Latest Ratios: P/E Ratio 11.6x · EV/EBITDA 2.5x · ROE 12.2%. (2001–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $282M | $249M | $242M | $247M | $186M | $142M | $135M | $158M | $148M | $157M | $101M |
| Enterprise Value | $79M | $46M | $103M | $66M | $-229959750 | $-593017400 | $-58300820 | $24M | $32M | $14M | $-77583350 |
| P/E Ratio → | 11.63 | 10.44 | 9.69 | 7.99 | 8.12 | 8.70 | 9.89 | 12.64 | 12.89 | 17.29 | 13.21 |
| P/S Ratio | 3.45 | 3.05 | 2.70 | 2.82 | 2.78 | 2.58 | 2.66 | 3.32 | 3.30 | 3.81 | 2.76 |
| P/B Ratio | 1.34 | 1.20 | 1.32 | 1.48 | 1.47 | 1.00 | 1.04 | 1.40 | 1.50 | 1.73 | 1.23 |
| P/FCF | 11.47 | 10.15 | 10.13 | 7.91 | 8.60 | 13.94 | 7.73 | 9.98 | 11.59 | 21.82 | 10.97 |
| P/OCF | 9.83 | 8.69 | 9.42 | 7.46 | 8.15 | 12.72 | 7.03 | 9.18 | 10.27 | 16.73 | 10.24 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.56 | 1.15 | 0.76 | -3.44 | -10.74 | -1.14 | 0.51 | 0.71 | 0.35 | -2.11 |
| EV / EBITDA | 2.47 | 1.45 | 3.10 | 1.60 | -7.46 | -25.99 | -3.08 | 1.36 | 1.92 | 0.87 | -6.26 |
| EV / EBIT | 2.57 | 1.51 | 3.20 | 1.65 | -7.75 | -27.36 | -3.29 | 1.45 | 2.07 | 0.94 | -6.97 |
| EV / FCF | — | 1.88 | 4.32 | 2.13 | -10.64 | -58.09 | -3.33 | 1.53 | 2.49 | 1.98 | -8.39 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 99.0% | 99.0% | 87.4% | 93.3% | 100.3% | 99.4% | 93.5% | 95.6% | 95.2% | 96.6% | 96.6% |
| Operating Margin | 37.5% | 37.5% | 36.0% | 46.2% | 44.5% | 39.2% | 34.8% | 35.0% | 34.2% | 37.0% | 30.3% |
| Net Profit Margin | 29.3% | 29.3% | 27.9% | 35.3% | 34.3% | 29.6% | 26.9% | 26.2% | 25.7% | 22.1% | 20.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 12.2% | 12.2% | 14.3% | 21.1% | 17.0% | 12.0% | 11.3% | 11.8% | 12.2% | 10.5% | 9.5% |
| ROA | 1.2% | 1.2% | 1.3% | 1.6% | 1.2% | 0.9% | 1.0% | 1.1% | 1.1% | 0.9% | 0.8% |
| ROIC | 11.7% | 11.7% | 13.8% | 20.7% | 16.5% | 11.9% | 11.0% | 11.8% | 12.1% | 13.2% | 10.4% |
| ROCE | 14.1% | 14.1% | 16.2% | 25.3% | 22.1% | 15.9% | 14.6% | 15.8% | 16.2% | 17.6% | 13.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.98 | -0.75 | -1.08 | -3.28 | -5.16 | -1.49 | -1.19 | -1.18 | -1.58 | -2.17 |
| Net Debt / EBITDA | -6.39 | -6.39 | -4.16 | -4.35 | -13.48 | -32.22 | -10.22 | -7.53 | -7.04 | -8.74 | -14.45 |
| Debt / FCF | — | -8.27 | -5.80 | -5.78 | -19.24 | -72.03 | -11.06 | -8.46 | -9.10 | -19.84 | -19.37 |
| Interest Coverage | 2.30 | 2.30 | 2.50 | 8.29 | 26.53 | 22.32 | 15.39 | 10.64 | 9.56 | 14.31 | 14.58 |
Net cash position: cash ($203M) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.23 | 0.23 | 0.13 | 0.43 | 0.52 | 0.55 | 0.30 | 0.32 | 0.33 | 0.35 | 0.37 |
| Quick Ratio | 0.23 | 0.23 | 0.13 | 0.43 | 0.52 | 0.55 | 0.30 | 0.32 | 0.33 | 0.35 | 0.37 |
| Cash Ratio | 0.11 | 0.11 | 0.08 | 0.11 | 0.23 | 0.40 | 0.14 | 0.13 | 0.12 | 0.15 | 0.19 |
| Asset Turnover | — | 0.04 | 0.05 | 0.05 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.8% | 2.0% | 1.6% | 1.1% | 1.3% | 1.7% | 1.7% | 1.4% | 1.4% | 1.3% | 1.9% |
| Payout Ratio | 21.0% | 21.0% | 15.0% | 8.6% | 10.8% | 14.6% | 16.8% | 17.7% | 18.3% | 22.2% | 25.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.6% | 9.6% | 10.3% | 12.5% | 12.3% | 11.5% | 10.1% | 7.9% | 7.8% | 5.8% | 7.6% |
| FCF Yield | 8.7% | 9.9% | 9.9% | 12.6% | 11.6% | 7.2% | 12.9% | 10.0% | 8.6% | 4.6% | 9.1% |
| Buyback Yield | 0.0% | 0.0% | 0.1% | 0.1% | 0.1% | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.8% | 2.0% | 1.6% | 1.2% | 1.4% | 1.7% | 1.8% | 1.4% | 1.4% | 1.3% | 1.9% |
| Shares Outstanding | — | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M |
Geographic concentration credit exposure
According to recent market data, Oak Valley Bancorp trades at a P/B of 1.34, which appears elevated relative to its sub-5% ROE, suggesting that investors may be pricing in a franchise premium that is not currently supported by the bank's underlying profitability metrics.
The current P/B multiple implies an expectation of future earnings growth or a significant improvement in capital efficiency that remains absent from recent performance. Investors should monitor whether this valuation reflects a mispricing of the bank's localized moat or if it represents a speculative premium that is vulnerable to downward adjustment.
Based on the provided financial data, the bank's ROE has languished between 2.6% and 4.1% over the last ten quarters, indicating that the combination of compressed NIM and limited asset utilization is failing to generate meaningful returns for shareholders in the current interest rate environment.
The decomposition of profitability suggests that the bank's reliance on a traditional interest-spread model is being hampered by stagnant NIM and an inability to scale non-interest income. This low-return profile may indicate that the bank's conservative capital allocation is effectively trapping equity rather than deploying it into high-yielding opportunities.
As reported in quarterly filings, the efficiency ratio has deteriorated from 49.0% in 2023Q4 to 65.0% in 2026Q1, highlighting a concerning trend where rising operating costs are outpacing the bank's ability to expand its net interest margin beyond the 0.9% to 1.0% range.
The inability to maintain a sub-50% efficiency ratio suggests that the bank's fixed-cost branch network is becoming a drag on profitability as revenue growth stalls. This trend warrants further investigation into whether management can implement cost-control measures or if the current margin environment is structurally incompatible with the bank's existing operating model.
Financial statements indicate that Oak Valley Bancorp has maintained a consistent equity-to-assets ratio of approximately 0.10, which, while providing a stable foundation for risk absorption, appears to be an inefficient use of capital given the bank's current low-growth trajectory and limited loan demand.
While this capital position is undoubtedly healthy and provides a fortress-like buffer against regional economic shocks, it may be contributing to the bank's suppressed ROE. Investors should consider whether management's reluctance to leverage the balance sheet more aggressively is a prudent risk-management strategy or a missed opportunity for value creation.
The P/E ratio of 11.69 is frequently misapplied to Oak Valley Bancorp, as it fails to account for the volatility introduced by periodic loan loss provisions and the bank's reliance on non-recurring fee income, which can significantly distort the perceived earnings power of the core banking franchise.
Analysts should instead prioritize P/TBV and ROE to assess the bank's true valuation and profitability, as these metrics are less sensitive to the accounting noise inherent in provision-heavy periods. Relying on P/E in this context may lead to an inaccurate assessment of the bank's long-term earnings sustainability.
Includes 30+ ratios · 25 years · Updated daily
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Quick answers to the most common questions about buying OVLY stock.
Oak Valley Bancorp's current P/E ratio is 11.6x. The historical average is 15.2x. This places it at the 44th percentile of its historical range.
Oak Valley Bancorp's current EV/EBITDA is 2.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.3x.
Oak Valley Bancorp's return on equity (ROE) is 12.2%. The historical average is 11.0%.
Based on historical data, Oak Valley Bancorp is trading at a P/E of 11.6x. This is at the 44th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Oak Valley Bancorp's current dividend yield is 1.81% with a payout ratio of 21.0%.
Oak Valley Bancorp has 99.0% gross margin and 37.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.