If you are wondering whether Philip Morris International is good value at its current share price, you are not alone, and the numbers offer a useful starting point.
The stock closed at US$173.02 most recently, with returns of 6.4% over 30 days, 7.9% year to date, 40.7% over 1 year, 91.4% over 3 years and 176.7% over 5 years. This naturally raises questions about how much of this is already reflected in the price.
Recent coverage has focused on Philip Morris International’s ongoing shift toward smoke free products and regulatory developments that continue to shape sentiment toward tobacco names. At the same time, investors have been watching how the company positions itself within global reduced risk product trends, which helps explain…
