What is the price-to-earnings ratio of 22nd Century Group?
The price-earnings ratio of 22nd Century Group is currently -0.29.
22nd Century Group P/E 2024
22nd Century Group P/E
-0.29
Ticker
XXII
ISIN
US90137F1030
WKN
A1W2NQ
As of Dec 20, 2024, 22nd Century Group's P/E ratio was -0.29, a -99.83% change from the -168.24 P/E ratio recorded in the previous year.
The 22nd Century Group P/E history
22nd Century Group Aktienanalyse
What does 22nd Century Group do?
22nd Century Group Inc. is a company based in Clarence, New York, which has been operating in the tobacco industry since 1998. The company aims to provide innovative solutions for the risks associated with tobacco consumption and climate change. The company was founded by Joseph Pandolfino and Michael Moynihan and was originally known as Goodrich Tobacco Company. In 2005, the company changed its name to 22nd Century Group and expanded its business. It initially specialized in the production of tobacco products but soon turned to the development of non-combustible alternative tobacco products. In 2011, two of the company's key products were approved by the US Food and Drug Administration. Since then, 22nd Century Group Inc. has expanded its business and focused on offering solutions for tobacco-related health issues and environmental problems. The business model of 22nd Century Group Inc. is based on the production of tobacco and cannabis plants with specific nicotine, CBD, and THC levels to reduce the specific risks for users. The company actively works to reduce the risks associated with tobacco products. By cultivating genetically modified tobacco and using new technologies, the company has introduced its products to the market. The company has also invested in research and development to develop non-combustible tobacco products, such as cigarettes that do not produce condensate or ash, which is considered an important step in reducing tobacco smoke and the risk of lung diseases. 22nd Century Group Inc. consists of three main business segments: 1. Tobacco: The company produces conventional tobacco products and specializes in alternative tobacco products, sold under the brand names "Moonlight" or "Magic." The company also offers tobacco plants with different nicotine and other levels. 2. CBD products: Due to the increasing demand for CBD products, the company has added products with specific CBD levels to its portfolio. 3. Cannabis products: The company has developed cannabis products with different THC levels and also collaborates with other companies to conduct research in the field of cannabis. 22nd Century Group Inc. produces a variety of tobacco products aimed at reducing risk based on their content and type. In the field of genetic engineering, the company is working to produce tobacco plants with reduced nicotine levels. The company has a licensing agreement with the tobacco industry to sell the tobacco at Planta Tabakverarbeitung in Berlin. The company has also developed products with specific CBD and THC levels. These are marketed under the brand names "HempSmokes" and "Veraloy." HempSmokes are cigarettes with specific CBD levels, while Veraloy is a patented brand for a herbal cigarette designed to significantly reduce the risk of cancer. The company is also working towards promoting the organic cultivation of tobacco and marijuana plants. The company recently introduced the process of patenting organically grown cannabis to the market. In conclusion, 22nd Century Group Inc. is an innovative company focused on developing solutions for the risks associated with tobacco consumption and climate change. Extensive research and development have enabled the company to offer a product portfolio with tobacco, CBD, and THC products that meet the needs of customers. The company is committed to reducing the risks associated with tobacco products and creating a healthier future for all. 22nd Century Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering 22nd Century Group's P/E Ratio
The Price to Earnings (P/E) Ratio of 22nd Century Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing 22nd Century Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of 22nd Century Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in 22nd Century Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about 22nd Century Group stock
How has the price-earnings ratio of 22nd Century Group changed compared to last year?
The price-to-earnings ratio of 22nd Century Group has increased by -99.83% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of 22nd Century Group high compared to other companies?
Yes, the price-to-earnings ratio of 22nd Century Group is high compared to other companies.
How does an increase in the price-earnings ratio of 22nd Century Group affect the company?
An increase in the price-earnings ratio of 22nd Century Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of 22nd Century Group affect the company?
A decrease in the price-earnings ratio of 22nd Century Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of 22nd Century Group?
Some factors that influence the price-earnings ratio of 22nd Century Group are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does 22nd Century Group pay?
Over the past 12 months, 22nd Century Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, 22nd Century Group is expected to pay a dividend of 0 USD.
What is the dividend yield of 22nd Century Group?
The current dividend yield of 22nd Century Group is .
When does 22nd Century Group pay dividends?
22nd Century Group pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of 22nd Century Group?
22nd Century Group paid dividends every year for the past 0 years.
What is the dividend of 22nd Century Group?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is 22nd Century Group located?
22nd Century Group is assigned to the 'Non-cyclical consumption' sector.
Wann musste ich die Aktien von 22nd Century Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of 22nd Century Group from 12/20/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/20/2024.
When did 22nd Century Group pay the last dividend?
The last dividend was paid out on 12/20/2024.
What was the dividend of 22nd Century Group in the year 2023?
In the year 2023, 22nd Century Group distributed 0 USD as dividends.
In which currency does 22nd Century Group pay out the dividend?
The dividends of 22nd Century Group are distributed in USD.
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Andere Kennzahlen von 22nd Century Group
Our stock analysis for 22nd Century Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of 22nd Century Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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- 22nd Century Group Market capitalization
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