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Philip Morris International (PM, Tobacco) Stock Valuation & Fair Value Trading above its usual valuation

Philip Morris International (PM, Tobacco) trades at a blended P/E of 22.9, about 37% above its historical normal valuation, with a forward growth estimate of 9.4% and a PEG of 2.43. Analysts' one-year estimates have been hit 100% of the time. Priced at its historical normal P/E of 16.7 on the same blended earnings, the 2026-10-02 close of $187.46 corresponds to about $137 a share. This is a valuation reference, not a price target.

Blended P/E
22.9
Normal P/E
16.7
PEG
2.43
Fwd growth
9.4%
Div yield
3.4%
RSI (14)
68.2
Neutral
Technical context
  • Price $200.50 at the 2026-10-08 close, 5.4% above the 20-day average ($190.21) and 6.5% above the 50-day ($188.25).
  • RSI (14) at 68.2.
  • 52-week range $139.40 to $200.50: the price is at the high and 43.8% above the low.

The Street vs SeerForecast

Wall Street's mean price target for PM is $208.13 across 15 analysts, 3.8% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: trading above its usual valuation. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been trading above its usual valuation since 2026-06-10.

Blended P/E and rating by weekBlended P/E moved from 22.5 to 22.9 between 2026-06-10 and 2026-10-02, against a normal P/E of 16.7, with 8 rating changes over 36 recorded weeks.2026-06-10: P/E 22.5, Trading above its usual valuation, recalculated for the week of 2026-06-102026-06-12: P/E 22.5, Trading above its usual valuation, recalculated for the week of 2026-06-142026-06-16: P/E 22.5, Trading above its usual valuation, recalculated for the week of 2026-06-162026-06-18: P/E 22.5, Trading above its usual valuation, recalculated for the week of 2026-06-212026-07-02: P/E 22.3, Trading above its usual valuation, recalculated for the week of 2026-07-022026-07-06: P/E 22.9, Trading above its usual valuation, recalculated for the week of 2026-07-062026-07-09: P/E 22.9, Trading above its usual valuation, recalculated for the week of 2026-07-092026-07-10: P/E 22.7, Trading above its usual valuation, recalculated for the week of 2026-07-122026-07-13: P/E 22.7, Trading above its usual valuation, recalculated for the week of 2026-07-132026-07-14: P/E 22.7, Trading above its usual valuation, recalculated for the week of 2026-07-142026-07-20: P/E 24.1, Significantly overvalued, recalculated for the week of 2026-07-202026-07-22: P/E 24.1, Significantly overvalued, recalculated for the week of 2026-07-222026-07-24: P/E 24.1, Significantly overvalued, recalculated for the week of 2026-07-252026-07-27: P/E 24.1, Significantly overvalued, recalculated for the week of 2026-07-272026-07-31: P/E 23.9, Significantly overvalued, recalculated for the week of 2026-07-312026-07-31: P/E 23.8, Significantly overvalued, recorded live 2026-08-032026-08-07: P/E 23.4, Trading above its usual valuation, recalculated for the week of 2026-08-072026-08-07: P/E 23.6, Significantly overvalued, recorded live 2026-08-102026-08-14: P/E 23.4, Significantly overvalued, recalculated for the week of 2026-08-142026-08-14: P/E 23.6, Significantly overvalued, recorded live 2026-08-172026-08-21: P/E 23.7, Significantly overvalued, recalculated for the week of 2026-08-212026-08-21: P/E 23.3, Trading above its usual valuation, recorded live 2026-08-242026-08-27: P/E 23.3, Trading above its usual valuation, recalculated for the week of 2026-08-272026-08-28: P/E 23.5, Significantly overvalued, recalculated for the week of 2026-08-282026-08-28: P/E 23.7, Significantly overvalued, recalculated for the week of 2026-08-302026-08-28: P/E 23.7, Significantly overvalued, recorded live 2026-08-312026-09-04: P/E 22.5, Trading above its usual valuation, recalculated for the week of 2026-09-052026-09-04: P/E 22.5, Trading above its usual valuation, recorded live 2026-09-072026-09-11: P/E 23.5, Significantly overvalued, recalculated for the week of 2026-09-122026-09-11: P/E 23.5, Significantly overvalued, recorded live 2026-09-142026-09-18: P/E 23.1, Trading above its usual valuation, recalculated for the week of 2026-09-192026-09-18: P/E 23.1, Trading above its usual valuation, recorded live 2026-09-212026-09-25: P/E 23.3, Trading above its usual valuation, recalculated for the week of 2026-09-262026-09-25: P/E 23.3, Trading above its usual valuation, recorded live 2026-09-282026-10-02: P/E 22.9, Trading above its usual valuation, recalculated for the week of 2026-10-032026-10-02: P/E 22.9, Trading above its usual valuation, recorded live 2026-10-0518.020.022.024.0Jun 10Jul 8Aug 6Sep 4Oct 2Normal P/E 16.7
Trading above its usual valuationSignificantly overvaluedLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-06-10P/E 22.5+35%Trading above its usual valuation (recalculated)
2026-07-02P/E 22.3+33%Trading above its usual valuation (recalculated)
2026-07-20P/E 24.1+44%Significantly overvalued (recalculated)
2026-08-07P/E 23.4+40%Trading above its usual valuation (recalculated)
2026-08-10P/E 23.6+41%Significantly overvalued
2026-08-24P/E 23.3+39%Trading above its usual valuation
2026-08-28P/E 23.5+41%Significantly overvalued (recalculated)
2026-09-05P/E 22.5+34%Trading above its usual valuation (recalculated)
2026-09-12P/E 23.5+40%Significantly overvalued (recalculated)
2026-09-19P/E 23.1+38%Trading above its usual valuation (recalculated)
2026-10-05P/E 22.9+37%Trading above its usual valuation ← now
Show all 36 weeks
WeekBlended P/EPremium to normal P/ERating
2026-06-10P/E 22.5+35%Trading above its usual valuation (recalculated)
2026-06-14P/E 22.5+35%Trading above its usual valuation (recalculated)
2026-06-16P/E 22.5+35%Trading above its usual valuation (recalculated)
2026-06-21P/E 22.5+35%Trading above its usual valuation (recalculated)
2026-07-02P/E 22.3+33%Trading above its usual valuation (recalculated)
2026-07-06P/E 22.9+37%Trading above its usual valuation (recalculated)
2026-07-09P/E 22.9+37%Trading above its usual valuation (recalculated)
2026-07-12P/E 22.7+36%Trading above its usual valuation (recalculated)
2026-07-13P/E 22.7+36%Trading above its usual valuation (recalculated)
2026-07-14P/E 22.7+36%Trading above its usual valuation (recalculated)
2026-07-20P/E 24.1+44%Significantly overvalued (recalculated)
2026-07-22P/E 24.1+44%Significantly overvalued (recalculated)
2026-07-25P/E 24.1+44%Significantly overvalued (recalculated)
2026-07-27P/E 24.1+44%Significantly overvalued (recalculated)
2026-07-31P/E 23.9+43%Significantly overvalued (recalculated)
2026-08-03P/E 23.8+42%Significantly overvalued
2026-08-07P/E 23.4+40%Trading above its usual valuation (recalculated)
2026-08-10P/E 23.6+41%Significantly overvalued
2026-08-14P/E 23.4+40%Significantly overvalued (recalculated)
2026-08-17P/E 23.6+41%Significantly overvalued
2026-08-21P/E 23.7+42%Significantly overvalued (recalculated)
2026-08-24P/E 23.3+39%Trading above its usual valuation
2026-08-27P/E 23.3+39%Trading above its usual valuation (recalculated)
2026-08-28P/E 23.5+41%Significantly overvalued (recalculated)
2026-08-30P/E 23.7+42%Significantly overvalued (recalculated)
2026-08-31P/E 23.7+42%Significantly overvalued
2026-09-05P/E 22.5+34%Trading above its usual valuation (recalculated)
2026-09-07P/E 22.5+34%Trading above its usual valuation
2026-09-12P/E 23.5+40%Significantly overvalued (recalculated)
2026-09-14P/E 23.5+40%Significantly overvalued
2026-09-19P/E 23.1+38%Trading above its usual valuation (recalculated)
2026-09-21P/E 23.1+38%Trading above its usual valuation
2026-09-26P/E 23.3+39%Trading above its usual valuation (recalculated)
2026-09-28P/E 23.3+39%Trading above its usual valuation
2026-10-03P/E 22.9+37%Trading above its usual valuation (recalculated)
2026-10-05P/E 22.9+37%Trading above its usual valuation ← now

Frequently asked questions

Is Philip Morris International stock overvalued?

At a blended P/E of 22.9 versus its historical normal P/E of 16.7, Philip Morris International trades about 37% above its typical valuation, with a PEG of 2.43 on 9.4% forward growth. tickerseer currently rates it trading above its usual valuation.

What is Philip Morris International's fair value and PEG?

Philip Morris International trades at a blended P/E of 22.9 against a historical normal P/E of 16.7, a PEG of 2.43, and a forward growth estimate of 9.4%. Priced at its historical normal P/E of 16.7 on the same blended earnings, the 2026-10-02 close of $187.46 corresponds to about $137 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Philip Morris International changed?

tickerseer's rating has been trading above its usual valuation since 2026-06-10.

What is the analyst price target for Philip Morris International?

The mean Wall Street price target for Philip Morris International is $208.13 across 15 analysts, 3.8% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Tobacco. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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