Finder makes money from featured partners, but editorial opinions are our own.

How to buy Philip Morris International (PM) shares in Australia

Learn how to easily invest in Philip Morris International shares.

Philip Morris International Inc (PM) is a leading tobacco business with stocks listed in the US. It opened the day at US$107.63 after a previous close of US$107.12. During the day the price has varied from a low of USD106.76 to a high of USD107.72. The latest price was USD107.22 (25 minute delay). Philip Morris International is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Philip Morris International

  1. Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Philip Morris International. Find the share by name or ticker symbol: PM. Research its history to confirm it's a solid investment that matches your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Philip Morris International reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$107.12, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Philip Morris International, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Philip Morris International. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.

Philip Morris International stock price (NYSE:PM)

Use our graph to track the performance of PM stocks over time.

Philip Morris International shares at a glance

Information last updated 2024-07-22.
OpenUS$107.63
HighUS$107.72
LowUS$106.76
CloseUS$107.22
Previous closeUS$107.12
Change US$0.1
Change % 0.0934%
Volume 5,593,792
Information last updated 2024-07-21.
52-week rangeUS$83.7719 - US$109.18
50-day moving average US$102.0622
200-day moving average US$94.7799
Target priceUS$112.49
PE ratio 20.9219
Dividend yield US$5.17 (4.85%)
Earnings per share (TTM) US$5.12

Philip Morris International share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Philip Morris International price performance over time

Historical closes compared with the last close of $107.22

1 week (2024-07-16) 1.06%
1 month (2024-06-21) 7.31%
3 months (2024-04-23) 9.79%
6 months (2024-01-23) 16.80%
1 year (2023-07-21) 9.95%
2 years (2022-07-22) 11.77%
3 years (2021-07-23) 8.96%
5 years (2019-07-23) 23.60%

Compare trading platforms to buy Philip Morris International shares

Name Product Standard brokerage for US shares Currency conversion fee Asset class
eToro
Finder AwardExclusive
eToro
US$0
50-150 pips
ASX shares, Global shares, US shares, ETFs
Finder exclusive: Get 12 months of investment tracking app Delta PRO for free when you fund your eToro account (T&Cs apply).
CFD service. Capital at risk.
Join the world's biggest social trading network when you trade stocks, commodities and currencies from the one account.
Webull
Exclusive
Webull
US$0.25
0.50% (50 pips)
ASX shares, Global shares, Options trading, US shares, ETFs
Finder exclusive: Get an additional 30 days of $0 brokerage on stocks. T&Cs apply.
Trade over 3,300 Australian and US ETFs with real $0 brokerage.
Moomoo Share Trading
US$0.99
55 pips or 0.0055 AUD/USD
ASX shares, Global shares, US shares, ETFs
Finder eclusive: Unlock up to AU$4,000 and US$4,000 in free brokerage over 60 days. T&Cs apply.
Trade shares on the ASX, the US markets and buy ETFs with Moomoo. Plus join a community over 20 million investors.
Tiger Brokers
Exclusive
Tiger Brokers
US$2
37 pips
ASX shares, Global shares, US shares, ETFs
Finder exclusive: 10 no-brokerage US or ASX market trades in the first 180 days + 7% p.a. on uninvested cash with first deposit of any amount, plus US$30 TSLA + US$30 NVDA shares with deposits up to AU$2000. T&Cs apply.
Trade Australian, US and Asian stocks with no minimum deposit on Tiger Broker’s feature-packed platform.
CMC Invest
Finder Award
CMC Invest
US$0
0.60%
ASX shares, Global shares, Options trading, US shares, ETFs
$0 brokerage on US, UK, Canadian and Japanese markets (FX spreads apply).
Trade over 45,000 shares and ETFs from Australia and 15 major global markets. Plus, buy Aussie shares or ETFs for $0 brokerage up to $1,000 (First buy order of each security, each day - excludes margin loan settled trades).
loading
The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Philip Morris International stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Is Philip Morris International under- or over-valued?

Valuing Philip Morris International stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Philip Morris International's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Philip Morris International's P/E ratio

Philip Morris International's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Philip Morris International shares trade at around 21x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Philip Morris International's PEG ratio

Philip Morris International's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.9936. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Philip Morris International's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Philip Morris International's EBITDA

Philip Morris International's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$14 billion (£10.8 billion).

The EBITDA is a measure of a Philip Morris International's overall financial performance and is widely used to measure stock profitability.

Philip Morris International share price volatility

Over the last 12 months, Philip Morris International's shares have ranged in value from as little as US$83.7719 up to US$109.18. A popular way to gauge a stock's volatility is its "beta".

PM.US volatility(beta: 0.6)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Philip Morris International's is 0.6. This would suggest that Philip Morris International's shares are less volatile than average (for this exchange).

Philip Morris International financials

Revenue TTM US$35.9 billion
Operating margin TTM 30.85%
Gross profit TTM US$20.5 billion
Return on assets TTM 12.32%
Return on equity TTM 0%
Profit margin 22.16%
Book value -6.631
Market capitalisation US$166.5 billion

TTM: trailing 12 months

Philip Morris International share dividends

85%

Dividend payout ratio: 84.83% of net profits

Recently Philip Morris International has paid out, on average, around 84.83% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.85% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Philip Morris International shareholders could enjoy a 4.85% return on their shares, in the form of dividend payments. In Philip Morris International's case, that would currently equate to about $5.17 per share.

Philip Morris International's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Philip Morris International's most recent dividend payout was on 7 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 20 June 2024 (the "ex-dividend date").

Philip Morris International's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Philip Morris International.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Philip Morris International's total ESG risk score

Total ESG risk: 29.56

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Philip Morris International's overall score of 29.56 (as at 12/31/2018) is nothing to write home about – landing it in it in the 42nd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Philip Morris International is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Philip Morris International's environmental score

Environmental score: 7.29/100

Philip Morris International's environmental score of 7.29 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Philip Morris International is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Philip Morris International's social score

Social score: 15.97/100

Philip Morris International's social score of 15.97 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Philip Morris International is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Philip Morris International's governance score

Governance score: 16.81/100

Philip Morris International's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Philip Morris International is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Philip Morris International's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Philip Morris International scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Philip Morris International hasn't always managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Philip Morris International Inc was last rated for ESG on: 2019-01-01.

Total ESG score 29.56
Total ESG percentile 42.14
Environmental score 7.29
Environmental score percentile 8
Social score 15.97
Social score percentile 8
Governance score 16.81
Governance score percentile 8
Level of controversy 3

Philip Morris International overview

Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness and healthcare products. Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut.

Frequently asked questions

More guides on Finder

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site