Philip Morris International price to book ratio PM

Market value divided by the book value of the company's net assets, since 2009.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 66.7×; Feb 2012
Peer median: 9.0×

Philip Morris International's price to book ratio is not a meaningful number today: shareholders' equity was zero, negative or not reported, so price to book does not exist.

It was last meaningful in Feb 2012, at 66.7×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2012	66.7×	60.8×	66.7×
2011	64.0×	22.6×	64.2×
2010	23.4×	13.7×	26.4×
2009	14.5×	13.8×	15.5×

Against its peers

Companies in Consumer Defensive nearest Philip Morris International's size, closest first, today.

Company	Price to book ratio
PMPhilip Morris International	n/m
PGProcter & Gamble	6.8×
KOCoca-Cola	11.0×
COSTCostco Wholesale	12.4×
PEPPepsiCo	8.3×
MOAltria	n/m
WMTWalmart	9.7×
MNSTMonster Beverage	9.7×
MDLZMondelez International	3.1×
CLColgate-Palmolive	n/m
TGTTarget	3.9×
Peer median	9.0×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Philip Morris International

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.