Q: hello 5i:
Philip Morris, PM on the NYSE, is listed by Morningstar as having a P/B value of -17.1. Can you tell me how that's possible with a company like this, and could you expand a bit and give me your take on the stock at current prices.
thanks
Paul
Philip Morris, PM on the NYSE, is listed by Morningstar as having a P/B value of -17.1. Can you tell me how that's possible with a company like this, and could you expand a bit and give me your take on the stock at current prices.
thanks
Paul