UBOH (United Bancshares) Scaled Net Operating Assets: 0.06 (As of Mar. 2026)


UBOH United Bancshares Inc UBOH
46 GF Score
Price $38.00
GF Value $28.91
Valuation Significantly Overvalued
! 1 Warning Sign
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What is United Bancshares Scaled Net Operating Assets?

United Bancshares UBOH 46 Scaled Net Operating Assets is 0.06 as of Mar. 2026. GuruFocus rates UBOH with a GF Score™ of 46/100 and a GF Value™ of $28.91 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

United Bancshares's operating assets for the quarter that ended in Mar. 2026 was $1,162.39 Mil. United Bancshares's operating liabilities for the quarter that ended in Mar. 2026 was $1,092.60 Mil. United Bancshares's Total Assets for the quarter that ended in Dec. 2025 was $1,193.40 Mil. Therefore, United Bancshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.06.

UBOH
46GF Score
United Bancshares Inc UBOH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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United Bancshares Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

United Bancshares's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1141.564-1063.167)/1189.33
=0.07

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1193.397 - 51.833
=1141.564

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1079.735 - 16.568 - 0
=1063.167

United Bancshares's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(1162.394-1092.6)/1193.397
=0.06

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1215.023 - 52.629
=1162.394

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1108.914 - 16.314 - 0
=1092.6

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.06 mean?
United Bancshares (UBOH) has a Scaled Net Operating Assets of 0.06 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on United Bancshares and its competitors.
Is United Bancshares' Scaled Net Operating Assets too high?
United Bancshares' current Scaled Net Operating Assets is 0.06. Overall, United Bancshares has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Bancshares' Scaled Net Operating Assets compare to CMHF and SFBC?
United Bancshares' Scaled Net Operating Assets of 0.06 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on United Bancshares and its competitors. United Bancshares's current Scaled Net Operating Assets is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Bancshares stock overvalued right now?
Based on GuruFocus' analysis, United Bancshares (UBOH) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.91, compared to a current price of $38.00 — trading 31.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.06. United Bancshares' overall GF Score™ is 46/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For United Bancshares (UBOH), the current Scaled Net Operating Assets is 0.06 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is United Bancshares (UBOH) Overvalued in 2026?

Based on GuruFocus' analysis, United Bancshares stock appears to be overvalued. The current stock price of $38.00 is trading 31.4% above its estimated GF Value™ of $28.91. GuruFocus considers United Bancshares to be Significantly Overvalued.

Key valuation signals for UBOH:

  • Scaled Net Operating Assets: 0.06
  • GF Value™: $28.91 vs. price of $38.00 (31.4% above fair value)
  • GF Score™: 46/100 with 1 warning sign

No single metric tells the full story. See the UBOH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

United Bancshares Business Description

Address 105 Progressive Drive, Columbus Grove, OH, USA, 45830
United Bancshares Inc is a financial holding company engaged in the business of full-service community banking, offering a full range of commercial and consumer banking services. It provides products including residential, commercial and multi-family real estate, commercial, and consumer loans, along with securities portfolio management. Its services include deposit services, lending, and risk management. The Bank offers a range of commercial banking services, including checking, savings, money market accounts, time certificates of deposit, and automated teller machines; as well as commercial, consumer, agricultural, residential mortgage, and home equity loans; online and mobile banking; remote and mobile deposit; safe deposit box rentals; and other personalized banking services.
46GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.00
Price
$28.91
GF Value