108.070 1.860
201909 1.220 108.329 1.520
201912 1.040 108.420 1.294
202003 1.170 108.902 1.450
202006 1.250 108.767 1.551
202009 1.480 109.815 1.818
202012 1.270 109.897 1.559
202103 1.550 111.754 1.871
202106 1.390 114.631 1.636
202109 1.550 115.734 1.807
202112 1.340 117.630 1.537
202203 1.500 121.301 1.668
202206 1.430 125.017 1.543
202209 1.340 125.227 1.444
202212 1.540 125.222 1.659
202303 1.280 127.348 1.356
202306 1.010 128.729 1.059
202309 1.320 129.860 1.372
202312 1.410 129.419 1.470
202403 1.380 131.776 1.413
202406 1.540 132.554 1.568
202409 1.970 133.029 1.998
202412 -0.380 133.157 -0.385
202503 1.720 134.927 1.720

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Philip Morris International  (MIC:PM-RM) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Philip Morris International Shiller PE Ratio Related Terms

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Philip Morris International Business Description

Address
677 Washington Boulevard, Suite 1100, Stamford, Connecticut, New York, NY, USA, 06901
Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, 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 has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heated tobacco product.

Philip Morris International Headlines

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