City Holding Company
Financial ratios & Valuation

Forward Multiples (2025 – 2025)

2025
Price/Earnings ratio
16.66
Price/Sales ratio
6.36
Earnings per Share (EPS)
$7.40

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
13.5312.7519.3219.1414.8814.9612.4014.2813.5414.3315.3214.88
Price/Sales ratio
4.144.105.805.595.365.964.805.755.615.715.135.96
Price/Book Value ratio
1.821.642.272.061.722.031.581.842.392.422.391.72
Price/Cash Flow ratio
13.4314.4115.4113.3514.2613.5512.3712.3011.9311.9113.4613.55
Price/Free Cash Flow ratio
13.8615.3716.8314.5916.5714.2313.1812.7112.1512.1713.7714.23
Price/Earnings Growth ratio
1.393.09-8.5522.080.490.765.616.600.671.2020.530.49
Dividend Yield
3.41%3.66%2.55%2.60%2.83%2.65%3.30%2.87%2.65%2.43%2.42%2.65%
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%100%100%100%100%100%
Operating Profit Margin
44.65%49.08%44.47%48.83%58.53%50.59%48.09%50.82%55.66%51.72%22.22%50.59%
Pretax Profit Margin
44.65%49.08%44.47%48.83%45.30%50.59%48.09%50.82%51.74%49.92%41.59%50.59%
Net Profit Margin
30.62%32.18%30.02%29.22%36.03%39.83%38.71%40.26%41.47%39.90%33.36%39.83%
Effective Tax Rate
31.42%34.43%32.48%40.15%20.46%21.26%19.50%20.78%19.83%20.08%19.58%21.26%
Return on Assets
1.53%1.45%1.31%1.31%1.42%1.78%1.55%1.46%1.73%1.85%1.79%1.42%
Return On Equity
13.52%12.90%11.78%10.81%11.59%13.57%12.77%12.93%17.66%16.89%16.59%11.59%
Return on Capital Employed
2.23%2.23%1.97%2.22%2.33%3.65%3.41%3.49%5.54%2.40%1.19%3.65%
Liquidity Ratios
Current Ratio
0.040.010.010.010.010.02N/AN/AN/AN/AN/A0.02
Quick Ratio
N/A237.3551.3362.0797.120.580.900.960.57N/AN/A0.58
Cash ratio
N/A5.391.371.523.070.070.210.220.05N/AN/A0.07
Days of Sales Outstanding
14.4016.1317.6718.1123.3418.8224.9026.0727.1225.8322.9418.82
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A22.94N/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A22.94N/A
Debt Ratios
Debt Ratio
0.000.000.000.000.000.00N/AN/AN/A0.070.020.00
Debt Equity Ratio
0.040.070.030.030.000.00N/AN/AN/A0.640.200.00
Long-term Debt to Capitalization
0.040.030.030.030.000.00N/AN/AN/A0.120.160.00
Total Debt to Capitalization
0.040.060.030.030.000.00N/AN/AN/A0.390.160.00
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.13N/A
Cash Flow to Debt Ratio
3.231.623.964.7118.0224.32N/AN/AN/A0.310.8724.32
Company Equity Multiplier
8.838.858.978.228.117.628.218.8110.179.108.678.11
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.300.280.370.410.370.430.380.460.470.470.370.37
Free Cash Flow / Operating Cash Flow Ratio
0.960.930.910.910.860.950.930.960.980.970.980.86
Cash Flow Coverage Ratio
3.231.623.964.7118.0224.32N/AN/AN/A0.310.8724.32
Short Term Coverage Ratio
N/A3.68N/AN/AN/AN/AN/AN/AN/A0.41N/AN/A
Dividend Payout Ratio
46.23%46.77%49.33%49.93%42.26%39.78%40.93%41.02%35.95%34.96%36.75%39.78%