Independent Bank Corp (Massachusetts)
INDB
#4024
Rank
$2.05 B
Marketcap
$48.39
Share price
-0.64%
Change (1 day)
-23.51%
Change (1 year)

Independent Bank Corp (Massachusetts) (INDB) - P/B ratio

P/B ratio as of April 2024 : 0.7141

According to Independent Bank Corp (Massachusetts)'s latest financial reports the company has a price-to-book ratio of 0.7141.
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.

Independent Bank Corp (Massachusetts) - P/B ratio (from 2001 to 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-310.9968-25.33%
2022-12-311.334.38%
2021-12-311.28-9.56%
2020-12-311.41-15.59%
2019-12-311.68-8.91%
2018-12-311.84-9.45%
2017-12-312.03-7.69%
2016-12-312.2039.07%
2015-12-311.58-1.36%
2014-12-311.601.88%
2013-12-311.5726.4%
2012-12-311.25-0.35%
2011-12-311.25-4.96%
2010-12-311.3224.27%
2009-12-311.06-24.13%
2008-12-311.39-16.79%
2007-12-311.68-26.35%
2006-12-312.2818.1%
2005-12-311.93-21.47%
2004-12-312.4530.26%
2003-12-311.8819.45%
2002-12-311.58

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
0.8843 23.83%๐Ÿ‡บ๐Ÿ‡ธ USA
2.54 255.99%๐Ÿ‡บ๐Ÿ‡ธ USA
1.21 69.36%๐Ÿ‡บ๐Ÿ‡ธ USA
0.8767 22.78%๐Ÿ‡บ๐Ÿ‡ธ USA
0.6836-4.27%๐Ÿ‡บ๐Ÿ‡ธ USA
0.8294 16.15%๐Ÿ‡บ๐Ÿ‡ธ USA
0.9048 26.70%๐Ÿ‡บ๐Ÿ‡ธ USA