Philip Morris International Shares Surge as Transformation Continues. Is It Too Late to Buy the Stock?
Philip Morris International Inc. (NYSE:PM) shares have reached an all-time high, touching $148.54, as the tobacco giant continues to defy market expectations. According to InvestingPro data, the stock ...
The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.