PMPhilip Morris International

$194.09

Is the price fair?

What PM's price assumes

Philip Morris International trades at 27.9× earnings against 21.5× for the median Consumer Defensive name, more expensive than its own group.

27.9

Trailing P/E · Consumer Defensive median 21.5 · 1.30× the median: the market pays up for this one

Price / sales
6.21

Price / sales · as of 2026-Q1

Free cash flow yield
4.6%

Free cash flow yield · Consumer Defensive median 6.3%

Growth the price implies
+6.8%

Growth the price implies · The price pays for +6.8% free cash flow growth a year for a decade; the business has delivered +20% a year over the last three.

Details
Consumer Defensive median P/E115 names
21.5
Free cash flow, trailing twelve months
$12.7B
Market capitalisation
$278.0B
3-year revenue growth
+8.6%
3-year free cash flow growth
+20%
What the market has paid for these earnings: 38 quarters of its own multiple × $6.96 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$88.73
Its own P/E history, median$102.45
Its own P/E history, upper quartile$115.83
52-week range$141.76 – $200.08
Today$194.09

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.