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 10.53 is considered Undervalued compared with the five-year average of 13.47. The fair price of Independent Bank Corp (Massachusetts) (INDB) is between 79.12 to 111.48 according to relative valuation methord. Compared to the current price of 73.75 USD , Independent Bank Corp (Massachusetts) is Undervalued By 6.79%.
Relative Value
Fair Zone
79.12-111.48
Current Price：73.75
6.79%
Undervalued
10.49
PE
1Y
3Y
5Y
Trailing
Forward
0.00
EV/EBITDA
Independent Bank Corp (Massachusetts). (INDB) has a current EV/EBITDA of 0.00. The 5-year average EV/EBITDA is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward EV/EBITDA of 0.00 falls within the Strongly Undervalued range.
0.00
EV/EBIT
Independent Bank Corp (Massachusetts). (INDB) has a current EV/EBIT of 0.00. The 5-year average EV/EBIT is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward EV/EBIT of 0.00 falls within the Strongly Undervalued range.
3.62
PS
Independent Bank Corp (Massachusetts). (INDB) has a current PS of 3.62. The 5-year average PS is 4.10. The thresholds are as follows: Strongly Undervalued below 2.36, Undervalued between 2.36 and 3.23, Fairly Valued between 4.96 and 3.23, Overvalued between 4.96 and 5.83, and Strongly Overvalued above 5.83. The current Forward PS of 3.62 falls within the Historic Trend Line -Fairly Valued range.
0.00
P/OCF
Independent Bank Corp (Massachusetts). (INDB) has a current P/OCF of 0.00. The 5-year average P/OCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/OCF of 0.00 falls within the Strongly Undervalued range.
0.00
P/FCF
Independent Bank Corp (Massachusetts). (INDB) has a current P/FCF of 0.00. The 5-year average P/FCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/FCF of 0.00 falls within the Strongly Undervalued range.
Independent Bank Corp (Massachusetts) (INDB) has a current Price-to-Book (P/B) ratio of 1.04. Compared to its 3-year average P/B ratio of 0.91 , the current P/B ratio is approximately 14.68% higher. Relative to its 5-year average P/B ratio of 1.12, the current P/B ratio is about -6.84% higher. Independent Bank Corp (Massachusetts) (INDB) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 9.96%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 8.10% , the current FCF yield is about -100.00% lower.
1.03
P/B
Median3y
0.91
Median5y
1.12
5.45
FCF Yield
Median3y
9.96
Median5y
8.10
Competitors Valuation Multiple
The average P/S ratio for INDB's competitors is , providing a benchmark for relative valuation. Independent Bank Corp (Massachusetts) Corp (INDB) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 41.23%, this premium appears sustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of INDB increased by 14.86% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 164.07M to 231.71M.
The secondary factor is the P/E Change, contributed 17.14%to the performance.
Overall, the performance of INDB in the past 1 year is driven by Revenue Growth. Which is more sustainable.
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FAQ
Is Independent Bank Corp (Massachusetts) (INDB) currently overvalued or undervalued?
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What is the current P/B ratio for Independent Bank Corp (Massachusetts) (INDB) as of Dec 05 2025?
What is the current FCF Yield for Independent Bank Corp (Massachusetts) (INDB) as of Dec 05 2025?
What is the current Forward P/E ratio for Independent Bank Corp (Massachusetts) (INDB) as of Dec 05 2025?