Independent Bank Group
IBTX
#3823
Rank
ยฃ2.04 B
Marketcap
ยฃ49.33
Share price
0.46%
Change (1 day)
22.89%
Change (1 year)

P/E ratio for Independent Bank Group (IBTX)

P/E ratio as of January 2025 (TTM): 36.3

According to Independent Bank Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.3293. At the end of 2022 the company had a P/E ratio of 12.8.

P/E ratio history for Independent Bank Group from 2013 to 2023

20162019202220251020304050companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
202212.8-5.21%
202113.50.74%
202013.47.94%
201912.417.06%
201810.6-52.67%
201722.43.31%
201621.750.31%
201514.4-32.47%
201421.3-20.06%
201326.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.6-59.79%๐Ÿ‡บ๐Ÿ‡ธ USA
9.55-73.70%๐Ÿ‡บ๐Ÿ‡ธ USA
12.6-65.25%๐Ÿ‡บ๐Ÿ‡ธ USA
23.4-35.62%๐Ÿ‡บ๐Ÿ‡ธ USA
9.97-72.55%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.