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Philip Morris InternationalXSWX:PMI 87 Shiller PE Ratio is 30.51 as of Aug. 29, 2026, which is 72% above its 10-year median of 17.72. GuruFocus rates XSWX:PMI with a GF Score™ of 87/100 and a GF Value™ of CHF128.47 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 26 Tobacco Products companies, Philip Morris International ranks worse than 80.77% on this metric.
The historical rank and industry rank for Philip Morris International's Shiller PE Ratio or its related term are showing as below:
XSWX:PMI'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.15 Med: 17.72 Max: 31.4
Current: 30.29
During the past years, Philip Morris International's highest Shiller PE Ratio was 31.40. The lowest was 12.15. And the median was 17.72.
XSWX:PMI's Shiller PE Ratio is ranked worse than 80.77% of 26
companies
in the Tobacco Products industry
Industry Median: 14.93
vs XSWX:PMI: 30.29
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Philip Morris International's adjusted earnings per share data for the three months ended in Jun. 2026 was CHF1.439. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is CHF5.08 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Philip Morris International (XSWX:PMI) 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
Philip Morris International Shiller PE Ratio 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.
Philip Morris International Shiller PE Ratio Chart
XSWX:PMI vs MO, TPB, UVV: Shiller PE Ratio Comparison
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 Shiller PE Ratio vs 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.
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.
* 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.
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 (XSWX:PMI) has a Shiller PE Ratio of 30.51 as of Aug. 29, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Philip Morris International and its competitors. This is 72% above median its historical median of 17.72. Over the past decade, Philip Morris International's Shiller PE Ratio has ranged from 12.15 to 31.40. According to the industry distribution chart, Philip Morris International ranks #21 out of 26 companies in the Tobacco Products industry, placing it in the top 80.8%.
Is Philip Morris International's Shiller PE Ratio too high?
Philip Morris International's current Shiller PE Ratio of 30.51 is 72% above median its 10-year median of 17.72. Over the past 10 years, this metric has ranged from a low of 12.15 to a high of 31.40. The Tobacco Products industry median Shiller PE Ratio is 14.93. Philip Morris International's value of 30.51 is 104.4% above this industry median. Based on the distribution chart, Philip Morris International ranks #21 out of 26 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 Shiller PE Ratio compare to MO and TPB?
According to the Tobacco Products industry distribution chart, Philip Morris International ranks #21 out of 26 companies for Shiller PE Ratio. This places Philip Morris International in the lower half of its industry. The industry median Shiller PE Ratio is 14.93. Philip Morris International's value of 30.51 is 104.4% above this benchmark. Historically, Philip Morris International's own Shiller PE Ratio has ranged from 12.15 to 31.40 over the past decade. While the company's 10-year median is 17.72 vs. the industry median of 14.93, 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 Shiller PE Ratio for a Tobacco Products company?
The median Shiller PE Ratio among Tobacco Products companies is 14.93, based on 26 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Philip Morris International's current Shiller PE Ratio of 30.51 is 104.4% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Philip Morris International and its competitors. For the Tobacco Products industry, the median Shiller PE Ratio is 14.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philip Morris International's current Shiller PE Ratio is 30.51, which is 72% above median its own 10-year median of 17.72. 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 CHF128.47, compared to a current price of CHF155.00 — trading 20.7% above its estimated fair value. The current Shiller PE Ratio is 30.51, which is 72% above median its 10-year median of 17.72 and 104.4% above the Tobacco Products industry median of 14.93. Philip Morris International's overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Philip Morris International (XSWX:PMI), the current Shiller PE Ratio is 30.51 as of Aug. 29, 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 20.7% above its estimated GF Value™ of CHF128.47.
GuruFocus considers Philip Morris International to be Modestly Overvalued.
Key valuation signals for XSWX:PMI:
Shiller PE Ratio: 30.51 (72% above median its 10-year median of 17.72)
GF Value™: CHF128.47 vs. price of CHF155.00 (20.7% above fair value)
Industry Position: 104.4% above the Tobacco Products median (#21 of 26)
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
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