Ohio Return On Equity from 2010 to 2024

OVBC Stock  USD 27.18  0.18  0.67%   
Ohio Valley's Return On Equity is decreasing over the years with very volatile fluctuation. Overall, Return On Equity is expected to go to 0.11 this year. Return On Equity is a measure of the profitability of Ohio Valley Banc in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.08771101
Current Value
0.11
Quarterly Volatility
0.01342264
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ohio Valley financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ohio Valley's main balance sheet or income statement drivers, such as Depreciation And Amortization of 840.2 K, Interest Expense of 10.2 M or Selling General Administrative of 18.3 M, as well as many indicators such as Price To Sales Ratio of 3.19, Dividend Yield of 0.0249 or PTB Ratio of 0.72. Ohio financial statements analysis is a perfect complement when working with Ohio Valley Valuation or Volatility modules.
  
Check out the analysis of Ohio Valley Correlation against competitors.

Latest Ohio Valley's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Ohio Valley Banc over the last few years. Return on Equity is the amount of Ohio Valley Banc net income returned as a percentage of Ohio Valley equity. Return on equity measures Ohio Valley profitability by revealing how much profit Ohio Valley Banc generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Ohio Valley's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ohio Valley's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.08110 Years Trend
Very volatile
   Return On Equity   
       Timeline  

Ohio Return On Equity Regression Statistics

Arithmetic Mean0.09
Geometric Mean0.09
Coefficient Of Variation15.06
Mean Deviation0.01
Median0.09
Standard Deviation0.01
Sample Variance0.0002
Range0.0438
R-Value(0.03)
Mean Square Error0.0002
R-Squared0.0009
Significance0.91
Slope(0.000091)
Total Sum of Squares0

Ohio Return On Equity History

2023 0.0877
2022 0.0988
2021 0.083
2020 0.0753
2019 0.0773
2017 0.0687
2016 0.0662

About Ohio Valley Financial Statements

Ohio Valley stakeholders use historical fundamental indicators, such as Ohio Valley's Return On Equity, to determine how well the company is positioned to perform in the future. Although Ohio Valley investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ohio Valley's assets and liabilities are reflected in the revenues and expenses on Ohio Valley's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ohio Valley Banc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.09  0.11 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ohio Valley Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ohio Valley's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ohio Valley Banc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ohio Valley Banc Stock:
Check out the analysis of Ohio Valley Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ohio Valley. If investors know Ohio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ohio Valley listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.224
Dividend Share
0.88
Earnings Share
2.47
Revenue Per Share
12.065
Quarterly Revenue Growth
0.112
The market value of Ohio Valley Banc is measured differently than its book value, which is the value of Ohio that is recorded on the company's balance sheet. Investors also form their own opinion of Ohio Valley's value that differs from its market value or its book value, called intrinsic value, which is Ohio Valley's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ohio Valley's market value can be influenced by many factors that don't directly affect Ohio Valley's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ohio Valley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ohio Valley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ohio Valley's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.