INDBIndependent Bank Corp.
Is the price fair?
In its normal P/E range. That is the only one of 3 checks this filer's data supports, so take it as a single data point rather than a settled answer.
In its normal range: P/E 13.8 vs a 14.0 median over 41 quarters (−1% vs median).
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What INDB's price assumes
Independent Bank Corp. trades at 13.8× earnings against 11.8× for the median Banks - Regional name, more expensive than its own group.
Trailing P/E · Banks - Regional median 11.8 · 1.17× the median: the market pays up for this one
- Price / sales
- 3.49
Price / sales · as of 2026-Q2
- Price / book
- 1.16
Price / book · as of 2026-Q2
Details›
- Price / bookas of 2026-Q2
- 1.16
- Financial Services median P/E625 names
- 12.1
- Banks - Regional median P/E234 names
- 11.8
- Market capitalisation
- $4.11B
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $69.89 |
| Its own P/E history, median | $77.93 |
| Its own P/E history, upper quartile | $93.78 |
| 52-week range | $63.33 – $87.12 |
| Today | $77.04 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Banks, Regional
The closest names by size in the same industry