Philip Morris International Inc. logo
PMPhilip Morris International Inc.

Is the EV/Sales ratio high or low?

The EV/Sales ratio of 7.93x is 25% above its 5-year average of 6.33x, near the high end of its 5-year range (4.77x–8.67x).

As of Sunday, June 28, 2026. 3.35% above its 12-month average of 7.67x.

EV/EBITDA|P/S Ratio|Revenue|All Metrics
PM EV/Sales Ratio

PM EV/Sales Ratio Chart

7.93x
-6.71% 1Y
PM EV/Sales Ratio

PM Average EV/Sales Ratio Chart

PM EV/Sales Ratio

PM Current vs Average EV/Sales Ratio Chart

PM EV/Sales Ratio Metrics

EV/SALES RATIO

7.93x

EV/SALES RATIO AVG TTM

7.67x

EV/SALES RATIO AVG 3Y

6.73x

EV/SALES RATIO AVG 5Y

6.33x

EV/SALES RATIO AVG 10Y

6.09x

EV/SALES RATIO AVG 15Y

5.78x

EV/SALES RATIO AVG 20Y

5.47x

CURRENT VS TTM AVG

+3.35%

CURRENT VS 3Y AVG

+17.80%

CURRENT VS 5Y AVG

+25.25%

CURRENT VS 10Y AVG

+30.24%

CURRENT VS 15Y AVG

+37.19%

CURRENT VS 20Y AVG

+44.88%

PM Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Philip Morris International Inc. (PM)$281.74B7.93x7.67x6.73x6.33x
The Procter & Gamble Company (PG)vs ›$346.84B4.44x4.60x4.91x4.95x
The Coca-Cola Company (KO)vs ›$355.51B7.91x7.36x6.93x7.10x
PepsiCo, Inc. (PEP)vs ›$193.27B2.47x2.65x2.80x3.02x
Anheuser-Busch InBev SA/NV (BUD)vs ›$164.54B1.91x1.69x1.64x1.72x
Costco Wholesale Corporation (COST)vs ›$422.43B1.41x1.51x1.43x1.27x
Altria Group, Inc. (MO)vs ›$123.22B6.62x6.32x5.60x5.46x
Monster Beverage Corporation (MNST)vs ›$94.26B10.60x8.79x8.03x8.25x
Mondelez International, Inc. (MDLZ)vs ›$78.03B2.51x2.60x2.95x3.24x
Colgate-Palmolive Company (CL)vs ›$73.67B3.88x3.75x3.98x4.05x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EV/Sales Ratio FAQ

What is the EV/Sales ratio for Philip Morris International Inc. (PM)?
The EV/Sales ratio for PM stock is 7.93x.
Is Philip Morris International Inc.'s EV/Sales ratio high or low?
The EV/Sales ratio of 7.93x is 25% above its 5-year average of 6.33x, near the high end of its 5-year range (4.77x–8.67x).
What is the TTM average EV/Sales ratio for Philip Morris International Inc. (PM)?
The TTM average EV/Sales ratio for PM stock is 7.67x.
What is the 3Y average EV/Sales ratio for Philip Morris International Inc. (PM)?
The 3Y average EV/Sales ratio for PM stock is 6.73x.
What is the 5Y average EV/Sales ratio for Philip Morris International Inc. (PM)?
The 5Y average EV/Sales ratio for PM stock is 6.33x.
What is the 10Y average EV/Sales ratio for Philip Morris International Inc. (PM)?
The 10Y average EV/Sales ratio for PM stock is 6.09x.
What is the 15Y average EV/Sales ratio for Philip Morris International Inc. (PM)?
The 15Y average EV/Sales ratio for PM stock is 5.78x.
What is the 20Y average EV/Sales ratio for Philip Morris International Inc. (PM)?
The 20Y average EV/Sales ratio for PM stock is 5.47x.

PM EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-267.93x
2026-06-257.86x
2026-06-247.85x
2026-06-237.85x
2026-06-227.64x
2026-06-187.84x
2026-06-177.88x
2026-06-168.05x
2026-06-157.97x
2026-06-128.06x
2026-06-117.93x
2026-06-108.01x
2026-06-097.84x
2026-06-087.75x
2026-06-057.84x
2026-06-047.71x
2026-06-037.75x
2026-06-027.66x
2026-06-017.62x
2026-05-297.80x
2026-05-287.85x
2026-05-277.98x
2026-05-267.96x
2026-05-228.24x
2026-05-218.22x
2026-05-208.23x
2026-05-198.34x
2026-05-188.33x
2026-05-158.26x
2026-05-148.35x
2026-05-138.20x
2026-05-128.16x
2026-05-117.98x
2026-05-087.56x
2026-05-077.57x
2026-05-067.54x
2026-05-057.50x
2026-05-047.49x
2026-05-017.39x
2026-04-307.34x
2026-04-297.25x
2026-04-287.37x
2026-04-277.18x
2026-04-247.31x
2026-04-237.57x
2026-04-227.37x
2026-04-216.96x
2026-04-207.12x
2026-04-177.13x
2026-04-167.07x
2026-04-157.11x
2026-04-147.19x
2026-04-137.32x
2026-04-107.23x
2026-04-097.26x
2026-04-087.25x
2026-04-077.12x
2026-04-067.23x
2026-04-027.14x
2026-04-017.11x
2026-03-317.42x
2026-03-307.40x
2026-03-277.35x
2026-03-267.31x
2026-03-257.43x
2026-03-247.36x
2026-03-237.34x
2026-03-207.33x
2026-03-197.34x
2026-03-187.45x
2026-03-177.71x
2026-03-167.78x
2026-03-137.78x
2026-03-127.67x
2026-03-117.48x
2026-03-107.71x
2026-03-097.72x
2026-03-067.60x
2026-03-057.59x
2026-03-047.94x
2026-03-037.90x
2026-03-028.13x
2026-02-278.24x
2026-02-268.27x
2026-02-258.36x
2026-02-248.25x
2026-02-238.26x
2026-02-208.11x
2026-02-198.11x
2026-02-188.08x
2026-02-178.12x
2026-02-138.27x
2026-02-128.32x
2026-02-118.22x
2026-02-108.08x
2026-02-098.05x
2026-02-068.09x
2026-02-058.24x
2026-02-048.18x
2026-02-038.05x
2026-02-028.16x
2026-01-308.14x
2026-01-298.08x
2026-01-288.11x
2026-01-278.12x
2026-01-268.00x
2026-01-237.89x
2026-01-227.78x
2026-01-217.73x
2026-01-207.66x
2026-01-167.92x
2026-01-157.87x
2026-01-147.82x
2026-01-137.61x
2026-01-127.59x
2026-01-097.49x
2026-01-087.34x
2026-01-077.20x
2026-01-067.20x
2026-01-057.38x
2026-01-027.40x
2025-12-317.40x
2025-12-307.46x
2025-12-297.46x
2025-12-267.43x
2025-12-247.49x
2025-12-237.46x
2025-12-227.37x
2025-12-197.26x
2025-12-187.28x
2025-12-177.33x
2025-12-167.30x
2025-12-157.32x
2025-12-127.14x
2025-12-117.03x
2025-12-106.99x
2025-12-097.01x
2025-12-086.93x
2025-12-056.91x
2025-12-046.94x
2025-12-037.06x
2025-12-027.18x
2025-12-017.23x
2025-11-287.29x
2025-11-267.25x
2025-11-257.28x
2025-11-247.04x
2025-11-217.20x
2025-11-207.22x
2025-11-197.21x
2025-11-187.22x
2025-11-177.10x
2025-11-147.21x
2025-11-137.20x
2025-11-127.21x
2025-11-117.26x
2025-11-107.19x
2025-11-077.13x
2025-11-066.99x
2025-11-056.93x
2025-11-046.90x
2025-11-036.78x
2025-10-316.77x
2025-10-306.83x
2025-10-296.87x
2025-10-286.99x
2025-10-277.12x
2025-10-247.29x
2025-10-237.50x
2025-10-227.47x
2025-10-217.27x
2025-10-207.52x
2025-10-177.52x
2025-10-167.43x
2025-10-157.50x
2025-10-147.56x
2025-10-137.57x
2025-10-107.61x
2025-10-097.47x
2025-10-087.41x
2025-10-077.38x
2025-10-067.34x
2025-10-037.33x
2025-10-027.51x
2025-10-017.63x
2025-09-307.68x
2025-09-297.71x
2025-09-267.79x
2025-09-257.75x
2025-09-247.71x
2025-09-237.74x
2025-09-227.67x
2025-09-197.71x
2025-09-187.66x
2025-09-177.85x
2025-09-167.71x
2025-09-157.66x
2025-09-127.84x
2025-09-117.91x
2025-09-107.81x
2025-09-097.78x
2025-09-087.70x
2025-09-057.66x
2025-09-047.64x
2025-09-037.72x
2025-09-027.89x
2025-08-297.88x
2025-08-287.82x
2025-08-277.76x
2025-08-267.86x
2025-08-257.89x
2025-08-228.06x
2025-08-218.17x
2025-08-208.11x
2025-08-197.94x
2025-08-187.86x
2025-08-157.84x
2025-08-147.80x
2025-08-137.83x
2025-08-127.94x
2025-08-118.01x
2025-08-088.00x
2025-08-077.92x
2025-08-067.87x
2025-08-057.76x
2025-08-047.71x
2025-08-017.71x
2025-07-317.76x
2025-07-307.68x
2025-07-297.70x
2025-07-287.50x
2025-07-257.63x
2025-07-247.71x
2025-07-237.85x
2025-07-227.88x
2025-07-218.49x
2025-07-188.42x
2025-07-178.44x
2025-07-168.60x
2025-07-158.51x
2025-07-148.50x
2025-07-118.47x
2025-07-108.51x
2025-07-098.39x
2025-07-088.38x
2025-07-078.52x
2025-07-038.43x
2025-07-028.31x
2025-07-018.37x
2025-06-308.56x
2025-06-278.51x
2025-06-268.50x
2025-06-258.46x
2025-06-248.65x
2025-06-238.67x
2025-06-208.61x
2025-06-188.58x
2025-06-178.61x
2025-06-168.61x
2025-06-138.65x

Showing the most recent 260 of 4,599 data points. The chart above shows the full history.

Related Metrics

EV/EBITDAP/S RatioRevenueAll Metrics

About Philip Morris International Inc.

Philip Morris International Inc. functions as a prominent tobacco enterprise, actively working toward a smoke-free future. The company is strategically diversifying its long-term product range to incorporate items beyond traditional tobacco and nicotine. Its primary business involves both conventional cigarettes and an expanding array of smoke-free alternatives, such as innovative heat-not-burn devices, vapor products, and oral nicotine solutions. These offerings are distributed in markets worldwide, with the exception of the United States. The smoke-free portfolio includes brands like HEETS (encompassing Creations, Dimensions, Marlboro variants), Parliament HeatSticks, and TEREA, in addition to KT&G-licensed brands Fiit and Miix. For conventional cigarettes, the company sells internationally recognized brands such as Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris. Regionally, it also owns major cigarette brands like Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia, and Fortune and Jackpot in the Philippines. PMI's smoke-free innovations are currently available across 71 global markets. Established in 1987, Philip Morris International Inc. is headquartered in New York, New York.

New York City, NY
83,100 employees
www.pmi.com
Consumer Defensive / Tobacco
Sector
Consumer Defensive
Industry
Tobacco
CEO
Jacek Olczak
View full financials