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22nd Century Group (22nd Century Group) E10 : $-94.62 (As of Mar. 2024)


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What is 22nd Century Group E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

22nd Century Group's adjusted earnings per share data for the three months ended in Mar. 2024 was $-47.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-94.62 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -21.10% per year. During the past 5 years, the average E10 Growth Rate was -11.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of 22nd Century Group was 0.40% per year. The lowest was -21.10% per year. And the median was -4.00% per year.

As of today (2024-05-26), 22nd Century Group's current stock price is $1.24. 22nd Century Group's E10 for the quarter that ended in Mar. 2024 was $-94.62. 22nd Century Group's Shiller PE Ratio of today is .


22nd Century Group E10 Historical Data

The historical data trend for 22nd Century Group's E10 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 E10 Chart

22nd Century Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -51.34 -51.33 -58.27 -62.20 -91.11

22nd Century Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 -95.46 -98.42 -95.08 -91.11 -94.62

Competitive Comparison of 22nd Century Group's E10

For the Tobacco subindustry, 22nd Century Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Tobacco Products Industry

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

* The bar in red indicates where 22nd Century Group's Shiller PE Ratio falls into.



22nd Century Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, 22nd Century Group's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-47.04/131.7762*131.7762
=-47.040

Current CPI (Mar. 2024) = 131.7762.

22nd Century Group Quarterly Data

per share eps CPI Adj_EPS
201406 -7.200 100.560 -9.435
201409 -12.000 100.428 -15.746
201412 -21.600 99.070 -28.731
201503 -14.400 99.621 -19.048
201506 -4.800 100.684 -6.282
201509 -9.600 100.392 -12.601
201512 -9.600 99.792 -12.677
201603 -9.600 100.470 -12.591
201606 -9.600 101.688 -12.441
201609 -7.200 101.861 -9.315
201612 -9.600 101.863 -12.419
201703 -7.200 102.862 -9.224
201706 -9.600 103.349 -12.241
201709 -7.200 104.136 -9.111
201712 -7.200 104.011 -9.122
201803 2.400 105.290 3.004
201806 -12.000 106.317 -14.874
201809 9.600 106.507 11.878
201812 -16.800 105.998 -20.886
201903 -4.800 107.251 -5.898
201906 -14.400 108.070 -17.559
201909 -19.200 108.329 -23.356
201912 -12.000 108.420 -14.585
202003 -7.200 108.902 -8.712
202006 -9.600 108.767 -11.631
202009 -7.200 109.815 -8.640
202012 -9.600 109.897 -11.511
202103 -7.200 111.754 -8.490
202106 -7.200 114.631 -8.277
202109 -14.400 115.734 -16.396
202112 -21.600 117.630 -24.198
202203 -12.000 121.301 -13.036
202206 -15.200 125.017 -16.022
202209 -15.040 125.227 -15.827
202212 -28.800 125.222 -30.307
202303 -343.840 127.348 -355.797
202306 -22.400 128.729 -22.930
202309 -58.880 129.860 -59.749
202312 -14.114 129.419 -14.371
202403 -47.040 131.776 -47.040

Add all the adjusted EPS together and divide 10 will get our e10.


22nd Century Group  (NAS:XXII) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


22nd Century Group E10 Related Terms

Thank you for viewing the detailed overview of 22nd Century Group's E10 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