Independent Bank CorporationIBCPNASDAQ
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PB Ratio History
Trending higher.
Left:
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Price-to-book ratio
Latest
1.60
Near historical average
Average (9y)
1.47
Historical baseline
Range
High:1.87
Low:1.04
CAGR
+1.7%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2024 | 1.60 | +18.6% |
| 2023 | 1.35 | -7.3% |
| 2022 | 1.45 | +12.2% |
| 2021 | 1.29 | +24.5% |
| 2020 | 1.04 | -29.7% |
| 2019 | 1.48 | +1.8% |
| 2018 | 1.45 | -19.2% |
| 2017 | 1.80 | -3.9% |
| 2016 | 1.87 | +35.9% |
| 2015 | 1.38 | - |