P/E ratio for Vector Group (VGR)
P/E ratio as of April 2024 (TTM): 9.21
According to Vector Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.21101. At the end of 2022 the company had a P/E ratio of 11.7.
P/E ratio history for Vector Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.7 | 43.2% |
| 2021 | 8.20 | -40.45% |
| 2020 | 13.8 | -8.64% |
| 2019 | 15.1 | -18.41% |
| 2018 | 18.5 | -30.35% |
| 2017 | 26.5 | -7.42% |
| 2016 | 28.7 | -17.3% |
| 2015 | 34.6 | -17.47% |
| 2014 | 42.0 | 42.37% |
| 2013 | 29.5 | -0% |
| 2012 | 29.5 | 119.52% |
| 2011 | 13.4 | -22.34% |
| 2010 | 17.3 | -40.94% |
| 2009 | 29.3 | 172.06% |
| 2008 | 10.8 | -13.11% |
| 2007 | 12.4 | -29.34% |
| 2006 | 17.5 | 55.24% |
| 2005 | 11.3 | -83.95% |
| 2004 | 70.4 | -335% |
| 2003 | -29.9 | -431.86% |
| 2002 | 9.02 | -73.29% |
| 2001 | 33.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Philip Morris PM | 17.7 | 92.26% | 🇺🇸 USA |
 Altria Group MO | 8.41 | -8.68% | 🇺🇸 USA |
 22nd Century Group
XXII | -0.3226 | -103.50% | 🇺🇸 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.