P/E ratio for 22nd Century Group (XXII)
P/E ratio as of April 2024 (TTM): -0.3415
According to 22nd Century Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.34151. At the end of 2022 the company had a P/E ratio of -0.2093.
P/E ratio history for 22nd Century Group from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.2093 | -78.66% |
| 2021 | -0.9810 | -6.36% |
| 2020 | -1.05 | 200% |
| 2019 | -0.3492 | -87.38% |
| 2018 | -2.77 | 92.68% |
| 2017 | -1.44 | 196.4% |
| 2016 | -0.4844 | -16.95% |
| 2015 | -0.5833 | 37.88% |
| 2014 | -0.4231 | 66.07% |
| 2013 | -0.2548 | 14.72% |
| 2012 | -0.2221 | -52.41% |
| 2011 | -0.4667 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Philip Morris PM | 18.6 | -5,534.45% | 🇺🇸 USA |
 Altria Group MO | 8.90 | -2,705.54% | 🇺🇸 USA |
 Vector Group
VGR | 9.47 | -2,873.71% | 🇺🇸 USA |
 British American Tobacco BTI | N/A | N/A | 🇬🇧 UK |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.