Independent Bank Stock Price To Earning

IBCP Stock

USD 31.06 0.02 0.06%

Independent Bank fundamentals help investors to digest information that contributes to Independent Bank's financial success or failures. It also enables traders to predict the movement of Independent Stock. The fundamental analysis module provides a way to measure Independent Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Independent Bank stock.

Total Stockholder Equity Total Assets

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Independent Bank Company Price To Earning Analysis

Independent Bank's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Independent Bank Price To Earning

7.38 X

Most of Independent Bank's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Independent Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Independent Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Independent Bank is extremely important. It helps to project a fair market value of Independent Stock properly, considering its historical fundamentals such as Price To Earning. Since Independent Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Independent Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Independent Bank's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Net Receivables	Short Term Debt	Common Stock	Accounts Payable	Long Term Debt	Intangible Assets	Property Plant Equipment	Good Will	Short Term Investments	Net Tangible Assets	Long Term Debt Total	Long Term Investments	Short Long Term Debt	Earning Assets	Net Invested Capital	Capital Stock
Total Assets		0.93	0.44	0.81	0.61	-0.37	0.89	-0.06	0.39	0.8	0.74	0.8	-0.45	0.76	0.07	0.76	0.9	-0.16	0.17	-0.75	0.92	-0.88
Total Stockholder Equity	0.93		0.53	0.78	0.52	-0.28	0.73	-0.04	0.53	0.81	0.62	0.66	-0.55	0.73	0.16	0.9	0.8	0.02	0.01	-0.75	0.84	-0.78
Net Debt	0.44	0.53		0.64	0.29	-0.32	0.36	0.43	0.16	0.69	0.71	0.45	-0.82	0.57	0.32	0.65	0.54	0.14	-0.09	-0.44	0.48	-0.41
Retained Earnings	0.81	0.78	0.64		0.53	-0.71	0.85	-0.09	-0.04	0.8	0.82	0.76	-0.77	0.74	-0.05	0.65	0.9	-0.23	0.17	-0.75	0.9	-0.88
Total Liab	0.61	0.52	0.29	0.53		-0.36	0.72	0.16	0.2	0.39	0.46	0.65	-0.17	0.3	-0.59	0.31	0.69	-0.36	-0.17	-0.56	0.5	-0.54
Total Current Assets	-0.37	-0.28	-0.32	-0.71	-0.36		-0.6	0.12	0.48	-0.4	-0.63	-0.47	0.49	-0.39	0.36	-0.1	-0.67	0.35	-0.38	0.35	-0.61	0.65
Net Receivables	0.89	0.73	0.36	0.85	0.72	-0.6		-0.14	0.02	0.67	0.77	0.84	-0.41	0.64	-0.24	0.47	0.94	-0.38	0.23	-0.73	0.9	-0.91
Short Term Debt	-0.06	-0.04	0.43	-0.09	0.16	0.12	-0.14		0.27	0.04	0.13	0.02	0.0	-0.07	0.22	0.14	-0.05	-0.02	0.01	0.15	-0.15	0.15
Common Stock	0.39	0.53	0.16	-0.04	0.2	0.48	0.02	0.27		0.38	0.0	0.21	0.02	0.21	0.37	0.68	0.06	0.23	-0.09	-0.08	0.15	0.03
Accounts Payable	0.8	0.81	0.69	0.8	0.39	-0.4	0.67	0.04	0.38		0.77	0.83	-0.79	0.81	0.25	0.84	0.75	-0.11	0.29	-0.54	0.85	-0.64
Long Term Debt	0.74	0.62	0.71	0.82	0.46	-0.63	0.77	0.13	0.0	0.77		0.79	-0.66	0.81	0.1	0.54	0.88	-0.04	0.21	-0.62	0.85	-0.75
Intangible Assets	0.8	0.66	0.45	0.76	0.65	-0.47	0.84	0.02	0.21	0.83	0.79		-0.51	0.76	-0.12	0.56	0.81	-0.35	0.29	-0.56	0.86	-0.67
Property Plant Equipment	-0.45	-0.55	-0.82	-0.77	-0.17	0.49	-0.41	0.0	0.02	-0.79	-0.66	-0.51		-0.64	-0.2	-0.62	-0.55	-0.06	-0.06	0.45	-0.6	0.46
Good Will	0.76	0.73	0.57	0.74	0.3	-0.39	0.64	-0.07	0.21	0.81	0.81	0.76	-0.64		0.22	0.67	0.72	0.22	0.1	-0.63	0.86	-0.65
Short Term Investments	0.07	0.16	0.32	-0.05	-0.59	0.36	-0.24	0.22	0.37	0.25	0.1	-0.12	-0.2	0.22		0.43	-0.17	0.35	0.24	0.18	0.04	0.06
Net Tangible Assets	0.76	0.9	0.65	0.65	0.31	-0.1	0.47	0.14	0.68	0.84	0.54	0.56	-0.62	0.67	0.43		0.58	0.15	0.03	-0.52	0.68	-0.52
Long Term Debt Total	0.9	0.8	0.54	0.9	0.69	-0.67	0.94	-0.05	0.06	0.75	0.88	0.81	-0.55	0.72	-0.17	0.58		-0.22	0.13	-0.81	0.93	-0.92
Long Term Investments	-0.16	0.02	0.14	-0.23	-0.36	0.35	-0.38	-0.02	0.23	-0.11	-0.04	-0.35	-0.06	0.22	0.35	0.15	-0.22		-0.53	-0.05	-0.17	0.29
Short Long Term Debt	0.17	0.01	-0.09	0.17	-0.17	-0.38	0.23	0.01	-0.09	0.29	0.21	0.29	-0.06	0.1	0.24	0.03	0.13	-0.53		0.33	0.31	-0.23
Earning Assets	-0.75	-0.75	-0.44	-0.75	-0.56	0.35	-0.73	0.15	-0.08	-0.54	-0.62	-0.56	0.45	-0.63	0.18	-0.52	-0.81	-0.05	0.33		-0.73	0.76
Net Invested Capital	0.92	0.84	0.48	0.9	0.5	-0.61	0.9	-0.15	0.15	0.85	0.85	0.86	-0.6	0.86	0.04	0.68	0.93	-0.17	0.31	-0.73		-0.9
Capital Stock	-0.88	-0.78	-0.41	-0.88	-0.54	0.65	-0.91	0.15	0.03	-0.64	-0.75	-0.67	0.46	-0.65	0.06	-0.52	-0.92	0.29	-0.23	0.76	-0.9

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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

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Independent Retained Earnings

Retained Earnings

216.15 Million

At this time, Independent Bank's Retained Earnings are relatively stable compared to the past year.

Based on the latest financial disclosure, Independent Bank has a Price To Earning of 7.38 times. This is 59.63% lower than that of the Banks sector and significantly higher than that of the Financials industry. The price to earning for all United States stocks is 74.3% higher than that of the company.

Independent Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Independent Bank's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Independent Bank could also be used in its relative valuation, which is a method of valuing Independent Bank by comparing valuation metrics of similar companies.

Independent Bank is currently under evaluation in price to earning category among its peers.

Independent Bank ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Independent Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Independent Bank's managers, analysts, and investors.

Environmental

Governance

Social

Independent Fundamentals

	Return On Equity	0.16
	Return On Asset	0.0126
	Profit Margin	0.31 %
	Operating Margin	0.39 %
	Current Valuation	643.41 M
	Shares Outstanding	20.97 M
	Shares Owned By Insiders	4.80 %
	Shares Owned By Institutions	86.62 %
	Number Of Shares Shorted	138.72 K
	Price To Earning	7.38 X
	Price To Book	1.43 X
	Price To Sales	2.98 X
	Revenue	215.8 M
	Gross Profit	218.14 M
	EBITDA	79.42 M
	Net Income	66.79 M
	Cash And Equivalents	70.63 M
	Cash Per Share	3.35 X
	Total Debt	124.39 M
	Debt To Equity	0.14 %
	Book Value Per Share	21.76 X
	Cash Flow From Operations	63.15 M
	Short Ratio	1.68 X
	Earnings Per Share	3.16 X
	Price To Earnings To Growth	2.33 X
	Target Price	38.25
	Number Of Employees	732
	Beta	1.03
	Market Capitalization	651 M
	Total Asset	5.34 B
	Retained Earnings	205.85 M
	Annual Yield	0.03 %
	Five Year Return	3.51 %
	Net Asset	5.34 B
	Last Dividend Paid	0.96

About Independent Bank Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Independent Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independent Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independent Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Additional Tools for Independent Stock Analysis

When running Independent Bank's price analysis, check to measure Independent Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.

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