Philip Morris International Inc. (PM)
Consumer Defensive · Tobacco · Data as of 2026-09-01
Bottom line
PM is trading at a premium to its history, near its historical resistance zone, and recent volume shows no clear direction. Historically, this combination has called for extra caution. Past patterns are not a guarantee of future results.
Valuation — Trading at a premium (Red)
PM trades at 28× earnings, above its own 5-year average of 18× and above similar consumer defensive companies we track (23×, 30 peers). Investors are currently paying more per dollar of earnings than usual. Its free-cash-flow yield is about 4.2%. Its current multiple sits around the 81st percentile of its own last five years — toward the high end of its own range.
Price zones — Near its historical resistance zone (Red)
At $187.15, the stock is close to the upper end of its recent range. Over the past year PM has traded between $142.11 and $207.76; its historical support zone sits near $173.93 and resistance near $187.52. It is above one of its moving averages and below the other — a mixed trend picture.
52-week range $142.11–$207.76 · 50-day average $187.52 · 200-day average $173.93
Money flow — No clear direction (Yellow)
Buying and selling volume in PM have been fairly balanced recently, with no strong accumulation or distribution pattern. Volume on up days has been about 1.2× volume on down days over the last 30 sessions.
About the company
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.
一句话结论
PM 相对自身历史处于溢价水平，接近其历史阻力区，近期成交量没有明确方向。从历史来看，这样的组合需要格外谨慎。过去的形态并不能保证未来的结果。
估值 — 相对自身历史处于溢价水平
PM 目前的市盈率为 28×，高于其自身 5 年平均的 18×，并且高于我们追踪的同类Consumer Defensive公司（23×，30 家）。投资者目前为每一美元盈利付出的价格高于以往。其自由现金流收益率约为 4.2%。它当前的估值倍数大约位于自身过去五年分布的第 81 百分位——处于自身区间的偏高位置。
价格区间 — 接近其历史阻力区
目前价格为 $187.15，接近其近期区间的上沿。过去一年 PM 的价格在 $142.11 到 $207.76 之间波动；其历史支撑区在 $173.93 附近，阻力区在 $187.52 附近。它位于其中一条均线上方、另一条下方——趋势信号并不一致。
资金流向 — 方向不明确
PM 近期的买卖成交量大致均衡，没有明显的吸筹或派发形态。过去 30 个交易日，上涨日的成交量约为下跌日的 1.2×。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.