Independent Bank Stock Book Value Per Share
| INDB Stock | USD 74.97 0.99 1.34% |
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.
Independent |
Independent Bank Company Book Value Per Share Analysis
Independent Bank's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Independent Bank Book Value Per Share | 70.08 X |
Most of Independent Bank's fundamental indicators, such as Book Value Per Share, 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.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of Independent Bank is about 70 times. This is 14.85% lower than that of the Banks sector and significantly higher than that of the Financials industry. The book value per share for all United States stocks is 96.37% higher than that of the company.
Independent Book Value Per Share 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 Book Value Per Share 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 book value per share category among its peers.
Independent Fundamentals
| Return On Equity | 0.0672 | ||||
| Return On Asset | 0.0101 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.38 % | ||||
| Current Valuation | 3.42 B | ||||
| Shares Outstanding | 42.49 M | ||||
| Shares Owned By Insiders | 1.15 % | ||||
| Shares Owned By Institutions | 82.82 % | ||||
| Number Of Shares Shorted | 661.98 K | ||||
| Price To Earning | 21.94 X | ||||
| Price To Book | 1.06 X | ||||
| Price To Sales | 4.80 X | ||||
| Revenue | 795.73 M | ||||
| Gross Profit | 718.36 M | ||||
| EBITDA | 315.13 M | ||||
| Net Income | 239.5 M | ||||
| Cash And Equivalents | 936.3 M | ||||
| Cash Per Share | 20.52 X | ||||
| Total Debt | 1.22 B | ||||
| Debt To Equity | 0.14 % | ||||
| Book Value Per Share | 70.08 X | ||||
| Cash Flow From Operations | 276.99 M | ||||
| Short Ratio | 2.27 X | ||||
| Earnings Per Share | 4.60 X | ||||
| Price To Earnings To Growth | 11.00 X | ||||
| Target Price | 68.75 | ||||
| Number Of Employees | 1.79 K | ||||
| Beta | 0.74 | ||||
| Market Capitalization | 3.14 B | ||||
| Total Asset | 19.35 B | ||||
| Retained Earnings | 1.08 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.25 % | ||||
| Net Asset | 19.35 B | ||||
| Last Dividend Paid | 2.26 |
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.
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.When determining whether Independent Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Independent Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Independent Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Stock:Check out Independent Bank Piotroski F Score and Independent Bank Altman Z Score analysis. For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent Bank. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Independent Bank is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent Bank's value that differs from its market value or its book value, called intrinsic value, which is Independent Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent Bank's market value can be influenced by many factors that don't directly affect Independent Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independent Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.