Independent Bank Corp (Massachusetts)
NASDAQ:INDB
Relative Value
The Relative Value of one INDB stock under the Base Case scenario is 75.17 USD. Compared to the current market price of 51.5 USD, Independent Bank Corp (Massachusetts) is Undervalued by 31%.
Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.
Valuation Multiples
Multiples Across Competitors
INDB Competitors Multiples
Independent Bank Corp (Massachusetts) Competitors
Market Cap | P/S | P/E | P/B | ||||
---|---|---|---|---|---|---|---|
US |
Independent Bank Corp (Massachusetts)
NASDAQ:INDB
|
2.2B USD | 3.1 | 9.7 | 0.8 | ||
US |
PNC Financial Services Group Inc
NYSE:PNC
|
62.2B USD | 3 | 13.1 | 1.2 | ||
US |
Truist Financial Corp
NYSE:TFC
|
52B USD | 2.2 | -36.2 | 0.9 | ||
US |
Fifth Third Bancorp
NASDAQ:FITB
|
25.9B USD | 3 | 12 | 1.4 | ||
US |
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
|
25.1B USD | 1.3 | 2.2 | 1.2 | ||
US |
M&T Bank Corp
NYSE:MTB
|
24.7B USD | 2.6 | 10.1 | 0.9 | ||
CN |
Bank of Ningbo Co Ltd
SZSE:002142
|
152.8B CNY | 2.4 | 6.2 | 0.8 | ||
US |
Huntington Bancshares Inc
NASDAQ:HBAN
|
20.1B USD | 2.8 | 12.4 | 1 | ||
CN |
Bank of Jiangsu Co Ltd
SSE:600919
|
144.2B CNY | 1.8 | 4.4 | 0.6 | ||
US |
Regions Financial Corp
NYSE:RF
|
18.2B USD | 2.5 | 10.5 | 1.1 | ||
US |
Citizens Financial Group Inc
NYSE:CFG
|
16.3B USD | 2 | 12.5 | 0.7 |