Independent Bank Corp (Michigan)
NASDAQ:IBCP

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Independent Bank Corp (Michigan)
NASDAQ:IBCP
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Price: 35.38 USD 0.28% Market Closed
Market Cap: 739.1m USD
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P/E
Price to Earnings

11.9
Current
7.5
Median
10.4
Industry
Higher than median
Higher than industry value

Price to Earnings (P/E) ratio is a valuation multiple that compares a company’s market capitalization to its net income. It indicates the dollar amount an investor can expect to invest in a company in order to receive $1 of that company’s earnings.

P/E
11.9
=
Market Cap
739.2m USD
/
Net Income
62.1m USD
All Countries
Close

P/E Forward Multiples

Forward P/E multiple is a version of the P/E ratio that uses forecasted net income for the P/E calculation. 1-Year, 2-Years, and 3-Years forwards use net income forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
P/E
11.4
2-Years Forward
P/E
11.4
3-Years Forward
P/E
11

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