Historical Valuation
Independent Bank Corp (Massachusetts) (INDB) is now in the Undervalued zone, suggesting that its current forward PE ratio of 10.50 is considered Undervalued compared with the five-year average of 13.33. The fair price of Independent Bank Corp (Massachusetts) (INDB) is between 80.77 to 112.90 according to relative valuation methord. Compared to the current price of 75.47 USD , Independent Bank Corp (Massachusetts) is Undervalued By 6.57%.
Relative Value
Fair Zone
80.77-112.90
Current Price：75.47
6.57%
Undervalued
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
Independent Bank Corp (Massachusetts) (INDB) has a current Price-to-Book (P/B) ratio of 1.03. Compared to its 3-year average P/B ratio of 0.90 , the current P/B ratio is approximately 14.65% higher. Relative to its 5-year average P/B ratio of 1.11, the current P/B ratio is about -7.32% higher. Independent Bank Corp (Massachusetts) (INDB) has a Forward Free Cash Flow (FCF) yield of approximately 5.51%. Compared to its 3-year average FCF yield of 9.88%, the current FCF yield is approximately -44.19% lower. Relative to its 5-year average FCF yield of 8.15% , the current FCF yield is about -32.36% lower.
P/B
Median3y
0.90
Median5y
1.11
FCF Yield
Median3y
9.88
Median5y
8.15
Competitors Valuation Multiple
AI Analysis for INDB
The average P/S ratio for INDB competitors is 4.14, providing a benchmark for relative valuation. Independent Bank Corp (Massachusetts) Corp (INDB.O) exhibits a P/S ratio of 3.57, which is -13.76% above the industry average. Given its robust revenue growth of 41.23%, this premium appears sustainable.
Performance Decomposition
AI Analysis for INDB
1Y
3Y
5Y
Market capitalization of INDB increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of INDB in the past 1 year is driven by Unknown.
People Also Watch
Frequently Asked Questions
Is INDB currently overvalued or undervalued?
Independent Bank Corp (Massachusetts) (INDB) is now in the Undervalued zone, suggesting that its current forward PE ratio of 10.50 is considered Undervalued compared with the five-year average of 13.33. The fair price of Independent Bank Corp (Massachusetts) (INDB) is between 80.77 to 112.90 according to relative valuation methord. Compared to the current price of 75.47 USD , Independent Bank Corp (Massachusetts) is Undervalued By 6.57% .
What is Independent Bank Corp (Massachusetts) (INDB) fair value?
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. The fair price of Independent Bank Corp (Massachusetts) (INDB) is between 80.77 to 112.90 according to relative valuation methord.
How does INDB's valuation metrics compare to the industry average?
The average P/S ratio for INDB's competitors is 4.14, providing a benchmark for relative valuation. Independent Bank Corp (Massachusetts) Corp (INDB) exhibits a P/S ratio of 3.57, which is -13.76% above the industry average. Given its robust revenue growth of 41.23%, this premium appears sustainable.
What is the current P/B ratio for Independent Bank Corp (Massachusetts) (INDB) as of Jan 10 2026?
As of Jan 10 2026, Independent Bank Corp (Massachusetts) (INDB) has a P/B ratio of 1.03. This indicates that the market values INDB at 1.03 times its book value.
What is the current FCF Yield for Independent Bank Corp (Massachusetts) (INDB) as of Jan 10 2026?
As of Jan 10 2026, Independent Bank Corp (Massachusetts) (INDB) has a FCF Yield of 5.51%. This means that for every dollar of Independent Bank Corp (Massachusetts)’s market capitalization, the company generates 5.51 cents in free cash flow.
What is the current Forward P/E ratio for Independent Bank Corp (Massachusetts) (INDB) as of Jan 10 2026?
As of Jan 10 2026, Independent Bank Corp (Massachusetts) (INDB) has a Forward P/E ratio of 10.50. This means the market is willing to pay $10.50 for every dollar of Independent Bank Corp (Massachusetts)’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for Independent Bank Corp (Massachusetts) (INDB) as of Jan 10 2026?
As of Jan 10 2026, Independent Bank Corp (Massachusetts) (INDB) has a Forward P/S ratio of 3.57. This means the market is valuing INDB at $3.57 for every dollar of expected revenue over the next 12 months.