Independent Bank Group Stock Price To Sales

IBTX Stock

USD 67.31 1.82 2.78%

Independent Bank Group 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.

		Last Reported	Projected for Next Year
	Price To Sales Ratio	4.15	5.09

Price To Sales Ratio is likely to rise to 5.09 in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Independent Bank Group Company Price To Sales Analysis

Independent Bank's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Independent Bank Price To Sales

5.81 X

Most of Independent Bank's fundamental indicators, such as Price To Sales, 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 Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Independent Price To Sales 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 Sales. 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	Good Will	Short Term Investments	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Accounts Payable	Long Term Debt	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Short Term Debt	Earning Assets	Net Invested Capital	Capital Stock
Total Assets		0.99	-0.54	0.93	0.92	0.96	1.0	0.06	0.9	0.98	0.9	0.81	0.84	0.99	0.99	0.99	0.24	-0.79	-0.79	0.97	0.89	0.85
Total Stockholder Equity	0.99		-0.52	0.91	0.93	0.94	0.99	0.12	0.94	0.99	0.89	0.78	0.81	0.99	0.98	0.99	0.29	-0.77	-0.77	0.96	0.87	0.84
Net Debt	-0.54	-0.52		-0.5	-0.39	-0.61	-0.54	-0.02	-0.5	-0.48	-0.45	-0.33	-0.31	-0.55	-0.55	-0.45	-0.18	0.43	0.43	-0.48	-0.58	-0.55
Retained Earnings	0.93	0.91	-0.5		0.96	0.91	0.93	-0.09	0.8	0.89	0.98	0.92	0.96	0.94	0.93	0.93	0.13	-0.83	-0.83	0.89	0.94	0.92
Good Will	0.92	0.93	-0.39	0.96		0.87	0.92	0.02	0.86	0.93	0.96	0.89	0.94	0.94	0.93	0.95	0.2	-0.77	-0.77	0.9	0.89	0.89
Short Term Investments	0.96	0.94	-0.61	0.91	0.87		0.97	0.04	0.83	0.92	0.88	0.81	0.83	0.96	0.94	0.94	0.07	-0.72	-0.72	0.94	0.85	0.82
Total Liab	1.0	0.99	-0.54	0.93	0.92	0.97		0.04	0.89	0.98	0.9	0.82	0.84	0.99	0.99	0.98	0.23	-0.79	-0.79	0.97	0.89	0.85
Total Current Assets	0.06	0.12	-0.02	-0.09	0.02	0.04	0.04		0.1	0.16	-0.15	-0.37	-0.23	0.01	0.03	0.05	0.53	0.1	0.1	-0.07	-0.32	-0.35
Intangible Assets	0.9	0.94	-0.5	0.8	0.86	0.83	0.89	0.1		0.95	0.81	0.71	0.69	0.91	0.88	0.92	0.33	-0.71	-0.71	0.89	0.82	0.82
Common Stock	0.98	0.99	-0.48	0.89	0.93	0.92	0.98	0.16	0.95		0.87	0.77	0.8	0.97	0.97	0.98	0.3	-0.76	-0.76	0.95	0.85	0.82
Accounts Payable	0.9	0.89	-0.45	0.98	0.96	0.88	0.9	-0.15	0.81	0.87		0.93	0.96	0.93	0.9	0.92	0.11	-0.76	-0.76	0.9	0.93	0.93
Long Term Debt	0.81	0.78	-0.33	0.92	0.89	0.81	0.82	-0.37	0.71	0.77	0.93		0.96	0.84	0.81	0.84	-0.17	-0.77	-0.76	0.84	0.91	0.93
Property Plant Equipment	0.84	0.81	-0.31	0.96	0.94	0.83	0.84	-0.23	0.69	0.8	0.96	0.96		0.86	0.85	0.86	-0.06	-0.75	-0.75	0.83	0.89	0.9
Net Tangible Assets	0.99	0.99	-0.55	0.94	0.94	0.96	0.99	0.01	0.91	0.97	0.93	0.84	0.86		0.99	0.99	0.23	-0.8	-0.8	0.97	0.91	0.88
Long Term Debt Total	0.99	0.98	-0.55	0.93	0.93	0.94	0.99	0.03	0.88	0.97	0.9	0.81	0.85	0.99		0.98	0.29	-0.79	-0.79	0.96	0.91	0.86
Capital Surpluse	0.99	0.99	-0.45	0.93	0.95	0.94	0.98	0.05	0.92	0.98	0.92	0.84	0.86	0.99	0.98		0.23	-0.77	-0.77	0.97	0.88	0.85
Long Term Investments	0.24	0.29	-0.18	0.13	0.2	0.07	0.23	0.53	0.33	0.3	0.11	-0.17	-0.06	0.23	0.29	0.23		-0.13	-0.14	0.16	0.11	0.02
Short Long Term Debt	-0.79	-0.77	0.43	-0.83	-0.77	-0.72	-0.79	0.1	-0.71	-0.76	-0.76	-0.77	-0.75	-0.8	-0.79	-0.77	-0.13		1.0	-0.74	-0.81	-0.8
Short Term Debt	-0.79	-0.77	0.43	-0.83	-0.77	-0.72	-0.79	0.1	-0.71	-0.76	-0.76	-0.76	-0.75	-0.8	-0.79	-0.77	-0.14	1.0		-0.74	-0.81	-0.8
Earning Assets	0.97	0.96	-0.48	0.89	0.9	0.94	0.97	-0.07	0.89	0.95	0.9	0.84	0.83	0.97	0.96	0.97	0.16	-0.74	-0.74		0.9	0.86
Net Invested Capital	0.89	0.87	-0.58	0.94	0.89	0.85	0.89	-0.32	0.82	0.85	0.93	0.91	0.89	0.91	0.91	0.88	0.11	-0.81	-0.81	0.9		0.99
Capital Stock	0.85	0.84	-0.55	0.92	0.89	0.82	0.85	-0.35	0.82	0.82	0.93	0.93	0.9	0.88	0.86	0.85	0.02	-0.8	-0.8	0.86	0.99

Click cells to compare fundamentals

Independent Price To Sales Historical Pattern

Today, most investors in Independent Bank Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Independent Bank's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Independent Bank price to sales as a starting point in their analysis.

Independent Bank Price To Sales

Timeline

The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Competition

Predict Independent Bank

Price To Sales Ratio Over Time

Independent Price To Sales Ratio

Price To Sales Ratio

5.09

At this time, Independent Bank's Price To Sales Ratio is fairly stable compared to the past year.

Based on the latest financial disclosure, Independent Bank Group has a Price To Sales of 5.8143 times. This is 169.18% higher than that of the Banks sector and significantly higher than that of the Financials industry. The price to sales for all United States stocks is 49.09% higher than that of the company.

Independent Price To Sales 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 Sales 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 sales category among its peers.

Independent Bank Current Valuation Drivers

We derive many important indicators used in calculating different scores of Independent Bank from analyzing Independent Bank's financial statements. These drivers represent accounts that assess Independent Bank's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Independent Bank's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	2.4B	2.7B	3.1B	2.5B	2.1B	1.2B
Enterprise Value	2.4B	1.6B	954.3M	2.5B	2.1B	2.2B

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	-0.2
	Return On Asset	-0.0234
	Profit Margin	(0.93) %
	Operating Margin	0.29 %
	Current Valuation	1.89 B
	Shares Outstanding	41.44 M
	Shares Owned By Insiders	13.50 %
	Shares Owned By Institutions	79.13 %
	Number Of Shares Shorted	1.73 M
	Price To Earning	13.02 X
	Price To Book	1.39 X
	Price To Sales	5.81 X
	Revenue	507.67 M
	Gross Profit	605.18 M
	EBITDA	12.44 M
	Net Income	43.2 M
	Cash And Equivalents	533.58 M
	Cash Per Share	12.95 X
	Total Debt	676.44 M
	Debt To Equity	7.34 %
	Book Value Per Share	47.03 X
	Cash Flow From Operations	165.27 M
	Short Ratio	12.40 X
	Earnings Per Share	(10.50) X
	Price To Earnings To Growth	1.81 X
	Target Price	56.4
	Number Of Employees	1.52 K
	Beta	1.37
	Market Capitalization	2.71 B
	Total Asset	19.04 B
	Retained Earnings	616.72 M
	Annual Yield	0.02 %
	Five Year Return	1.59 %
	Net Asset	19.04 B
	Last Dividend Paid	1.52

About Independent Bank Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Independent Bank Group'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 Group 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC