CB Financial Services
Financial ratios & Valuation

Forward Multiples (2025 – 2025)

2025
Price/Earnings ratio
14.84
Price/Sales ratio
3.19
Earnings per Share (EPS)
$2.14

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
12.2111.0813.9117.6617.5011.43-10.1611.199.785.396.3911.43
Price/Sales ratio
2.352.582.933.372.723.192.192.74204.601.772.433.19
Price/Book Value ratio
0.631.071.171.310.891.080.800.970.990.870.980.89
Price/Cash Flow ratio
-21.831.8010.2510.579.039.167.689.927.778.5563.059.03
Price/Free Cash Flow ratio
-5.841.8313.6215.8014.819.677.8612.148.0611.12-61.009.67
Price/Earnings Growth ratio
-2.110.41-1.37-2.05-1.060.130.05-0.055.260.050.53-1.06
Dividend Yield
4.45%3.70%3.40%2.93%3.66%3.18%4.79%3.98%4.46%4.19%3.48%3.18%
Profitability Indicator Ratios
Gross Profit Margin
100%100%99.10%98.87%98.92%100%100%100%100%13.11%100%98.92%
Operating Profit Margin
35.35%45.95%44.91%41.72%32.08%31.27%-19.01%31.11%3677.13%54.80%44.31%32.08%
Pretax Profit Margin
26.53%32.80%29.79%27.02%18.95%31.27%-19.01%31.11%2617.10%44.06%50.78%18.95%
Net Profit Margin
19.30%23.28%21.11%19.11%15.56%27.90%-21.54%24.50%2090.52%32.80%38.21%15.56%
Effective Tax Rate
27.26%29.02%29.10%29.27%17.90%10.76%-13.28%21.26%20.12%25.54%24.73%17.90%
Return on Assets
0.50%1.01%0.89%0.74%0.55%1.08%-0.75%0.81%0.79%1.54%1.47%0.55%
Return On Equity
5.23%9.68%8.47%7.44%5.12%9.48%-7.90%8.69%10.21%16.12%16.06%5.12%
Return on Capital Employed
0.96%2.03%1.91%1.70%1.16%1.22%-0.68%1.06%1.41%2.58%3.57%1.16%
Liquidity Ratios
Current Ratio
0.390.560.680.520.310.323.91N/AN/AN/A0.510.31
Quick Ratio
4.098.6643.824.1126.8250.439.759.9226.84N/A0.5150.43
Cash ratio
0.380.844.240.471.4410.683.242.486.62N/A0.1810.68
Days of Sales Outstanding
152.8389.01N/AN/A108.69123.56N/AN/AN/AN/AN/A123.56
Days of Inventory outstanding
N/AN/A-19.27K-21.11KN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/A-19.27K-21.11K108.69N/AN/AN/AN/AN/AN/AN/A
Days of Payables Outstanding
N/AN/A3.83K3.37K4.81KN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/A-23.10K-24.48K-4.70KN/AN/AN/AN/AN/AN/A-4.70K
Debt Ratios
Debt Ratio
0.040.040.060.060.030.010.030.030.010.020.020.01
Debt Equity Ratio
0.490.420.650.680.370.090.340.400.200.240.230.09
Long-term Debt to Capitalization
0.150.240.230.200.120.050.040.090.110.190.180.12
Total Debt to Capitalization
0.330.300.390.400.270.080.250.280.170.190.180.08
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/A8.53N/AN/AN/A1.61N/A
Cash Flow to Debt Ratio
-0.051.380.170.180.261.270.290.240.620.410.061.27
Company Equity Multiplier
10.339.559.4510.029.308.7410.5310.7012.7910.4110.479.30
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.101.420.280.310.300.340.280.2726.300.200.030.34
Free Cash Flow / Operating Cash Flow Ratio
3.730.980.750.660.600.940.970.810.960.76-1.030.94
Cash Flow Coverage Ratio
-0.051.380.170.180.261.270.290.240.620.410.061.27
Short Term Coverage Ratio
-0.095.500.330.290.442.970.340.331.75N/AN/A2.97
Dividend Payout Ratio
54.35%41.10%47.38%51.80%64.22%36.39%-48.71%44.66%43.74%22.66%22.27%36.39%