Independent Bank Corp (Michigan)
NASDAQ:IBCP

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Independent Bank Corp (Michigan)
NASDAQ:IBCP
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Price: 35.2 USD -0.23%
Market Cap: 735.3m USD
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Relative Value

The Relative Value of one IBCP stock under the Base Case scenario is 24.57 USD. Compared to the current market price of 35.2 USD, Independent Bank Corp (Michigan) is Overvalued by 30%.

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.

IBCP Relative Value
Base Case
24.57 USD
Overvaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
32
Median 3Y
2.2
Median 5Y
2.2
Industry
2.5
Forward
4.3
vs History
0
vs Industry
44
Median 3Y
7.5
Median 5Y
7
Industry
10.4
Forward
11.3
vs History
0
vs Industry
14
Median 3Y
1.3
Median 5Y
1.2
Industry
0.9
vs History
0
vs Industry
34
Median 3Y
0.1
Median 5Y
0.1
Industry
0.1

Multiples Across Competitors

IBCP Competitors Multiples
Independent Bank Corp (Michigan) Competitors

All Multiples
P/S
P/E
P/B
All Countries
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