Ohio Valley Banc Corp
OVBC
#8756
Rank
โ‚ฌ0.11 B
Marketcap
23,93ย โ‚ฌ
Share price
0.00%
Change (1 day)
10.19%
Change (1 year)

P/E ratio for Ohio Valley Banc Corp (OVBC)

P/E ratio as of December 2024 (TTM): 9.17

According to Ohio Valley Banc Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.17159. At the end of 2022 the company had a P/E ratio of 9.44.

P/E ratio history for Ohio Valley Banc Corp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.44-22.03%
202112.19.74%
202011.0-42.1%
201919.036.17%
201814.0-44.6%
201725.349.46%
201616.943.14%
201511.8-5.25%
201412.513.19%
201311.02.44%
201210.714.4%
20119.39-38.67%
201015.316.08%
200913.229.72%
200810.2-39.38%
200716.8-15.28%
200619.822.58%
200516.217.59%
200413.7-4.46%
200314.413.94%
200212.6-26.46%
200117.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.26 0.96%๐Ÿ‡บ๐Ÿ‡ธ USA
9.57 4.34%๐Ÿ‡บ๐Ÿ‡ธ USA
20.8 127.23%๐Ÿ‡บ๐Ÿ‡ธ USA
10.6 15.65%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9 30.14%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.