GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » 22nd Century Group Inc (NAS:XXII) » Definitions » Cyclically Adjusted PS Ratio

22nd Century Group (22nd Century Group) Cyclically Adjusted PS Ratio : 0.04 (As of Apr. 29, 2024)


View and export this data going back to 2011. Start your Free Trial

What is 22nd Century Group Cyclically Adjusted PS Ratio?

As of today (2024-04-29), 22nd Century Group's current share price is $1.68. 22nd Century Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $47.17. 22nd Century Group's Cyclically Adjusted PS Ratio for today is 0.04.

The historical rank and industry rank for 22nd Century Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

XXII' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 12.88   Max: 36.1
Current: 0.04

During the past years, 22nd Century Group's highest Cyclically Adjusted PS Ratio was 36.10. The lowest was 0.03. And the median was 12.88.

XXII's Cyclically Adjusted PS Ratio is ranked better than
91.43% of 35 companies
in the Tobacco Products industry
Industry Median: 1.79 vs XXII: 0.04

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

22nd Century Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $-11.396. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $47.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


22nd Century Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for 22nd Century Group's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

22nd Century Group Cyclically Adjusted PS Ratio Chart

22nd Century Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.17 15.28 17.91 4.68 0.06

22nd Century Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.68 3.74 1.80 0.30 0.06

Competitive Comparison of 22nd Century Group's Cyclically Adjusted PS Ratio

For the Tobacco subindustry, 22nd Century Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


22nd Century Group's Cyclically Adjusted PS Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, 22nd Century Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where 22nd Century Group's Cyclically Adjusted PS Ratio falls into.



22nd Century Group Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

22nd Century Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.68/47.17
=0.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

22nd Century Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, 22nd Century Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-11.396/129.4194*129.4194
=-11.396

Current CPI (Dec. 2023) = 129.4194.

22nd Century Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.867 99.695 2.424
201406 0.065 100.560 0.084
201409 0.256 100.428 0.330
201412 0.004 99.070 0.005
201503 2.307 99.621 2.997
201506 8.299 100.684 10.668
201509 9.044 100.392 11.659
201512 9.936 99.792 12.886
201603 9.802 100.470 12.626
201606 8.921 101.688 11.354
201609 9.248 101.861 11.750
201612 9.016 101.863 11.455
201703 5.905 102.862 7.430
201706 10.202 103.349 12.776
201709 10.814 104.136 13.440
201712 11.741 104.011 14.609
201803 10.176 105.290 12.508
201806 13.349 106.317 16.250
201809 10.399 106.507 12.636
201812 13.748 105.998 16.786
201903 12.127 107.251 14.634
201906 11.204 108.070 13.417
201909 12.356 108.329 14.762
201912 13.523 108.420 16.142
202003 12.211 108.902 14.512
202006 11.114 108.767 13.224
202009 12.625 109.815 14.879
202012 12.622 109.897 14.864
202103 11.324 111.754 13.114
202106 12.978 114.631 14.652
202109 11.521 115.734 12.883
202112 11.740 117.630 12.917
202203 13.301 121.301 14.191
202206 19.099 125.017 19.772
202209 22.127 125.227 22.868
202212 -2.677 125.222 -2.767
202303 24.429 127.348 24.826
202306 25.163 128.729 25.298
202309 14.329 129.860 14.280
202312 -11.396 129.419 -11.396

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


22nd Century Group  (NAS:XXII) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


22nd Century Group Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of 22nd Century Group's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


22nd Century Group (22nd Century Group) Business Description

Traded in Other Exchanges
N/A
Address
500 Seneca Street, Suite 507, Buffalo, NY, USA, 14204
22nd Century Group Inc is a United States-based biotechnology company focused on utilizing alkaloid plant technologies to improve health and wellness with reduced nicotine tobacco, and hemp/cannabis. It has two operating segments; The tobacco segment is engaged in commercializing its proprietary VLNC tobacco plants and cigarette products, which contain 95% less nicotine than conventional tobacco and cigarettes, and research cigarettes sold under the brand name SPECTRUM, and The hemp/cannabis segment is engaged in providing hemp-derived cannabinoid ingredients and API, as well as a CDMO to the consumer goods industry. It derives a majority of its revenue from the tobacco segment.
Executives
Andrew Arno director C/O MERRIMAN CURHAN FORD GROUP, INC., 600 CALIFORNIA STREET, 9TH FLOOR, SAN FRANCISCO CA 94108
James A Mish director, officer: Chief Executive Officer 8560 MAIN STREET, SUITE 4, WILLIAMSVILLE NY 14221
John Franzino officer: Chief Administrative Officer 8560 MAIN STREET, SUITE 4, WILLIAMSVILLE NY 14221
Peter Ferola officer: Chief Legal Officer BIOTELEMETRY, INC., 1000 CEDAR HOLLOW ROAD, #102, MALVERN PA 19355
John J Miller officer: President, Tobacco 500 SENECA STREET, SUITE 507, BUFFALO NY 14204
Lucille S Salhany director C/O HEWLETT-PACKARD CO, 3000 HANOVER STREET, PALO ALTO CA 94304
Michael Zercher officer: Chief Operating Officer 8560 MAIN STREET, SUITE 4, WILLIAMSVILLE NY 14221
Robert Hugh Kinsman officer: Chief Financial Officer 500 SENECA STREET, SUITE 507, BUFFALO NY 14204
Clifford B Fleet director 6601 WEST BROAD STREET, RICHMOND VA 23230
Richard F Fitzgerald officer: Chief Financial Officer C/O TECHPRECISION CORPORATION, ONE BELLA DRIVE, WESTMINSTER MA 01473
Anthony L. Johnson director C/O 22ND CENTURY GROUP, INC., 500 SENECA STREET, SUITE 507, BUFFALO NY 14204
Richard M. Sanders director 1119 PIEDRA RONDO, SANTA FE NM 87501
Roger D O'brien director C/O 22ND CENTURY GROUP, INC., 8560 MAIN STREET, SUITE 4, WILLIAMSVILLE NY 14221
Michael Koganov director 8560 MAIN STREET, SUITE 4, WILLIAMSVILLE NY 14221
Nora B Sullivan director C/O RAND CAPITAL CORP, 2200 RAND BLDG, BUFFALO NY 14203