What is the price-to-earnings ratio of Independent Bank Group?
The price-earnings ratio of Independent Bank Group is currently 3.76.
Independent Bank Group's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Comparing Independent Bank Group's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
The P/S ratio is instrumental for investors evaluating Independent Bank Group's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Variations in Independent Bank Group’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
The price-earnings ratio of Independent Bank Group is currently 3.76.
The price-to-earnings ratio of Independent Bank Group has increased by 142.58% increased compared to last year.
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Yes, the price-to-earnings ratio of Independent Bank Group is high compared to other companies.
An increase in the price-earnings ratio of Independent Bank Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
A decrease in the price-earnings ratio of Independent Bank Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
Some factors that influence the price-earnings ratio of Independent Bank Group are the company's growth, financial position, industry development, and the overall economic situation.
Over the past 12 months, Independent Bank Group paid a dividend of 1.52 USD . This corresponds to a dividend yield of about 2.33 %. For the coming 12 months, Independent Bank Group is expected to pay a dividend of 1.61 USD.
The current dividend yield of Independent Bank Group is 2.33 %.
Independent Bank Group pays a quarterly dividend. This is distributed in the months of February, June, September, November.
Independent Bank Group paid dividends every year for the past 14 years.
For the upcoming 12 months, dividends amounting to 1.61 USD are expected. This corresponds to a dividend yield of 2.46 %.
Independent Bank Group is assigned to the 'Finance' sector.
To receive the latest dividend of Independent Bank Group from 11/14/2024 amounting to 0.38 USD, you needed to have the stock in your portfolio before the ex-date on 10/31/2024.
The last dividend was paid out on 11/14/2024.
In the year 2023, Independent Bank Group distributed 1.52 USD as dividends.
The dividends of Independent Bank Group are distributed in USD.
Our stock analysis for Independent Bank Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Independent Bank Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.