PM

Stock

Philip Morris International Inc.

One email when a drop — in price or in valuation — is historically rare for PM. Otherwise we stay quiet.

Mild dip

Nothing to see here.

Philip Morris International Inc. is 6% off its high — a mild dip, shallower than its 3.6% average pullback. Whatever the news says today, this isn't historically significant.

Price $188.23 · as of Aug 21, 2026All-time high $200.17Drawdown -6.0%Severity Score™ 1.4Is the broader market down too?
🟢

Slightly Elevated

Current Drawdown

-6.0%

Days in Drawdown

18

Avg Max Drawdown

3.6%

Avg Length

45

Drawdown Severity Score™

1.4

PM - Price & High Water Mark

PM - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of August 21, 2026 · updated daily

Where today's valuation sits within PM's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

7.0xSeverity Score 0.0 · In or above its typical range
Low: 2.7xMedian: 4.6xHigh: 7.5x

Philip Morris International Inc. has been cheaper on this measure only about 98% of the time in 18 years of daily history.

6.1% below its highest Price to Sales reading · high date June 23, 2025

Price to Sales history

EV to EBITDA

18.9xSeverity Score 0.0 · In or above its typical range
Low: 7.3xMedian: 12.8xHigh: 151.8x

Philip Morris International Inc. has been cheaper on this measure only about 95% of the time in 18 years of daily history.

87.5% below its highest EV to EBITDA reading · high date February 21, 2013

EV to EBITDA history · log scale

How we measure valuation

Philip Morris International Inc. (PM) Analysis: Current Drawdown Insights

Philip Morris International Inc. is currently in a moderate drawdown. As of 2026-08-21, the stock is trading at $188.23, down 6.0% from its all-time high of $200.17. This pullback has lasted 18 days.

Based on its full tracked price history, Philip Morris International Inc. typically experiences drawdowns averaging 3.6% in depth, with an average duration of 45 days. Philip Morris International Inc. has gone through 141 total drawdown events in its tracked history. The largest drawdown on record for Philip Morris International Inc. was 42.9%, beginning in 2017. The longest drawdown duration on record was 1456 days.

The Drawdown Severity Score™ for Philip Morris International Inc. currently stands at 1.37. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score below 2.0 indicates a normal drawdown within the stock's typical range: a routine pullback.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Philip Morris International Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 141 tracked pullbacks (63 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-08-03Ongoing18 days-6.0%$200.17$188.23n/a
2026-02-262026-05-1477 days-19.3%$189.80$153.25$191.86
2026-02-132026-02-2513 days-3.3%$188.95$182.67$189.80
2026-02-092026-02-113 days-0.5%$182.81$181.83$186.27
2025-06-242026-02-05227 days-20.6%$181.86$144.33$182.00
2025-06-162025-06-238 days-0.9%$181.25$179.56$181.86
2025-06-032025-06-119 days-2.0%$179.70$176.04$180.31
2025-05-282025-05-303 days-0.8%$176.23$174.90$177.57
2025-05-082025-05-2316 days-6.6%$172.43$161.08$175.21
2025-05-012025-05-055 days-0.8%$168.50$167.21$170.30
2025-04-282025-04-292 days-0.6%$167.39$166.34$167.41
2025-04-212025-04-222 days-0.6%$160.48$159.47$161.37
2025-04-042025-04-1714 days-7.9%$159.36$146.74$160.48
2025-04-012025-04-033 days-1.6%$156.08$153.56$159.36
2025-03-042025-03-3127 days-5.2%$154.77$146.68$156.08
2025-02-262025-03-036 days-2.2%$153.43$150.12$154.77
2025-02-182025-02-203 days-1.1%$146.65$145.03$147.73
2025-02-132025-02-142 days-0.5%$146.10$145.40$146.65
2025-02-072025-02-104 days-0.6%$141.64$140.75$142.86
2024-12-022025-02-0667 days-11.0%$128.27$114.18$141.64
2024-10-252024-11-2936 days-6.8%$128.02$119.32$128.27
2024-09-102024-10-2243 days-6.1%$121.50$114.12$126.68
2024-09-052024-09-095 days-1.1%$120.70$119.33$121.50
2024-08-292024-08-302 days-0.0%$116.84$116.83$117.53
2024-08-142024-08-163 days-0.6%$112.40$111.72$112.54
2024-08-052024-08-139 days-3.6%$112.32$108.25$112.40
2024-07-182024-07-236 days-1.1%$103.25$102.12$104.44
2024-07-152024-07-162 days-0.8%$101.00$100.16$101.14
2024-06-072024-07-1135 days-2.9%$98.09$95.23$100.09
2024-05-232024-05-319 days-1.6%$95.11$93.55$95.40
2024-05-172024-05-226 days-1.1%$94.72$93.72$95.11
2024-05-132024-05-142 days-0.4%$93.78$93.44$93.95
2022-02-182024-05-09811 days-22.8%$93.31$72.05$93.60
2022-02-032022-02-097 days-0.3%$86.64$86.38$86.81
2022-01-312022-02-023 days-0.6%$86.33$85.77$86.64
2021-09-072022-01-28144 days-18.0%$86.22$70.70$86.33
2021-08-312021-09-012 days-0.1%$83.76$83.70$84.16
2021-08-182021-08-3013 days-1.8%$83.30$81.78$83.76
2021-08-042021-08-1310 days-1.2%$81.62$80.62$82.56
2021-07-062021-08-0329 days-5.4%$81.51$77.15$81.62
2021-06-152021-07-0117 days-1.4%$80.69$79.59$81.18
2017-06-202021-06-141456 days-42.9%$79.45$45.39$80.69
2017-06-082017-06-1912 days-3.0%$79.06$76.73$79.45
2017-05-312017-06-012 days-0.1%$77.54$77.44$78.16
2017-04-192017-05-2234 days-4.9%$74.48$70.86$75.13
2017-04-132017-04-175 days-0.6%$73.55$73.09$74.17
2017-04-102017-04-123 days-0.5%$73.44$73.08$73.55
2017-03-312017-04-078 days-0.8%$73.39$72.78$73.44
2017-03-222017-03-309 days-1.5%$73.37$72.27$73.39
2017-03-142017-03-152 days-0.2%$71.11$70.95$72.01
2017-03-082017-03-135 days-0.8%$70.81$70.28$71.11
2016-07-182017-02-07205 days-14.9%$64.95$55.30$65.10
2015-10-272015-12-0439 days-7.0%$54.44$50.61$54.44
2013-04-152015-10-15914 days-19.3%$52.18$42.09$52.23
2012-10-082013-04-01176 days-12.1%$50.17$44.10$50.19
2012-08-202012-10-0345 days-7.2%$49.52$45.96$49.65
2012-05-032012-07-0968 days-9.3%$47.46$43.05$48.05
2011-12-302012-02-0942 days-7.4%$41.21$38.16$41.71
2011-07-292011-10-2791 days-13.6%$36.87$31.85$37.13
2011-06-012011-07-2151 days-8.4%$36.22$33.17$36.43
2010-04-132010-08-09119 days-18.5%$25.55$20.83$25.68
2008-08-132010-03-19584 days-40.9%$24.81$14.67$25.14
2008-05-202008-07-0850 days-7.7%$23.57$21.75$23.85
2008-03-262008-04-2329 days-7.2%$22.75$21.10$22.86

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Philip Morris International Inc. (PM) is trading at $188.23 as of Aug 21, 2026. It is 6.0% below its high of $200.17. The drawdown has lasted 18 days. Severity score: 1.4 (Slightly Elevated).

PM Price History and Drawdown Data

Latest price

$188.23

High-water mark

$200.17

Current drawdown

-6.0%

Days in drawdown

18

This PM page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Philip Morris International Inc. drawdowns.

What History Says About PM

Philip Morris International Inc. has dropped 15%+ from its high 8 times in its tracked history. These events lasted an average of 542 days with an average max drop of -25.3%.

The current drawdown of -6.0% has lasted 18 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Jun 2017 to Jun 2021-42.9%1456 days
Aug 2008 to Mar 2010-40.9%584 days
Feb 2022 to May 2024-22.8%811 days
Jun 2025 to Feb 2026-20.6%227 days
Apr 2013 to Oct 2015-19.3%914 days
Feb 2026 to May 2026-19.3%77 days

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