Is Ohio Valley Banc Corp. overvalued or undervalued?

As of 25 April 2025, the valuation grade for Ohio Valley Banc Corp. has moved from expensive to fair. Based on the current metrics, the company appears to be fairly valued. Key valuation ratios include a P/E ratio of 13, a Price to Book Value of 1.08, and an EV to EBITDA of 5.73. In comparison to peers, Hawthorn Bancshares, Inc. has a P/E of 11.27, while OP Bancorp stands out with a very attractive P/E of 9.91.
Despite the fair valuation, Ohio Valley Banc Corp. has shown strong performance with a year-to-date return of 60.68%, significantly outperforming the S&P 500's return of 12.22% over the same period. This positive return trend reinforces the company's current valuation stance.