Independent Bank Corp (INDB) Price to Sales (2011 - 2026)
Independent Bank's Price to Sales was 3.97 in Q2 2026, up 5.5% from 3.77 a year earlier and up 1.4% from the prior quarter.
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Analysis
Independent Bank Corp (INDB) Price to Sales (2011 - 2026) Analysis & Trends
For FY2025, Price to Sales at Independent Bank came in at 4.20, up 6.1% from FY2024.
- In earlier years, Price to Sales was 3.96 in FY2024 (+2.5%), 3.86 in FY2023 (-27.1%), 5.29 in FY2022 (-5.5%) and 5.60 in FY2021 (+11.5%).
- Quarterly Price to Sales has moved between 2.58 (Q2 2023) and 7.03 (Q1 2022) over five years.
- Compared with a year earlier, Price to Sales has increased for nine straight quarters, with growth averaging 13.7% over the last eight quarters.
- The best year-over-year quarter for Price to Sales over five years was Q3 2021 (growth of 51.6%); the worst was Q2 2023 (a decline of 57.4%).
- Per Business Quant data, INDB's Price to Sales in the three quarters before Q2 2026 was 3.92 (Q1 2026), 4.20 (Q4 2025) and 4.41 (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.97 |
| Mar 31, 2026 | 3.92 |
| Dec 31, 2025 | 4.20 |
| Sep 30, 2025 | 4.41 |
| Jun 30, 2025 | 3.77 |
| Mar 31, 2025 | 3.81 |
| Dec 31, 2024 | 3.96 |
| Sep 30, 2024 | 3.64 |
| Jun 30, 2024 | 3.09 |
| Mar 31, 2024 | 3.10 |
| Dec 31, 2023 | 3.86 |
| Sep 30, 2023 | 2.87 |
| Jun 30, 2023 | 2.58 |
| Mar 31, 2023 | 3.85 |
| Dec 31, 2022 | 5.29 |
| Sep 30, 2022 | 5.01 |
| Jun 30, 2022 | 6.05 |
| Mar 31, 2022 | 7.03 |
| Dec 31, 2021 | 5.60 |
| Sep 30, 2021 | 5.30 |
API Access
Independent Bank Corp Price to Sales API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-sales&ticker=INDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "ticker": "INDB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-sales&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();