Altria Stock Trading Cheaper Than Industry: What's the Next Best Move?

Altria Group, Inc. (MO) stock is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 9.85, representing a 16.9% discount compared to the Zacks Tobacco industry’s average of 11.85. This suggests that MO is undervalued, particularly when compared to key industry competitors such as Philip Morris International Inc. (PM) , which has a higher P/E ratio of 16.92, and Turning Point Brands, Inc. (TPB) , which trades at an even higher multiple of 19.34.While this lower valuation could attract va ...