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U.S. Tobacco Industry Analysis

UpdatedJun 03, 2026
DataAggregated Company Financials
Companies14
  • 7D-1.5%
  • 3M-10.3%
  • 1Y-0.9%
  • YTD-14.0%

Over the last 7 days, the Tobacco industry has dropped 1.5%, driven by Philip Morris International declining 4.3%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 29% annually.

Industry Valuation and Performance

Has the U.S. Tobacco Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 03 Jun 2026US$5.6bUS$6.3bUS$207.6m17.4x27.1x0.9x
Fri, 01 May 2026US$5.6bUS$6.2bUS$260.0m17.8x21.4x0.9x
Sun, 29 Mar 2026US$5.7bUS$6.2bUS$255.9m22.2x22.4x0.9x
Tue, 24 Feb 2026US$7.0bUS$6.1bUS$235.3m24.8x29.7x1.1x
Thu, 22 Jan 2026US$6.5bUS$6.3bUS$264.2m25.1x24.7x1x
Sat, 20 Dec 2025US$6.4bUS$6.3bUS$263.0m23.3x24.3x1x
Mon, 17 Nov 2025US$6.6bUS$6.3bUS$259.1m30.7x25.4x1x
Wed, 15 Oct 2025US$6.1bUS$6.3bUS$190.3m30.2x32.3x1x
Fri, 12 Sep 2025US$6.8bUS$6.3bUS$202.3m33.8x33.5x1.1x
Sun, 10 Aug 2025US$6.0bUS$6.2bUS$189.1m30.3x32x1x
Tue, 08 Jul 2025US$6.0bUS$6.4bUS$199.9m20.6x30.2x0.9x
Thu, 05 Jun 2025US$5.7bUS$6.3bUS$188.5m21.4x30.1x0.9x
Sat, 03 May 2025US$5.0bUS$6.3bUS$210.5m17.7x24x0.8x
Mon, 31 Mar 2025US$5.1bUS$6.1bUS$205.7m16.7x24.9x0.8x
Wed, 26 Feb 2025US$5.8bUS$6.1bUS$194.4m18.2x29.9x1x
Fri, 24 Jan 2025US$5.4bUS$5.8bUS$182.9m21.1x29.6x0.9x
Sun, 22 Dec 2024US$5.3bUS$5.8bUS$182.8m22x28.9x0.9x
Tue, 19 Nov 2024US$5.0bUS$5.8bUS$255.9m16.9x19.6x0.9x
Thu, 17 Oct 2024US$4.6bUS$5.8bUS$253.5m11.3x18.2x0.8x
Sat, 14 Sep 2024US$4.6bUS$5.8bUS$255.7m11.4x17.9x0.8x
Mon, 12 Aug 2024US$4.4bUS$5.8bUS$265.3m11.5x16.8x0.8x
Wed, 10 Jul 2024US$4.6bUS$5.6bUS$243.6m14.2x18.8x0.8x
Fri, 07 Jun 2024US$4.6bUS$5.6bUS$233.4m11.4x19.9x0.8x
Sun, 05 May 2024US$5.0bUS$5.4bUS$224.2m11.7x22.1x0.9x
Tue, 02 Apr 2024US$5.2bUS$5.4bUS$220.8m11.4x23.4x0.9x
Thu, 29 Feb 2024US$5.3bUS$5.5b-US$5,928,275.6622.5x-894.4x1x
Sat, 27 Jan 2024US$5.3bUS$5.6b-US$19,674,174.0024.4x-269.1x0.9x
Mon, 25 Dec 2023US$5.8bUS$5.6b-US$29,831,098.0025.2x-194x1x
Wed, 22 Nov 2023US$5.5bUS$5.6b-US$28,778,848.0022x-191.3x1x
Fri, 20 Oct 2023US$4.6bUS$5.6bUS$54.9m30.9x83.2x0.8x
Sun, 17 Sep 2023US$4.5bUS$5.6bUS$53.1m33.2x84.6x0.8x
Tue, 15 Aug 2023US$4.7bUS$5.9bUS$88.8m25.8x52.4x0.8x
Thu, 13 Jul 2023US$5.1bUS$5.7bUS$90.6m29.5x56.1x0.9x
Sat, 10 Jun 2023US$4.9bUS$5.7bUS$92.6m27.3x52.7x0.9x
Price to Earnings Ratio

52.7x


Total Market Cap: US$4.9bTotal Earnings: US$92.6mTotal Revenue: US$5.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tobacco Industry Price to Earnings3Y Average 3.2x202420252026
Current Industry PE
  • Investors are optimistic on the American Tobacco industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 27.1x which is higher than its 3-year average PE of 3.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.91x.
Past Earnings Growth
  • The earnings for companies in the Tobacco industry have grown 31% per year over the last three years.
  • Revenues for these companies have grown 3.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Consumer Staples industry?

US Market1.22%
Consumer Staples-2.72%
Tobacco-1.48%
Tobacco-1.48%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
RLX RLX TechnologyUS$2.072.0%
+US$48.9m		0%PE17.4x

Latest News

UVV
US$54.38
Universal
7D
-0.3%
1Y
-12.7%
Seeking Alpha • 6h

Universal Corp: The Three Reasons Why I Am Downgrading To Hold

Summary Universal Corp (UVV) faces ongoing top- and bottom-line pressure due to persistent tobacco oversupply and margin compression. I shift from a buy to a hold rating, awaiting evidence of top-line growth and improved profitability before turning bullish again. UVV's 6.13% dividend yield remains attractive, but dividend safety is in question as free cash flow barely covers payouts. Valuation appears fair with limited near-term upside; dividend growth significantly above 1% is unlikely given market headwinds. Read the full article on Seeking Alpha
PM
US$173.66
Philip Morris International
7D
-4.3%
1Y
-4.8%
RLX
US$2.07
RLX Technology
7D
2.0%
1Y
0%
Narrative Update • Jun 02

RLX: Margin Reset And International Expansion Will Support Future Upside

RLX Technology's revised analyst price target has moved from $2.60 to $2.50, as analysts adjust for a more cautious margin outlook reflected in updated fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Q1 2026 unaudited revenue was reported at RMB 1.59b.
TPB
US$82.45
Turning Point Brands
7D
-7.7%
1Y
11.1%
Narrative Update • Jun 01

TPB: Raised 2026 Modern Oral Guidance Will Support Constructive ReRating

Analysts have adjusted their price target on Turning Point Brands to $130.00 from $132.50. This reflects updated views on revenue growth, profit margins and future P/E assumptions following recent Street research, including a more constructive stance from some firms and a trimmed target from others.
MO
US$69.24
Altria Group
7D
-4.3%
1Y
14.7%
Narrative Update • Jun 01

MO: Future Returns Will Depend On FDA Vape Timing Despite Softer Volume Declines

Altria Group's fair value estimate has moved from $51.95 to $59.00, as analysts point to a modestly lower discount rate, slightly higher assumed revenue growth, a higher future P/E multiple, and a series of rising Street price targets tied to expectations for faster growth in next generation tobacco products following recent FDA guidance. Analyst Commentary Street research on Altria Group has leaned toward higher price targets, but the tone is not uniformly bullish.
XXII
US$0.48
22nd Century Group
7D
-18.0%
1Y
-99.8%
ISPR
US$1.74
Ispire Technology
7D
-11.2%
1Y
-31.0%