Independent Bank Group, Inc.

Independent Bank Group, Inc.verified

IBTX

Price:

$55.29

Market Cap:

$2.29B

Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, demand deposits, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single-family interim construction loans; commercial loans comprising SBA guaranteed loans, business term loans, equipment lease financing, lines of credit, and energy related loans; agricu...[Read more]

Industry

Banks - Regional

IPO Date

2013-04-04

Stock Exchange

NASDAQ

Ticker

IBTX

The PE Ratio as of July 2024 (TTM) for Independent Bank Group, Inc. (IBTX) is 21.85

According to Independent Bank Group, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 21.85. This represents a change of 13.10% compared to the average of 19.32 of the last 4 quarters.

Independent Bank Group, Inc. (IBTX) Historical PE Ratio (quarterly & annually)

How has IBTX PE Ratio performed in the past?

The mean historical PE Ratio of Independent Bank Group, Inc. over the last ten years is 19.01. The current 21.85 PE Ratio has changed 11.39% with respect to the historical average. Over the past ten years (40 quarters), IBTX's PE Ratio was at its highest in in the June 2014 quarter at 42.93. The PE Ratio was at its lowest in in the March 2023 quarter at -12.69.

Quarterly (TTM)
Annual

Average

19.01

Median

13.99

Minimum

10.47

Maximum

48.49

Independent Bank Group, Inc. (IBTX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Independent Bank Group, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 282.83%

Maximum Annual PE Ratio = 48.49

Minimum Annual Increase = -53.33%

Minimum Annual PE Ratio = 10.47

Quarterly (TTM)
Annual
YearPE RatioChange
202348.49282.83%
202212.67-7.52%
202113.703.10%
202013.287.49%
201912.3618.03%
201810.47-53.33%
201722.444.05%
201621.5650.89%
201514.29-31.42%
201420.84-25.45%

Independent Bank Group, Inc. (IBTX) Average PE Ratio

How has IBTX PE Ratio performed in the past?

The current PE Ratio of Independent Bank Group, Inc. (IBTX) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

24.95

5-year avg

20.10

10-year avg

19.01

Independent Bank Group, Inc. (IBTX) PE Ratio vs. Peers

How is IBTX’s PE Ratio compared to its peers?

Independent Bank Group, Inc.’s PE Ratio is greater than Heritage Financial Corporation (16.24), greater than ConnectOne Bancorp, Inc. (11.42), greater than Home Bancorp, Inc. (9.49), greater than National Bank Holdings Corporation (13.02), less than Community West Bancshares (27.73), less than HMN Financial, Inc. (22.36), less than First Financial Northwest, Inc. (65.28), greater than Sierra Bancorp (12.07), greater than Finward Bancorp (8.00), less than FVCBankcorp, Inc. (48.33), greater than ACNB Corporation (11.18), less than Affinity Bancshares, Inc. (22.34), less than Texas Capital Bancshares, Inc. (0), greater than UMB Financial Corporation (21.05), greater than First Financial Bankshares, Inc. (12.77), less than BOK Financial Corporation (26.40), greater than null (14.43),

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