P/E ratio for Vector Group (VGR)
P/E ratio as of September 2023 (TTM): 10.6
According to Vector Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5842. At the end of 2021 the company had a P/E ratio of 8.08.
P/E ratio history for Vector Group from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.08 | -58.36% |
| 2020 | 19.4 | -10.99% |
| 2019 | 21.8 | -19.97% |
| 2018 | 27.3 | |
| 2016 | 40.4 | -18.77% |
| 2015 | 49.7 | -17.2% |
| 2014 | 60.1 | |
| 2012 | 42.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Philip Morris PM | 18.0 | 70.05% | 🇺🇸 USA |
 Altria Group MO | 11.1 | 4.50% | 🇺🇸 USA |
 22nd Century Group
XXII | -0.1817 | -101.72% | 🇺🇸 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.