Bank of the James Financial Group
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
10.1512.0820.2122.3610.7311.9110.569.676.246.408.3711.91
Price/Sales ratio
1.732.042.812.622.042.141.501.971.331.411.312.14
Price/Book Value ratio
0.990.921.341.261.031.080.781.051.110.921.021.08
Price/Cash Flow ratio
6.1613.3223.849.736.6411.9410.124.656.005.877.306.64
Price/Free Cash Flow ratio
8.0924.3161.6113.629.0755.9515.265.706.887.0410.459.07
Price/Earnings Growth ratio
0.932.22-0.67-2.170.132.18-1.020.170.32N/A1.010.13
Dividend Yield
1.46%1.80%1.58%1.60%1.84%1.83%2.30%1.73%2.43%2.62%2.57%1.84%
Profitability Indicator Ratios
Gross Profit Margin
98.89%98.61%100%100%100%100%100%100%100%100%100%100%
Operating Profit Margin
17.94%36.84%30.33%33.50%37.39%22.30%17.64%25.41%31.55%26.11%40.99%37.39%
Pretax Profit Margin
23.51%24.50%20.39%21.49%23.78%22.30%17.64%25.41%26.43%26.11%18.33%22.30%
Net Profit Margin
17.07%16.93%13.92%11.71%19.01%18.02%14.22%20.40%21.31%22.11%15.68%18.02%
Effective Tax Rate
27.39%30.90%31.72%45.48%20.04%19.16%19.40%19.70%19.36%15.32%14.92%19.16%
Return on Assets
0.74%0.70%0.57%0.46%0.78%0.77%0.58%0.76%0.96%0.89%0.83%0.78%
Return On Equity
9.81%7.66%6.64%5.65%9.61%9.10%7.46%10.93%17.83%14.49%13.43%9.61%
Return on Capital Employed
0.77%1.52%1.24%1.33%1.54%0.95%0.72%0.95%1.42%1.06%2.51%1.54%
Liquidity Ratios
Current Ratio
0.000.03N/A0.030.040.04N/AN/AN/AN/A1.630.04
Quick Ratio
661.79872.061.06K1.09K1.08K783.992.68K8.24K3.18KN/A1.63783.99
Cash ratio
219.70261.50192.47182.58210.43178372.74637.76337.35N/A0.17178
Days of Sales Outstanding
40.0020.8921.3125.07N/A21.9024.5021.0123.7626.2818.3121.90
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
40.0020.89N/AN/AN/AN/AN/AN/AN/AN/A18.31N/A
Days of Payables Outstanding
96.2273.97N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
-56.22-53.07N/AN/AN/AN/AN/AN/AN/AN/A18.31N/A
Debt Ratios
Debt Ratio
0.040.01N/A0.000.000.000.010.020.020.020.010.00
Debt Equity Ratio
0.630.20N/A0.090.090.080.150.300.400.330.280.09
Long-term Debt to Capitalization
0.380.17N/A0.080.080.070.130.230.280.240.220.08
Total Debt to Capitalization
0.380.17N/A0.080.080.070.130.230.280.240.220.08
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/A6.39N/AN/AN/A1.96N/A
Cash Flow to Debt Ratio
0.250.33N/A1.341.711.110.510.750.450.470.491.11
Company Equity Multiplier
13.2510.9411.6112.1212.2311.7812.7514.2218.4816.1414.6412.23
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.280.150.110.260.300.170.140.420.220.240.170.17
Free Cash Flow / Operating Cash Flow Ratio
0.760.540.380.710.730.210.660.810.870.830.690.21
Cash Flow Coverage Ratio
0.250.33N/A1.341.711.110.510.750.450.470.491.11
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
14.82%21.74%31.95%35.93%19.80%21.87%24.39%16.74%15.23%16.78%20.45%19.80%