P/E ratio for Ohio Valley Banc Corp (OVBC)
P/E ratio as of April 2024 (TTM): 8.67
According to Ohio Valley Banc Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.67159. 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 |
|---|---|---|
| 2022 | 9.44 | -22.03% |
| 2021 | 12.1 | 9.74% |
| 2020 | 11.0 | -42.1% |
| 2019 | 19.0 | 36.17% |
| 2018 | 14.0 | -44.6% |
| 2017 | 25.3 | 49.46% |
| 2016 | 16.9 | 43.14% |
| 2015 | 11.8 | -5.25% |
| 2014 | 12.5 | 13.19% |
| 2013 | 11.0 | 2.44% |
| 2012 | 10.7 | 14.4% |
| 2011 | 9.39 | -38.67% |
| 2010 | 15.3 | 16.08% |
| 2009 | 13.2 | 29.72% |
| 2008 | 10.2 | -39.38% |
| 2007 | 16.8 | -15.28% |
| 2006 | 19.8 | 22.58% |
| 2005 | 16.2 | 17.59% |
| 2004 | 13.7 | -4.46% |
| 2003 | 14.4 | 13.94% |
| 2002 | 12.6 | -26.46% |
| 2001 | 17.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Huntington Bancshares
HBAN | 8.94 | 3.04% | 🇺🇸 USA |
 WesBanco WSBC | 10.1 | 16.47% | 🇺🇸 USA |
 Peoples Bancorp PEBO | 8.63 | -0.45% | 🇺🇸 USA |
 First Financial Bank
FFBC | 7.88 | -9.08% | 🇺🇸 USA |
 Park National Corp PRK | 16.5 | 89.88% | 🇺🇸 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.