According to Independent Bank Corp (Massachusetts)'s latest financial reports the company has a price-to-book ratio of 4.33594.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Year | P/B ratio | Change |
---|---|---|
2024-12-31 | 0.9278 | -6.92% |
2023-12-31 | 0.9968 | -25.33% |
2022-12-31 | 1.33 | 4.38% |
2021-12-31 | 1.28 | -9.56% |
2020-12-31 | 1.41 | -15.59% |
2019-12-31 | 1.68 | -8.91% |
2018-12-31 | 1.84 | -9.45% |
2017-12-31 | 2.03 | -7.69% |
2016-12-31 | 2.20 | 39.07% |
2015-12-31 | 1.58 | -1.36% |
2014-12-31 | 1.60 | 1.88% |
2013-12-31 | 1.57 | 26.4% |
2012-12-31 | 1.25 | -0.35% |
2011-12-31 | 1.25 | -4.96% |
2010-12-31 | 1.32 | 24.27% |
2009-12-31 | 1.06 | -24.13% |
2008-12-31 | 1.39 | -16.79% |
2007-12-31 | 1.68 | -26.35% |
2006-12-31 | 2.28 | 18.1% |
2005-12-31 | 1.93 | -21.47% |
2004-12-31 | 2.45 | 30.26% |
2003-12-31 | 1.88 | 19.45% |
2002-12-31 | 1.58 |