Is Philip Morris International (PM) Still Attractive After A 49% One Year Share Price Surge
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If you are wondering whether Philip Morris International is offering solid value at today’s price, it helps to step back and look at how the current share price lines up with a few different valuation checks.
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The stock last closed at US$172.56, with returns of 8.7% over the past week, 9.2% over the past month, 7.6% year to date and 49.1% over the past year, while the three year and five year returns stand at 95.8% and 170.2% respectively.
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Recent coverage has focused on the company as a global tobacco group with a well known international brand portfolio and a long running shift toward smoke free products. This helps frame…
