As of 2025-05-20, the Relative Valuation of Independent Bank Corp (Massachusetts) (INDB) is 72.34 USD. This relative valuation is based on P/E multiples. With the latest stock price at 64.64 USD, the upside of Independent Bank Corp (Massachusetts) based on Relative Valuation is 11.9%.
The range of the Relative Valuation is 66.68 - 78.45 USD.
| Range | Selected | |
| Trailing P/E multiples | 15.3x - 17.2x | 16.4x |
| Forward P/E multiples | 12.9x - 15.2x | 14.0x |
| Fair Price | 66.68 - 78.45 | 72.34 |
| Upside | 3.2% - 21.4% | 11.9% |
| Date | P/E |
| 2025-05-20 | 14.53 |
| 2025-05-19 | 14.59 |
| 2025-05-16 | 14.61 |
| 2025-05-15 | 14.63 |
| 2025-05-14 | 14.58 |
| 2025-05-13 | 14.72 |
| 2025-05-12 | 14.64 |
| 2025-05-09 | 13.96 |
| 2025-05-08 | 13.99 |
| 2025-05-07 | 13.72 |
| 2025-05-06 | 13.83 |
| 2025-05-05 | 14.04 |
| 2025-05-02 | 14.07 |
| 2025-05-01 | 13.50 |
| 2025-04-30 | 13.34 |
| 2025-04-29 | 13.38 |
| 2025-04-28 | 13.14 |
| 2025-04-25 | 13.10 |
| 2025-04-24 | 13.18 |
| 2025-04-23 | 13.04 |
| 2025-04-22 | 12.86 |
| 2025-04-21 | 12.33 |
| 2025-04-17 | 12.61 |
| 2025-04-16 | 12.50 |
| 2025-04-15 | 12.47 |
| 2025-04-14 | 12.26 |
| 2025-04-11 | 12.11 |
| 2025-04-10 | 12.27 |
| 2025-04-09 | 13.23 |
| 2025-04-08 | 12.33 |
| 2025-04-07 | 12.39 |
| 2025-04-04 | 12.51 |
| 2025-04-03 | 12.95 |
| 2025-04-02 | 14.20 |
| 2025-04-01 | 14.11 |
| 2025-03-31 | 14.14 |
| 2025-03-28 | 14.27 |
| 2025-03-27 | 14.61 |
| 2025-03-26 | 14.71 |
| 2025-03-25 | 14.72 |
| 2025-03-24 | 14.71 |
| 2025-03-21 | 14.24 |
| 2025-03-20 | 14.24 |
| 2025-03-19 | 14.46 |
| 2025-03-18 | 14.36 |
| 2025-03-17 | 14.48 |
| 2025-03-14 | 14.37 |
| 2025-03-13 | 13.86 |
| 2025-03-12 | 13.86 |
| 2025-03-11 | 13.78 |