IBTX
Independent Bank Group Inc
Price:  
46.67 
USD
Volume:  
532,512.00
United States | Banks
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IBTX Fair Value

-88.80 %
Upside

As of 2024-05-23, the Fair Value of Independent Bank Group Inc (IBTX) is 5.23 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 46.67 USD, the upside of Independent Bank Group Inc is -88.80%.

46.67 USD
Stock Price
5.23 USD
Fair Price
FAIR VALUE CALCULATION

IBTX Fair Value

Peter Lynch's formula is:

IBTX Fair Value
= Earnings Growth Rate x TTM EPS
IBTX Fair Value
= 5.00 x 1.05
IBTX Fair Value
= 5.23

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 192.70 201.20 224.80 196.30 43.20 171.64
YoY growth 50.19% 4.41% 11.73% -12.68% -77.99% -4.87%

IBTX Fair Value - Key Data

Market Cap (mil) 1,931.20
P/E 44.64x
Forward P/E 44.26x
EPS 1.05
Avg earnings growth rate -4.87%
TTM earnings 43.26