Ohio Valley Banc Corp
OVBC
#6574
Rank
$0.11 B
Marketcap
$23.60
Share price
1.07%
Change (1 day)
-23.13%
Change (1 year)

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

P/E ratio as of May 2023 (TTM): 8.43

According to Ohio Valley Banc Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.42857. At the end of 2021 the company had a P/E ratio of 12.1.

P/E ratio history for Ohio Valley Banc Corp from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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%
201210.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.70-20.50%๐Ÿ‡บ๐Ÿ‡ธ USA
8.07-4.30%๐Ÿ‡บ๐Ÿ‡ธ USA
7.21-14.51%๐Ÿ‡บ๐Ÿ‡ธ USA
7.45-11.65%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5 37.01%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.