CB Financial Services, Inc. (CBFV) Financial Ratios
24 years of historical data (2002–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
27.19
↑+220% vs avg
5yr avg: 8.50
30Y Low1.7·High26.5
P/FCF
↓
11.09
↓-36% vs avg
5yr avg: 17.26
30Y Low1.8·High44.1
P/B Ratio
↑
1.26
↑+25% vs avg
5yr avg: 1.01
30Y Low0.6·High1.4
ROE
↓
3.2%
↑-66% vs avg
5yr avg: 9.6%
30Y Low-7%·High18%
Debt/EBITDA
↑
4.89
↑+95% vs avg
5yr avg: 2.51
30Y Low1.1·High9.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CBFV Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
CB Financial Services, Inc. trades at 40.8x earnings, 167% above its 5-year average of 15.3x, sitting at the 100th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.9x, the stock trades at a premium of 194%. On a free-cash-flow basis, the stock trades at 11.1x P/FCF, 36% below the 5-year average of 17.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $190M | $185M | $152M | $122M | $110M | $130M | $108M | $164M | $125M | $123M | $106M |
| Enterprise Value | $193M | $188M | $137M | $88M | $29M | $67M | $-3676137 | $129M | $153M | $167M | $173M |
| P/E Ratio → | 40.78 | 37.89 | 12.01 | 5.41 | 9.83 | 11.20 | — | 11.46 | 17.70 | 17.75 | 13.90 |
| P/S Ratio | 2.77 | 2.70 | 1.91 | 2.03 | 2.02 | 2.59 | 1.99 | 2.85 | 2.46 | 3.14 | 2.75 |
| P/B Ratio | 1.26 | 1.17 | 1.03 | 0.87 | 1.00 | 0.98 | 0.80 | 1.09 | 0.91 | 1.32 | 1.18 |
| P/FCF | 11.09 | 10.78 | 44.12 | 11.15 | 8.09 | 12.17 | 7.86 | 9.70 | 14.96 | 15.89 | 13.15 |
| P/OCF | 10.69 | 10.39 | 22.45 | 8.57 | 7.80 | 9.94 | 7.68 | 9.19 | 9.13 | 10.63 | 9.99 |
P/E links to full P/E history page with 30-year chart
CBFV EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
CB Financial Services, Inc.'s enterprise value stands at 27.2x EBITDA, 220% above its 5-year average of 8.5x. The Financial Services sector median is 11.5x, placing the stock at a 136% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.74 | 1.73 | 1.47 | 0.54 | 1.34 | -0.07 | 2.23 | 3.02 | 4.25 | 4.51 |
| EV / EBITDA | 27.19 | 26.45 | 7.69 | 2.68 | 1.75 | 3.91 | — | 6.50 | 13.17 | 13.54 | 12.58 |
| EV / EBIT | 36.48 | 35.48 | 8.91 | 2.92 | 2.08 | 4.56 | — | 8.01 | 17.84 | 16.99 | 16.22 |
| EV / FCF | — | 10.96 | 39.80 | 8.08 | 2.15 | 6.28 | -0.27 | 7.60 | 18.40 | 21.50 | 21.59 |
CBFV Profitability
Margins and return-on-capital ratios measuring operating efficiency
CB Financial Services, Inc. earns an operating margin of 7.7%, below the Financial Services sector average of 20.2%. Operating margins have compressed from 50.4% to 7.7% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 3.2% is modest, trailing the sector median of 9.0%. ROIC of 2.1% represents below-average returns on invested capital versus a sector median of 5.4%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 62.5% | 62.5% | 61.3% | 71.4% | 84.4% | 95.4% | 82.4% | 85.1% | 83.3% | 86.7% | 87.2% |
| Operating Margin | 7.7% | 7.7% | 19.4% | 50.4% | 25.7% | 29.4% | -17.2% | 27.8% | 16.9% | 25.0% | 27.8% |
| Net Profit Margin | 7.1% | 7.1% | 15.9% | 37.6% | 20.5% | 23.1% | -19.5% | 24.8% | 13.9% | 17.7% | 19.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.2% | 3.2% | 8.8% | 18.0% | 9.2% | 8.6% | -7.5% | 9.9% | 6.1% | 7.6% | 8.6% |
| ROA | 0.3% | 0.3% | 0.9% | 1.6% | 0.8% | 0.8% | -0.8% | 1.1% | 0.6% | 0.8% | 0.9% |
| ROIC | 2.1% | 2.1% | 6.5% | 14.8% | 6.5% | 5.9% | -3.7% | 5.8% | 3.4% | 4.5% | 4.9% |
| ROCE | 2.9% | 2.9% | 8.4% | 19.3% | 10.3% | 10.2% | -6.3% | 11.3% | 7.1% | 9.4% | 10.9% |
CBFV Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
CB Financial Services, Inc. carries a Debt/EBITDA ratio of 4.9x, which is highly leveraged (15% above the sector average of 4.3x). Net debt stands at $3M ($35M total debt minus $32M cash). Interest coverage of just 0.2x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.22 | 0.22 | 0.24 | 0.25 | 0.21 | 0.43 | 0.36 | 0.29 | 0.60 | 0.69 | 0.92 |
| Debt / EBITDA | 4.89 | 4.89 | 1.95 | 1.05 | 1.35 | 3.32 | — | 2.25 | 7.04 | 5.20 | 5.95 |
| Net Debt / Equity | — | 0.02 | -0.10 | -0.24 | -0.74 | -0.47 | -0.83 | -0.24 | 0.21 | 0.47 | 0.76 |
| Net Debt / EBITDA | 0.43 | 0.43 | -0.84 | -1.02 | -4.83 | -3.67 | — | -1.80 | 2.46 | 3.53 | 4.92 |
| Debt / FCF | — | 0.18 | -4.32 | -3.07 | -5.94 | -5.89 | -8.13 | -2.11 | 3.43 | 5.60 | 8.44 |
| Interest Coverage | 0.21 | 0.21 | 0.51 | 1.71 | 2.94 | 4.32 | -1.69 | 2.04 | 1.44 | 2.91 | 3.73 |
CBFV Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.02x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.22x to 0.02x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.02 | 0.02 | 0.24 | 0.22 | 0.24 | 0.28 | 0.25 | 0.25 | 0.25 | 0.19 | 0.17 |
| Quick Ratio | 0.02 | 0.02 | 0.24 | 0.22 | 0.24 | 0.28 | 0.25 | 0.25 | 0.25 | 0.19 | 0.17 |
| Cash Ratio | 0.02 | 0.02 | 0.04 | 0.05 | 0.08 | 0.09 | 0.13 | 0.07 | 0.05 | 0.03 | 0.02 |
| Asset Turnover | — | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
CBFV Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
CB Financial Services, Inc. returns 6.2% to shareholders annually — split between a 2.6% dividend yield and 3.6% buyback yield. The payout ratio exceeds 100% at 104.7%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 2.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.6% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | 104.7% | 104.7% | 40.7% | 22.7% | 43.7% | 44.7% | — | 36.4% | 64.2% | 51.8% | 47.4% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.5% | 2.6% | 8.3% | 18.5% | 10.2% | 8.9% | — | 8.7% | 5.6% | 5.6% | 7.2% |
| FCF Yield | 9.0% | 9.3% | 2.3% | 9.0% | 12.4% | 8.2% | 12.7% | 10.3% | 6.7% | 6.3% | 7.6% |
| Buyback Yield | 3.6% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 6.2% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $4M | $4M |
Peer Comparison
Compare CBFV with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CBFVYou | $190M | 40.8 | 27.2 | 11.1 | 62.5% | 7.7% | 3.2% | 2.1% | 4.9 |
 CZWI | $207M | 14.7 | 15.7 | 19.9 | 54.7% | 7.0% | 7.9% | 2.0% | 5.8 |
 FUNC | $272M | 11.1 | 7.8 | 17.7 | 70.2% | 27.3% | 12.8% | 7.1% | 3.5 |
 BFST | $956M | 10.5 | 9.2 | 10.4 | 60.9% | 22.2% | 10.4% | 6.2% | 4.6 |
 FXNC | $273M | 15.4 | 7.0 | 13.0 | 74.0% | 19.6% | 10.0% | 7.7% | 1.9 |
 MNSB | $184M | 14.2 | 11.9 | 17.3 | 54.4% | 14.0% | 7.3% | 5.0% | 3.7 |
 NKSH | $231M | 14.6 | 11.7 | 15.3 | 65.1% | 22.5% | 9.3% | 8.4% | 0.1 |
 CARE | $662M | 21.3 | 18.4 | 20.8 | 61.7% | 15.7% | 7.8% | 5.7% | 4.5 |
 FIS | $20B | 52.3 | 6.5 | 7.2 | 36.9% | 16.5% | 2.6% | 6.0% | 1.1 |
 JKHY | $9B | 20.5 | 11.9 | 15.8 | 42.7% | 23.9% | 21.4% | 21.0% | — |
 FISV | $29B | 8.5 | 6.4 | 6.6 | 59.4% | 26.9% | 13.0% | 8.1% | 3.3 |
| Financial Services Median | — | 13.9 | 11.5 | 11.2 | 64.1% | 20.2% | 9.0% | 5.4% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 18 years · Updated daily
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Run the NumbersIs CBFV Undervalued Right Now?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
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Compare NowCBFV — Frequently Asked Questions
Quick answers to the most common questions about buying CBFV stock.
What is CB Financial Services, Inc.'s P/E ratio?
CB Financial Services, Inc.'s current P/E ratio is 40.8x. The historical average is 15.0x. This places it at the 100th percentile of its historical range.
What is CB Financial Services, Inc.'s EV/EBITDA?
CB Financial Services, Inc.'s current EV/EBITDA is 27.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.6x.
What is CB Financial Services, Inc.'s ROE?
CB Financial Services, Inc.'s return on equity (ROE) is 3.2%. The historical average is 7.9%.
Is CBFV stock overvalued?
Based on historical data, CB Financial Services, Inc. is trading at a P/E of 40.8x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is CB Financial Services, Inc.'s dividend yield?
CB Financial Services, Inc.'s current dividend yield is 2.58% with a payout ratio of 104.7%.
What are CB Financial Services, Inc.'s profit margins?
CB Financial Services, Inc. has 62.5% gross margin and 7.7% operating margin.
How much debt does CB Financial Services, Inc. have?
CB Financial Services, Inc.'s Debt/EBITDA ratio is 4.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.