22nd Century Group
XXII
#9495
Rank
NZ$4.58 M
Marketcap
$0.49
Share price
-10.60%
Change (1 day)
-98.62%
Change (1 year)

P/E ratio for 22nd Century Group (XXII)

P/E ratio as of September 2024 (TTM): -0.0585

According to 22nd Century Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0584718. At the end of 2022 the company had a P/E ratio of -50.2.

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
2022-50.2-78.66%
2021-235-6.36%
2020-251200%
2019-83.8-87.38%
2018-66492.68%
2017-345196.4%
2016-116-16.95%
2015-14037.88%
2014-10266.07%
2013-61.114.72%
2012-53.3-52.41%
2011-112

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.6-18,189.75%๐Ÿ‡บ๐Ÿ‡ธ USA
24.4-41,881.34%๐Ÿ‡บ๐Ÿ‡ธ USA
13.7-23,525.31%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡ฌ๐Ÿ‡ง 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.