As of today (2024-04-24), 22nd Century Group's share price is $1.69. 22nd Century Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-5.27. Hence, 22nd Century Group's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for 22nd Century Group's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, 22nd Century Group's highest Price to Tangible Book Ratio was 22.77. The lowest was 2.23. And the median was 5.83.
XXII's Price-to-Tangible-Book is not ranked *
in the Tobacco Products industry.
Industry Median: 3.42 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, 22nd Century Group's share price is $1.69. 22nd Century Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $-3.09. Hence, 22nd Century Group's P/B Ratio of today is .
22nd Century Group Price-to-Tangible-Book Historical Data
The historical data trend for 22nd Century Group's Price-to-Tangible-Book 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.
For the Tobacco subindustry, 22nd Century Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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-Tangible-Book Distribution
For the Tobacco Products industry and Consumer Defensive sector, 22nd Century Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where 22nd Century Group's Price-to-Tangible-Book falls into.
22nd Century Group Price-to-Tangible-Book Calculation
22nd Century Group's price-to-tangible-book ratio for today is calculated as:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
22nd Century Group Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of 22nd Century Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
22nd Century Group (22nd Century Group) Business Description
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.
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