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OVBCOhio Valley Banc Corp.
$41.65$196M
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  4. Financial Ratios

Ohio Valley Banc Corp. (OVBC) Financial Ratios

Latest Ratios: P/E Ratio 12.6x · EV/EBITDA 11.9x · ROE 9.7%. (1996–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

OVBC Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$196M$188M$115M$110M$126M$142M$113M$189M$167M$189M$118M
Enterprise Value$251M$244M$81M$36M$106M$17M$9M$178M$142M$157M$122M
P/E Ratio →12.5812.0810.398.689.4412.1011.0319.0513.9925.2517.11
P/S Ratio2.082.001.291.472.182.602.033.242.883.432.49
P/B Ratio1.151.110.760.760.931.000.831.471.421.731.13
P/FCF11.5211.069.836.089.0011.7612.5022.1710.8514.8210.13
P/OCF10.8610.438.765.297.8810.799.0512.809.2213.068.86

P/E links to full P/E history page with 30-year chart

OVBC EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—2.580.910.481.830.310.173.052.452.852.57
EV / EBITDA11.8811.515.352.146.051.070.6813.499.1611.6612.08
EV / EBIT12.9212.526.042.376.651.190.7715.1610.0213.1213.81
EV / FCF—14.306.931.997.561.381.0420.869.2312.3210.45

OVBC Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin67.6%67.6%66.9%75.9%95.1%94.0%83.5%85.8%88.8%88.1%87.7%
Operating Margin20.6%20.6%15.0%20.4%27.6%25.7%22.1%20.1%24.4%21.8%18.6%
Net Profit Margin16.6%16.6%12.4%17.0%23.1%21.5%18.4%17.0%20.5%13.6%14.5%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE9.7%9.7%7.5%9.1%9.7%8.5%7.8%8.1%10.5%7.0%7.1%
ROA1.0%1.0%0.8%1.0%1.1%1.0%0.9%1.0%1.2%0.8%0.8%
ROIC6.9%6.9%5.0%6.3%7.2%6.1%5.3%5.2%6.7%5.9%4.9%
ROCE2.1%2.1%5.9%7.4%8.5%7.7%7.1%6.9%8.9%7.9%6.5%

OVBC Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.320.320.330.380.210.210.270.340.410.410.44
Debt / EBITDA2.612.613.263.231.581.882.693.303.103.294.51
Net Debt / Equity—0.32-0.23-0.51-0.15-0.88-0.76-0.09-0.21-0.290.04
Net Debt / EBITDA2.612.61-2.24-4.39-1.15-8.00-7.48-0.85-1.61-2.370.37
Debt / FCF—3.24-2.90-4.09-1.44-10.38-11.45-1.31-1.62-2.500.32
Interest Coverage0.710.710.500.965.613.791.991.612.603.022.93

OVBC Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio56092.0956092.090.220.260.230.320.250.190.210.210.17
Quick Ratio56092.0956092.090.220.260.230.320.250.190.210.210.17
Cash Ratio16.0816.080.070.110.050.150.140.070.080.090.05
Asset Turnover—0.060.060.060.050.040.050.060.060.050.05
Inventory Turnover———————————
Days Sales Outstanding———————————

OVBC Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield2.2%2.3%3.6%4.4%3.7%2.8%3.6%2.1%2.4%2.1%3.0%
Payout Ratio27.5%27.5%38.0%38.6%35.4%34.2%39.2%40.4%33.2%52.4%51.8%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield7.9%8.3%9.6%11.5%10.6%8.3%9.1%5.2%7.1%4.0%5.8%
FCF Yield8.7%9.0%10.2%16.4%11.1%8.5%8.0%4.5%9.2%6.7%9.9%
Buyback Yield0.0%0.0%1.7%0.1%0.0%0.7%0.0%0.0%0.0%0.0%0.0%
Total Shareholder Yield2.2%2.3%5.3%4.5%3.7%3.5%3.6%2.1%2.4%2.1%3.0%
Shares Outstanding—$5M$5M$5M$5M$5M$5M$5M$5M$5M$4M

Key Metrics

Growth RegimeExpanding
ProfitabilityStrained
Balance SheetVulnerable
Cash FlowMixed
Top Statement Risk

Localized Economic Concentration

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Market Pricing Reflects Liquidity Discount

Based on reported figures, OVBC trades at a P/B of 1.23, which appears to reflect a persistent liquidity discount compared to regional peers, suggesting that investors are discounting the bank's specialized consumer finance exposure and its concentrated geographic footprint in the Ohio River Valley region.

The current P/B multiple implies a modest return on tangible equity that may not fully capture the potential earnings power of the Loan Central subsidiary. Investors should monitor whether this valuation gap narrows as the bank scales its online-only mortgage initiatives or if the market continues to penalize the stock for its limited geographic diversification.

ROE Compression Driven by NIM

According to recent financial statements, OVBC's ROE has remained constrained between 1.7% and 2.9% over the last ten quarters, indicating that the bank's profitability is currently pressured by a narrow net interest margin that struggles to overcome the costs of its physical branch network.

The DuPont decomposition suggests that while the bank maintains a stable equity-to-assets ratio, the lack of significant asset utilization growth limits overall ROE expansion. The reliance on higher-yield consumer finance appears necessary to offset the margin compression observed in the traditional banking segment, warranting further investigation into credit loss sensitivity.

Efficiency Ratio Volatility Masks Progress

As reported in quarterly filings, the efficiency ratio has exhibited significant volatility, peaking at 55.6% in 2024Q4 before improving to 43.9% in 2026Q1, which suggests that management is actively navigating the trade-offs between maintaining a legacy branch footprint and investing in digital mortgage capabilities.

The range-bound NIM of 0.8% to 1.0% indicates that funding costs in the rural Ohio market remain a structural headwind. Future margin expansion appears contingent on the bank's ability to shift its deposit mix toward lower-cost sources while managing the credit risk inherent in its consumer finance portfolio.

P/E Ratio Misleading for Banks

The P/E ratio is frequently misapplied to OVBC, as it obscures the impact of volatile loan loss provisions and seasonal tax service income, which can create artificial fluctuations in earnings that do not reflect the underlying long-term health of the bank's core interest-earning asset base.

Investors should prioritize P/TBV and ROE as more reliable indicators of value and performance for this institution. Relying on P/E may lead to erroneous conclusions during periods of high provisioning, as these accounting charges do not necessarily represent a permanent impairment of the bank's franchise value.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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OVBC — Frequently Asked Questions

Quick answers to the most common questions about buying OVBC stock.

What is Ohio Valley Banc Corp.'s P/E ratio?

Ohio Valley Banc Corp.'s current P/E ratio is 12.6x. The historical average is 17.0x. This places it at the 37th percentile of its historical range.

What is Ohio Valley Banc Corp.'s EV/EBITDA?

Ohio Valley Banc Corp.'s current EV/EBITDA is 11.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.0x.

What is Ohio Valley Banc Corp.'s ROE?

Ohio Valley Banc Corp.'s return on equity (ROE) is 9.7%. The historical average is 9.7%.

Is OVBC stock overvalued?

Based on historical data, Ohio Valley Banc Corp. is trading at a P/E of 12.6x. This is at the 37th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Ohio Valley Banc Corp.'s dividend yield?

Ohio Valley Banc Corp.'s current dividend yield is 2.18% with a payout ratio of 27.5%.

What are Ohio Valley Banc Corp.'s profit margins?

Ohio Valley Banc Corp. has 67.6% gross margin and 20.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.

How much debt does Ohio Valley Banc Corp. have?

Ohio Valley Banc Corp.'s Debt/EBITDA ratio is 2.6x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.