According to Philip Morris ฤR 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4995. At the end of 2021 the company had a P/E ratio of 10.9.
Year | P/E ratio | Change |
---|---|---|
2021 | 10.9 | 15.58% |
2020 | 9.39 | 2.82% |
2019 | 9.14 | 3.57% |
2018 | 8.82 | -19.93% |
2017 | 11.0 | -8.99% |
2016 | 12.1 | 4.54% |
2015 | 11.6 | 9.92% |
2014 | 10.5 | 12.49% |
2013 | 9.36 | 2.29% |
2012 | 9.15 | -9.89% |
2011 | 10.2 | 18.23% |
2010 | 8.59 | 35.91% |
2009 | 6.32 | |
2006 | 11.7 | -24.02% |
2005 | 15.5 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.