Independent Bank Group, Inc P/B ratio

P/B ratio of IBTX for past 10 years: annual, quarterly and twelve month trailing (TTM) including P/B ratio growth rates and interactive chart. Measures the relationship between price and book value per share. Book value is the equity or owner's capital that is invested in a business. If a stock has a price of $10 and a book value per share of $10, the ratio is 1. Stock selling below a P/B of 1 can be a bargain, as the market price has declined below the net asset value of the business. It is more applicable to financial companies like banks and insurers, as their assets and liabilities are valued at market and the book value thus more accuraterly represents reality.

Highlights and Quick Summary

Current P/B ratio of Independent Bank Group, Inc is 1.02 (as of December 30, 2019)
  • P/B ratio for the quarter ending September 29, 2020 was 0.76 (a 6.8% increase compared to previous quarter)
  • Year-over-year quarterly P/B ratio decreased by -25.02%
  • Annual P/B ratio for 2019 was 1.02 (a 21.77% increase from previous year)
  • Annual P/B ratio for 2018 was 0.84 (a -34.65% decrease from previous year)
  • Annual P/B ratio for 2017 was 1.28 (a -23.78% decrease from previous year)
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Historical P/B ratio of Independent Bank Group, Inc

Most recent P/B ratioof IBTX including historical data for past 10 years.

Interactive Chart of P/B ratio of Independent Bank Group, Inc

Independent Bank Group, Inc P/B ratio for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 0.76 0.71 0.42
2019 1.02 0.98 1.06 1.04 1.02
2018 0.84 1.26 1.27 1.44 0.84
2017 1.28 1.29 1.3 1.74 1.28
2016 1.68 1.25 1.24 0.8 1.68
2015 0.9 1.18 1.34 1.23 0.9
2014 1.15 1.6 1.85 2.89 1.15
2013 2.32 1.95 1.67 1.88 2.32
2012 1.88 1.88 1.88 1.88 1.88
2011 1.88
2010 1.88

Business Profile of Independent Bank Group, Inc

Sector: Financial Services
Industry: Banks—Regional
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; agricultural loans for farmers and ranchers; consumer installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages. In addition, it offers debit cards, online and mobile banking, eStatement, bank-by-mail, and direct deposit services; and business accounts and management services, including analyzed business checking, business savings, and treasury management services. As of December 31, 2019, the company operated 93 branches. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.