Independent Ptb Ratio vs Gross Profit Analysis

IBTX Stock

USD 38.83 1.19 3.16%

Independent Bank financial indicator trend analysis is infinitely more than just investigating Independent Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Independent Bank is a good investment. Please check the relationship between Independent Bank Ptb Ratio and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.

Ptb Ratio vs Gross Profit

Ptb Ratio vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Independent Bank Ptb Ratio account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Independent Bank's Ptb Ratio and Gross Profit is -0.57. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Independent Bank Group, assuming nothing else is changed. The correlation between historical values of Independent Bank's Ptb Ratio and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Independent Bank Group are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ptb Ratio i.e., Independent Bank's Ptb Ratio and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Independent Bank Group minus its cost of goods sold. It is profit before Independent Bank operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Independent Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Independent Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.At this time, Independent Bank's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 172.98 in 2024, whereas Selling General Administrative is likely to drop slightly above 124.4 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	63.2M	96.8M	56.4M	54.8M
Depreciation And Amortization	12.6M	12.5M	12.4M	7.1M

Interest Expense Depreciation And Amortization

Independent Bank fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Other Liab	Accounts Payable	Long Term Debt
Total Assets		0.81	0.99	0.97	-0.54	0.93	0.72	0.46	0.31	0.93	0.86	0.92	0.98	0.99	0.96	0.52	-0.11	0.99	1.0	0.84	0.06	0.9	0.98	0.88	0.9	0.81
Short Long Term Debt Total	0.81		0.82	0.73	-0.23	0.71	0.5	0.38	0.26	0.91	0.62	0.8	0.85	0.83	0.71	0.39	0.21	0.84	0.81	0.61	0.33	0.76	0.85	0.62	0.68	0.57
Total Stockholder Equity	0.99	0.82		0.95	-0.52	0.91	0.71	0.42	0.26	0.95	0.85	0.93	0.99	1.0	0.94	0.44	-0.04	1.0	0.99	0.81	0.13	0.94	0.99	0.85	0.89	0.78
Property Plant And Equipment Net	0.97	0.73	0.95		-0.46	0.92	0.63	0.52	0.38	0.89	0.8	0.89	0.94	0.94	0.97	0.64	-0.21	0.95	0.98	0.89	-0.06	0.82	0.93	0.89	0.9	0.86
Net Debt	-0.54	-0.23	-0.52	-0.46		-0.5	-0.95	-0.04	0.07	-0.3	-0.87	-0.39	-0.46	-0.5	-0.61	0.08	0.14	-0.47	-0.54	-0.39	-0.02	-0.5	-0.48	-0.52	-0.45	-0.33
Retained Earnings	0.93	0.71	0.91	0.92	-0.5		0.67	0.67	0.54	0.84	0.81	0.96	0.89	0.9	0.91	0.7	-0.22	0.9	0.93	0.96	-0.09	0.8	0.89	0.99	0.98	0.92
Cash	0.72	0.5	0.71	0.63	-0.95	0.67		0.18	0.05	0.54	0.96	0.6	0.66	0.69	0.76	0.07	-0.08	0.67	0.73	0.55	0.1	0.67	0.68	0.67	0.62	0.48
Non Current Assets Total	0.46	0.38	0.42	0.52	-0.04	0.67	0.18		0.98	0.45	0.24	0.67	0.45	0.42	0.44	0.78	-0.33	0.42	0.47	0.79	-0.37	0.26	0.41	0.74	0.71	0.74
Non Currrent Assets Other	0.31	0.26	0.26	0.38	0.07	0.54	0.05	0.98		0.31	0.09	0.54	0.3	0.27	0.29	0.72	-0.32	0.27	0.32	0.67	-0.41	0.11	0.26	0.61	0.58	0.63
Other Assets	0.93	0.91	0.95	0.89	-0.3	0.84	0.54	0.45	0.31		0.7	0.9	0.96	0.94	0.86	0.48	0.18	0.96	0.93	0.75	0.3	0.84	0.95	0.77	0.81	0.69
Cash And Short Term Investments	0.86	0.62	0.85	0.8	-0.87	0.81	0.96	0.24	0.09	0.7		0.74	0.81	0.84	0.9	0.25	-0.08	0.82	0.86	0.7	0.12	0.8	0.83	0.78	0.76	0.64
Good Will	0.92	0.8	0.93	0.89	-0.39	0.96	0.6	0.67	0.54	0.9	0.74		0.93	0.93	0.87	0.62	-0.09	0.93	0.92	0.92	0.03	0.86	0.93	0.93	0.96	0.89
Common Stock Total Equity	0.98	0.85	0.99	0.94	-0.46	0.89	0.66	0.45	0.3	0.96	0.81	0.93		0.99	0.93	0.46	-0.02	0.99	0.98	0.8	0.13	0.92	0.99	0.83	0.87	0.77
Common Stock Shares Outstanding	0.99	0.83	1.0	0.94	-0.5	0.9	0.69	0.42	0.27	0.94	0.84	0.93	0.99		0.93	0.45	-0.06	1.0	0.98	0.8	0.11	0.95	1.0	0.84	0.88	0.8
Short Term Investments	0.96	0.71	0.94	0.97	-0.61	0.91	0.76	0.44	0.29	0.86	0.9	0.87	0.93	0.93		0.53	-0.13	0.94	0.97	0.86	0.05	0.83	0.92	0.87	0.88	0.81
Non Current Liabilities Total	0.52	0.39	0.44	0.64	0.08	0.7	0.07	0.78	0.72	0.48	0.25	0.62	0.46	0.45	0.53		-0.4	0.47	0.53	0.83	-0.38	0.25	0.44	0.71	0.68	0.77
Other Current Assets	-0.11	0.21	-0.04	-0.21	0.14	-0.22	-0.08	-0.33	-0.32	0.18	-0.08	-0.09	-0.02	-0.06	-0.13	-0.4		-0.03	-0.12	-0.32	0.97	-0.07	0.0	-0.3	-0.26	-0.47
Other Stockholder Equity	0.99	0.84	1.0	0.95	-0.47	0.9	0.67	0.42	0.27	0.96	0.82	0.93	0.99	1.0	0.94	0.47	-0.03		0.98	0.81	0.13	0.94	1.0	0.84	0.88	0.79
Total Liab	1.0	0.81	0.99	0.98	-0.54	0.93	0.73	0.47	0.32	0.93	0.86	0.92	0.98	0.98	0.97	0.53	-0.12	0.98		0.85	0.05	0.89	0.98	0.88	0.9	0.82
Property Plant And Equipment Gross	0.84	0.61	0.81	0.89	-0.39	0.96	0.55	0.79	0.67	0.75	0.7	0.92	0.8	0.8	0.86	0.83	-0.32	0.81	0.85		-0.21	0.66	0.79	0.97	0.95	0.95
Total Current Assets	0.06	0.33	0.13	-0.06	-0.02	-0.09	0.1	-0.37	-0.41	0.3	0.12	0.03	0.13	0.11	0.05	-0.38	0.97	0.13	0.05	-0.21		0.11	0.16	-0.18	-0.15	-0.37
Intangible Assets	0.9	0.76	0.94	0.82	-0.5	0.8	0.67	0.26	0.11	0.84	0.8	0.86	0.92	0.95	0.83	0.25	-0.07	0.94	0.89	0.66	0.11		0.95	0.73	0.81	0.71
Common Stock	0.98	0.85	0.99	0.93	-0.48	0.89	0.68	0.41	0.26	0.95	0.83	0.93	0.99	1.0	0.92	0.44	0.0	1.0	0.98	0.79	0.16	0.95		0.83	0.87	0.77
Other Liab	0.88	0.62	0.85	0.89	-0.52	0.99	0.67	0.74	0.61	0.77	0.78	0.93	0.83	0.84	0.87	0.71	-0.3	0.84	0.88	0.97	-0.18	0.73	0.83		0.97	0.92
Accounts Payable	0.9	0.68	0.89	0.9	-0.45	0.98	0.62	0.71	0.58	0.81	0.76	0.96	0.87	0.88	0.88	0.68	-0.26	0.88	0.9	0.95	-0.15	0.81	0.87	0.97		0.93
Long Term Debt	0.81	0.57	0.78	0.86	-0.33	0.92	0.48	0.74	0.63	0.69	0.64	0.89	0.77	0.8	0.81	0.77	-0.47	0.79	0.82	0.95	-0.37	0.71	0.77	0.92	0.93

Click cells to compare fundamentals

Independent Bank Account Relationship Matchups

Independent Bank fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.0B	17.8B	18.7B	18.3B	19.0B	10.1B
Short Long Term Debt Total	581.1M	741.2M	487.6M	621.5M	676.4M	486.9M
Total Stockholder Equity	2.3B	2.5B	2.6B	2.4B	2.4B	1.4B
Property Plant And Equipment Net	242.9M	249.5M	308.0M	355.4M	355.8M	185.8M
Net Debt	10.2M	(1.1B)	(2.1B)	(33.3M)	(45.8M)	(48.1M)
Retained Earnings	393.7M	543.8M	625.5M	638.4M	616.7M	647.6M
Cash	570.9M	1.8B	2.6B	654.8M	722.2M	666.1M
Non Current Assets Total	2.4B	2.5B	3.4B	3.3B	18.3B	19.2B
Non Currrent Assets Other	(6.9M)	(3.9M)	(26.2M)	(78.7M)	16.1B	16.9B
Other Assets	10.9B	12.3B	10.7B	12.6B	14.5B	7.8B
Cash And Short Term Investments	1.7B	3.0B	4.6B	2.3B	1.7B	1.4B
Common Stock Total Equity	430K	431K	428K	412K	473.8K	268.8K
Common Stock Shares Outstanding	43.0M	42.8M	42.7M	41.5M	41.3M	27.9M
Short Term Investments	1.1B	1.2B	2.0B	1.7B	1.6B	803.8M
Liabilities And Stockholders Equity	15.0B	17.8B	18.7B	18.3B	19.0B	10.1B
Non Current Liabilities Total	581.1M	741.2M	487.6M	15.9B	13.1B	13.8B
Other Current Assets	575.7M	1.8B	2.7B	735.2M	731.7M	695.1M
Other Stockholder Equity	1.9B	1.9B	1.9B	2.0B	2.0B	1.1B
Total Liab	12.6B	15.2B	16.2B	15.9B	16.6B	8.7B
Property Plant And Equipment Gross	242.9M	249.5M	380.0M	434.8M	451.0M	473.5M
Total Current Assets	1.7B	3.0B	4.6B	2.3B	731.7M	695.1M
Accumulated Other Comprehensive Income	19.3M	36.3M	5.2M	(212.6M)	(181.2M)	(172.2M)
Intangible Assets	100.7M	88.1M	75.5M	63.0M	50.6M	41.0M
Common Stock	430K	431K	428K	412K	413K	282.1K
Other Liab	60.4M	98.0M	114.5M	104.2M	119.8M	125.8M
Accounts Payable	11.9B	14.4B	15.6B	15.1B	17.4B	18.3B
Long Term Debt	556.6M	366.2M	487.6M	621.5M	642.7M	674.8M
Inventory	4.9M	589K	114K	47.9M	43.1M	45.3M
Property Plant Equipment	281.7M	249.9M	308.0M	379.3M	436.2M	458.0M
Other Current Liab	(24.5M)	(6.5M)	(17M)	7.6B	3.5B	3.3B
Total Current Liabilities	24.5M	6.5M	17M	7.6B	3.5B	3.4B
Net Tangible Assets	1.2B	1.4B	1.5B	1.3B	1.5B	907.3M
Long Term Debt Total	256.1M	366.2M	337.6M	321.5M	369.7M	212.6M
Capital Surpluse	1.9B	1.9B	1.9B	2.0B	2.3B	1.3B
Long Term Investments	1.1B	14.2B	2.0B	1.9B	1.8B	1.7B
Short Long Term Debt	24.5M	6.5M	17M	0.0	33.8M	32.1M
Short Term Debt	24.5M	6.5M	17M	5.4M	33.8M	32.1M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Independent Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Independent Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Independent Bank Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Group Stock:

How To Invest In Independent

Details

Is Independent Stock a good investment?

Details

What is Independent Bank's Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.

You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Independent Stock analysis

When running Independent Bank's price analysis, check to measure Independent Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.

	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Equity Valuation Check real value of public entities based on technical and fundamental data
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Stocks Directory Find actively traded stocks across global markets
	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk

Is Independent Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent Bank. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.64)

Dividend Share

1.52

Earnings Share

2.53

Revenue Per Share

11.705

Quarterly Revenue Growth

(0.15)

The market value of Independent Bank is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent Bank's value that differs from its market value or its book value, called intrinsic value, which is Independent Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent Bank's market value can be influenced by many factors that don't directly affect Independent Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Independent Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Independent Ptb Ratio vs Gross Profit Analysis

Ptb Ratio vs Gross Profit

Ptb Ratio vs Gross Profit Correlation Analysis

Correlation Coefficient

Ptb Ratio

Gross Profit

Independent Bank fundamental ratios Correlations

Independent Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Independent Bank fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Independent Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Common Stock Shares Outstanding
Common Stock	+ 1.0	Common Stock Shares Outstanding
Common Stock	+ 1.0	Other Stockholder Equity

Cash	- 0.95	Net Debt
Cash And Short Term Investments	- 0.87	Net Debt
Short Term Investments	- 0.61	Net Debt
Total Liab	- 0.54	Net Debt
Net Debt	- 0.54	Total Assets
Other Liab	- 0.52	Net Debt