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22nd Century GroupXXII +5.23%18 Graham Number is $N/A as of Mar. 2026. GuruFocus rates XXII with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 29 Tobacco Products companies, 22nd Century Group ranks worse than 3448272.41% on this metric.
Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.
As of today (2026-08-15), the stock price of 22nd Century Group is $4.325. 22nd Century Group's graham number for the quarter that ended in Mar. 2026 was $N/A. Therefore, 22nd Century Group's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for 22nd Century Group's Graham Number or its related term are showing as below:
XXII's Price-to-Graham-Number is not ranked *
in the Tobacco Products industry.
Industry Median: 1.77 * Ranked among companies with meaningful Price-to-Graham-Number only.
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
22nd Century Group (NAS:XXII) Graham Number Explanation
Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:
Current price should not be more than 15 times average earnings of the past three years.
Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)
Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.
In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.
22nd Century Group's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
4.325
/
N/A
=
N/A
* 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.
Be Aware
Please keep these in mind:
1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.
22nd Century Group Graham Number Related Terms
22nd Century Group Graham Number Historical Data
* Premium members only.
The historical data trend for 22nd Century Group's Graham Number 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.
XXII vs GNLN, ECGS, KAVL: Graham Number Comparison
For the Tobacco subindustry, 22nd Century Group's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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 Price-to-Graham-Number vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, 22nd Century Group's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where 22nd Century Group's Price-to-Graham-Number falls into.
* 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 (XXII) has a Graham Number of $N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on 22nd Century Group and its competitors. According to the industry distribution chart, 22nd Century Group ranks #999999 out of 29 companies in the Tobacco Products industry.
Is 22nd Century Group's Graham Number too high?
22nd Century Group's current Graham Number is $N/A. Based on the distribution chart, 22nd Century Group ranks #999999 out of 29 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, 22nd Century Group has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does 22nd Century Group's Graham Number compare to GNLN and ECGS?
According to the Tobacco Products industry distribution chart, 22nd Century Group ranks #999999 out of 29 companies for Graham Number. This places 22nd Century Group in the lower half of its industry. The industry median Graham Number is 1.77. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Tobacco Products company?
The median Graham Number among Tobacco Products companies is 1.77, based on 29 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on 22nd Century Group and its competitors. For the Tobacco Products industry, the median Graham Number is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 22nd Century Group's current Graham Number is $N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 22nd Century Group stock overvalued right now?
22nd Century Group (XXII) has a current Graham Number of $N/A. The current Graham Number is $N/A. 22nd Century Group's overall GF Score™ is 18/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For 22nd Century Group (XXII), the current Graham Number is $N/A as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
22nd Century Group Inc is a tobacco products company that enables cigarette smokers to take control of their consumption of nicotine, the addictive drug in cigarettes. The company manufactures and distributes the only combustible tobacco products containing minimally or non-addictive levels of nicotine. The Company has organized its business as a single reportable segment: tobacco, as it operates and derives all revenues from its tobacco operations and products.
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