Companies: 10,795·Total market cap: $144.5T
Independent Bank Group, Inc.

Independent Bank Group, Inc.

IBTXNASDAQFinancial Services
$60.67
+$0.28(+0.46%)
Market Cap$2.5B
P/E Ratio
52W High$68.66
52W Low$36.47

Independent Bank Group, Inc. (IBTX) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

ibtx · pe ratio · data through Dec 31, 2023

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Independent Bank Group, Inc. (IBTX) measures how much investors pay for each dollar of the company's trailing earnings. IBTX's current PE ratio of 57.96x is calculated by dividing its stock price of $60.67 by its TTM earnings per share of $1.05. +188.0% elevated vs 5Y avg 20.1x

57.96x
P/E Ratio (TTM)+188.0%

Source: FMP · /ratios-ttm · /analyst-estimates · 2023-12-31

Forward P/E
12.38x
FY2026 est. EPS $4.90
Based on 1 analyst
EPS (TTM)
$1.05
TTM · diluted EPS
PEG Ratio
-0.08
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Independent Bank Group, Inc. SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2010 – 2023 · Annual
PE Ratio (TTM)
5Y Avg 20.1x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 14 fiscal years · Front-end computed
Average
20.4x
14-yr mean
Median
19.1x
14-yr midpoint
Minimum
10.5x
Lowest year
Maximum
48.6x
Highest year
58.0x ← Now
10.5x
Min
Q1 · 25%19.1x
Median
Q3 · 75%48.6x
Max
Historically Elevated

At 57.96x, IBTX's current P/E is higher than in 100% of its annual fiscal year readings over the past 14 years — historically elevated.

100th percentileHigher than 14 of 14 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Banks - Regional · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Independent Bank Group, Inc.
Independent Bank Group, Inc.You
IBTX
$2.5B57.96x+348.6%$1.05
First Republic Bank
First Republic Bank
FRC
$654M13.25x+2.6%$9.20
Heartland Financial USA, Inc.
Heartland Financial USA, Inc.
HTLF
$2.8B22.39x+73.3%$1.68
Investors Bancorp, Inc.
Investors Bancorp, Inc.
ISBC
$3.5B11.43x-11.5%$1.33
Itaú Corpbanca
Itaú Corpbanca
ITCB
$2.2B4.03x-68.8%$683.13
Pacific Premier Bancorp, Inc.
Pacific Premier Bancorp, Inc.
PPBI
$2.4B14.84x+14.9%$1.68
United Community Banks, Inc.
United Community Banks, Inc.
UCB
$4.0B11.58x-10.4%$2.70
Industry Average
6 peers with valid PE
12.92xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 14 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2023-12-31Latest
FY2023
48.60x$1.05+283.7%
2022-12-31
FY2022
12.67x$4.74-7.5%
2021-12-31
FY2021
13.70x$5.27+3.1%
2020-12-31
FY2020
13.28x$4.71+7.5%
2019-12-31
FY2019
12.36x$4.49+18.0%
2018-12-31
FY2018
10.47x$4.37-53.3%
2017-12-31
FY2017
22.44x$3.01+4.0%
2016-12-31
FY2016
21.56x$2.89+50.9%
2015-12-31
FY2015
14.29x$2.24-31.4%
2014-12-31
FY2014
20.84x$1.87-25.4%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Independent Bank Group, Inc. (IBTX) measures how much investors pay for each dollar of the company's trailing earnings. IBTX's current PE ratio of 57.96x is calculated by dividing its stock price of $60.67 by its TTM earnings per share of $1.05.

PE Ratio = Stock Price ÷ EPS (TTM)
= $60.67 ÷ $1.05 = 57.96x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

IBTX pe ratio · 6 questions

IBTX's current PE ratio is 57.96x as of 2026-06-08, based on a stock price of $60.67 and TTM EPS of $1.05. Data sourced from Financial Modeling Prep via IBTX's SEC 10-K and 10-Q filings.

IBTX PE ratioWhat is IBTX PE ratioCurrent PE ratio of IBTXIBTX PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Independent Bank Group, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08