Price to Sales ratio Analysis of Independent Bank - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PS
Period Ending - Dec-23
Poor PS
2.77
Period Ending - Dec-22
Very Poor PS
3.24
Growth
-14.27 %
Trailing Twelve Months PS
Period Ending - Dec-23
Very Poor PS
682.19
PS Analysis of Independent Bank
| P/S Ratio of Independent Bank with value of 682.19 indicates that stock price is high compared to sales of the company and may be overvalued. |
| PS Ratio of INDB has fallen by -14.27 % Compared to previous Financial Year. |
| PS Ratio with value of 3.54 was highest in Year Dec-20 in last Five Years. |
| PS Ratio of INDB trending down for at least three Years. |
| Latest PS Ratio with value of 2.77 is lower than Average PS of 3.23 in last five years. |
Other PS Related Info of INDB that may interest you.
Independent Bank Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| INDB | 50.79 | 50.43 | 0.714 % | Banks-Regional |
Defination of Price to Sales
The Price to Sales Ratio indicates how much investors are willing to pay for each rupee of sales generated by a company. Price-to-Sales Ratio is used to determine whether a stock is currently profitable or less profitable, which is helpful for better investment decisions. more ..
PS Related Ratios
| PriceToBookRatio | PriceToEarningRatio | AssetTurnoverRatio |
Tsr Value Index
| Very Low Value Stock | |
FY - Historical Price to Sales of Independent Bank
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| PS | 2.77 | 3.24 | 3.30 | 3.54 | 3.32 | 3.66 | 4.11 |
| Change | -14.27 % | -1.90 % | -6.81 % | 6.67 % | -9.43 % | -10.79 % | -5.15 % |
FY Chart of Price to Sales of Independent Bank
Note : All Data Generated at the End of Trading Hours (EOD Data)