INDB Relative Valuation
INDB's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, INDB is overvalued; if below, it's undervalued.
Historical Valuation
Independent Bank Corp (Massachusetts) (INDB) is now in the Undervalued zone, suggesting that its current forward PE ratio of 11.15 is considered Undervalued compared with the five-year average of 14.10. The fair price of Independent Bank Corp (Massachusetts) (INDB) is between 71.23 to 101.08 according to relative valuation methord. Compared to the current price of 69.48 USD , Independent Bank Corp (Massachusetts) is Undervalued By 2.45%.
Relative Value
Fair Zone
71.23-101.08
Current Price：69.48
2.45%
Undervalued
Trailing
Forward
P/E
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
0.92
P/B
Median3y
0.96
Median5y
1.14
5.42
FCF Yield
Median3y
10.05
Median5y
8.17
Competitors Valuation Multiple
The average P/S ratio for INDB's competitors is 3.36, providing a benchmark for relative valuation. Independent Bank Corp (Massachusetts) Corp (INDB) exhibits a P/S ratio of 3.51, which is 4.37% above the industry average. Given its robust revenue growth of 6.26%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
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FAQ
Is Independent Bank Corp (Massachusetts) (INDB) currently overvalued or undervalued?
What is Independent Bank Corp (Massachusetts) (INDB) fair value?
How does INDB's valuation metrics compare to the industry average?
What is the current P/B ratio for Independent Bank Corp (Massachusetts) (INDB) as of Jul 19 2025?
What is the current FCF Yield for Independent Bank Corp (Massachusetts) (INDB) as of Jul 19 2025?
What is the current Forward P/E ratio for Independent Bank Corp (Massachusetts) (INDB) as of Jul 19 2025?