Latest Ratios: P/E Ratio 18.6x · EV/EBITDA 14.8x · ROE 7.8%. (2013–2025 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 | $190M | $132M | $104M | $87M | $100M | $117M | $92M | $121M | — | — | — |
| Enterprise Value | $201M | $143M | $160M | $206M | $146M | $121M | $54M | $181M | — | — | — |
| P/E Ratio → | 18.57 | 13.07 | — | 20.13 | 14.23 | 10.06 | 15.55 | 20.20 | — | — | — |
| P/S Ratio | 2.50 | 1.74 | 1.92 | 1.32 | 1.84 | 2.28 | 1.74 | 2.60 | — | — | — |
| P/B Ratio | 1.37 | 0.96 | 0.85 | 0.77 | 0.93 | 0.93 | 0.79 | 1.10 | — | — | — |
| P/FCF | 17.41 | 12.09 | 13.55 | 13.51 | 7.34 | 19.87 | 7.08 | 12.72 | — | — | — |
| P/OCF | 16.15 | 11.22 | 12.28 | 12.40 | 6.78 | 15.26 | 6.19 | 10.00 | — | — | — |
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 | — | 1.89 | 2.94 | 3.10 | 2.68 | 2.36 | 1.03 | 3.87 | — | — | — |
| EV / EBITDA | 14.81 | 10.55 | — | 28.99 | 13.87 | 7.24 | 6.09 | 20.46 | — | — | — |
| EV / EBIT | 15.85 | 11.29 | — | 36.69 | 16.45 | 8.04 | 7.26 | 24.10 | — | — | — |
| EV / FCF | — | 13.15 | 20.81 | 31.84 | 10.71 | 20.50 | 4.17 | 18.97 | — | — | — |
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 | 68.2% | 68.2% | 47.8% | 63.3% | 85.0% | 98.8% | 71.2% | 76.0% | 81.1% | 87.7% | 86.8% |
| Operating Margin | 16.7% | 16.7% | -20.2% | 8.5% | 16.3% | 29.3% | 14.2% | 16.1% | 13.7% | 19.3% | 12.5% |
| Net Profit Margin | 13.2% | 13.2% | -15.9% | 6.6% | 12.8% | 22.6% | 11.2% | 12.8% | 11.1% | 8.8% | 8.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.8% | 7.8% | -7.3% | 4.0% | 6.0% | 9.5% | 5.2% | 7.1% | 7.6% | 5.6% | 5.2% |
| ROA | 0.8% | 0.8% | -0.7% | 0.3% | 0.5% | 1.0% | 0.6% | 0.6% | 0.5% | 0.4% | 0.4% |
| ROIC | 5.2% | 5.2% | -3.7% | 2.0% | 4.2% | 7.0% | 3.2% | 4.0% | 4.6% | 7.0% | 4.9% |
| ROCE | 6.1% | 6.1% | -4.4% | 2.4% | 5.2% | 8.8% | 4.0% | 4.0% | 4.1% | 8.4% | 1.1% |
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 | 0.22 | 0.22 | 0.62 | 1.17 | 0.58 | 0.18 | 0.48 | 0.65 | 0.70 | 0.36 | 0.28 |
| Debt / EBITDA | 2.23 | 2.23 | — | 18.75 | 5.96 | 1.39 | 6.28 | 8.10 | 6.36 | 2.57 | 2.75 |
| Net Debt / Equity | — | 0.08 | 0.46 | 1.04 | 0.43 | 0.03 | -0.32 | 0.54 | -0.15 | 0.17 | 0.03 |
| Net Debt / EBITDA | 0.85 | 0.85 | — | 16.69 | 4.37 | 0.23 | -4.23 | 6.74 | -1.35 | 1.23 | 0.32 |
| Debt / FCF | — | 1.05 | 7.26 | 18.33 | 3.37 | 0.64 | -2.90 | 6.25 | -1.18 | 2.05 | 0.44 |
| Interest Coverage | 0.56 | 0.56 | -0.43 | 0.25 | 1.32 | 3.50 | 0.93 | 0.86 | 1.01 | 2.00 | 1.31 |
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 | 0.12 | 0.12 | 0.15 | 0.16 | 0.21 | 0.27 | 0.21 | 0.17 | 0.22 | 0.19 | 0.24 |
| Quick Ratio | 0.12 | 0.12 | 0.15 | 0.16 | 0.21 | 0.27 | 0.21 | 0.17 | 0.22 | 0.19 | 0.24 |
| Cash Ratio | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.02 | 0.10 | 0.02 | 0.07 | 0.02 | 0.02 |
| Asset Turnover | — | 0.06 | 0.04 | 0.05 | 0.04 | 0.04 | 0.05 | 0.05 | 0.04 | 0.05 | 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 | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.4% | 7.7% | — | 5.0% | 7.0% | 9.9% | 6.4% | 5.0% | — | — | — |
| FCF Yield | 5.7% | 8.3% | 7.4% | 7.4% | 13.6% | 5.0% | 14.1% | 7.9% | — | — | — |
| Buyback Yield | 0.1% | 0.1% | 0.0% | 1.7% | 0.1% | 0.1% | 0.0% | 33.9% | — | — | — |
| Total Shareholder Yield | 0.1% | 0.1% | 0.0% | 1.7% | 0.1% | 0.1% | 0.0% | 33.9% | — | — | — |
| Shares Outstanding | — | $11M | $11M | $11M | $11M | $11M | $11M | $11M | $4M | $4M | $4M |
Geographic and credit concentration
With a P/B ratio of 1.39, Rhinebeck Bancorp trades at a significant premium to its tangible book value, which appears disconnected from the bank's modest ROE of 1.6% as reported in the most recent quarterly data, suggesting the market may be pricing in speculative conversion potential.
The current valuation multiple implies that investors are paying a premium for the bank's MHC structure, likely anticipating a future second-step conversion that could unlock capital. However, given the low profitability metrics, this valuation appears difficult to justify on a fundamental basis without a clear path toward improved return on tangible equity.
According to the latest financial disclosures, the bank's ROE of 1.6% remains suppressed by a combination of thin net interest margins and limited leverage, indicating that the institution is struggling to generate meaningful returns on its existing capital base within the current interest rate environment.
The decomposition of profitability suggests that the bank's reliance on a conservative balance sheet, while safe, prevents the optimization of ROE. The lack of significant non-interest income contribution further limits the bank's ability to offset the margin compression observed in its core lending segments.
Based on reported figures, the net interest margin has remained locked at 0.9% for five consecutive quarters, which indicates that the bank's funding costs are effectively neutralizing any yield improvements from its loan portfolio, thereby constraining the bank's overall operating leverage and efficiency ratio performance.
The efficiency ratio's recovery to 53.9% from previous highs is a positive sign of cost discipline, yet the persistent margin stagnation suggests that the bank's core business model is currently operating at a structural ceiling. Investors should monitor whether the bank can successfully reprice its deposit base without further eroding its competitive position.
As indicated by the equity-to-assets ratio hovering between 0.09 and 0.11, Rhinebeck Bancorp maintains a stable capital position, though this conservative stance appears to limit the bank's capacity for aggressive asset growth or meaningful capital return to minority shareholders under the current mutual holding structure.
The bank's capital adequacy is sufficient for its current risk profile, but the lack of leverage suggests that management is prioritizing capital preservation over earnings growth. This approach provides a buffer against volatility but may continue to result in sub-par returns for public shareholders until the capital structure is optimized.
The P/E ratio of 18.90 is frequently misapplied to Rhinebeck Bancorp, as it fails to account for the volatility in provision for credit losses and the unique capital constraints inherent in the bank's mutual holding company structure, which often obscures the true underlying earnings power.
Investors should prioritize P/TBV over P/E, as the latter is highly sensitive to non-recurring credit provisions and does not reflect the capital trapped within the MHC. Relying on P/E ignores the fundamental reality that bank value is primarily driven by the ability to generate sustainable returns on tangible equity.
Includes 30+ ratios · 13 years · Updated daily
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Quick answers to the most common questions about buying RBKB stock.
Rhinebeck Bancorp, Inc.'s current P/E ratio is 18.6x. The historical average is 15.5x. This places it at the 67th percentile of its historical range.
Rhinebeck Bancorp, Inc.'s current EV/EBITDA is 14.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.5x.
Rhinebeck Bancorp, Inc.'s return on equity (ROE) is 7.8%. The historical average is 4.4%.
Based on historical data, Rhinebeck Bancorp, Inc. is trading at a P/E of 18.6x. This is at the 67th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Rhinebeck Bancorp, Inc. has 68.2% gross margin and 16.7% operating margin. Operating margin between 10-20% is typical for established companies.
Rhinebeck Bancorp, Inc.'s Debt/EBITDA ratio is 2.2x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.