Independent Bank (Michigan)
IBCP
$25.05
Share price
-0.99%
Change (1 day)
44.71%
Change (1 year)
Categories
P/S ratio for Independent Bank (Michigan) (IBCP)
P/S ratio as of April 2024 (TTM): 2.64
According to Independent Bank (Michigan)'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.63796. At the end of 2023 the company had a P/S ratio of 2.70.
P/S ratio history for Independent Bank (Michigan) from 2001 to 2023
PS ratio at the end of each year
| Year | P/S ratio | Change |
|---|---|---|
| 2023 | 2.70 | 9.8% |
| 2022 | 2.46 | -3.02% |
| 2021 | 2.54 | 24.65% |
| 2020 | 2.04 | -34.27% |
| 2019 | 3.10 | -4.33% |
| 2018 | 3.24 | -13.18% |
| 2017 | 3.73 | -4.99% |
| 2016 | 3.93 | 25.84% |
| 2015 | 3.12 | 8.77% |
| 2014 | 2.87 | 17.12% |
| 2013 | 2.45 | 781.43% |
| 2012 | 0.2780 | 248.76% |
| 2011 | 0.0797 | 30.1% |
| 2010 | 0.0613 | -30.14% |
| 2009 | 0.0877 | -71.8% |
| 2008 | 0.3109 | -75.76% |
| 2007 | 1.28 | -63.96% |
| 2006 | 3.56 | 6.23% |
| 2005 | 3.35 | -19.24% |
| 2004 | 4.15 | 3.04% |
| 2003 | 4.03 | 26.15% |
| 2002 | 3.19 | 1.55% |
| 2001 | 3.14 |
P/S ratio for similar companies or competitors
| Company | P/S ratio | P/S ratio differencediff. | Country |
|---|---|---|---|
 Huntington Bancshares
HBAN | 2.66 | 0.96% | 🇺🇸 USA |
 Mercantile Bank MBWM | 2.64 | 0.06% | 🇺🇸 USA |
 Macatawa Bank MCBC | 4.71 | 78.42% | 🇺🇸 USA |
 1st Source
SRCE | 3.36 | 27.49% | 🇺🇸 USA |