First Internet Bancorp Stock Price To Book

INBKZ Stock  USD 25.30  0.09  0.35%   
First Internet Bancorp fundamentals help investors to digest information that contributes to First Internet's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Internet's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Internet stock.
Price To Book Ratio is likely to drop to 0.58 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

First Internet Bancorp Company Price To Book Analysis

First Internet's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

First Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for First Internet is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Price To Book. Since First Internet's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Internet's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Internet's interrelated accounts and indicators.
0.990.690.940.890.351.00.540.930.86-0.550.830.920.970.970.990.880.92-0.310.7
0.990.690.940.840.420.990.580.880.9-0.450.860.940.960.960.980.870.93-0.410.65
0.690.690.580.480.410.680.60.570.75-0.070.690.740.60.60.710.410.69-0.50.4
0.940.940.580.880.090.940.280.920.7-0.620.670.830.950.950.910.960.85-0.20.83
0.890.840.480.880.080.890.230.90.62-0.640.60.760.880.880.860.80.81-0.130.74
0.350.420.410.090.080.350.880.090.710.330.740.50.310.310.430.030.47-0.61-0.28
1.00.990.680.940.890.350.540.930.86-0.550.830.920.970.970.990.880.92-0.310.7
0.540.580.60.280.230.880.540.380.810.040.80.620.430.430.60.180.55-0.480.0
0.930.880.570.920.90.090.930.380.67-0.760.650.780.890.890.910.860.78-0.050.81
0.860.90.750.70.620.710.860.810.67-0.10.930.930.80.80.890.60.9-0.630.38
-0.55-0.45-0.07-0.62-0.640.33-0.550.04-0.76-0.1-0.17-0.22-0.55-0.55-0.49-0.62-0.25-0.51-0.63
0.830.860.690.670.60.740.830.80.650.93-0.170.880.820.820.860.590.87-0.470.37
0.920.940.740.830.760.50.920.620.780.93-0.220.880.890.890.930.770.99-0.520.64
0.970.960.60.950.880.310.970.430.890.8-0.550.820.891.00.960.920.92-0.250.72
0.970.960.60.950.880.310.970.430.890.8-0.550.820.891.00.960.920.92-0.250.72
0.990.980.710.910.860.430.990.60.910.89-0.490.860.930.960.960.840.93-0.370.64
0.880.870.410.960.80.030.880.180.860.6-0.620.590.770.920.920.840.8-0.110.82
0.920.930.690.850.810.470.920.550.780.9-0.250.870.990.920.920.930.8-0.470.66
-0.31-0.41-0.5-0.2-0.13-0.61-0.31-0.48-0.05-0.63-0.51-0.47-0.52-0.25-0.25-0.37-0.11-0.470.18
0.70.650.40.830.74-0.280.70.00.810.38-0.630.370.640.720.720.640.820.660.18
Click cells to compare fundamentals

First Price To Book Historical Pattern

Today, most investors in First Internet Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Internet's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of First Internet price to book as a starting point in their analysis.
   First Internet Price To Book   
       Timeline  
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

First Book Value Per Share

Book Value Per Share

43.1

At this time, First Internet's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, First Internet Bancorp has a Price To Book of 0.0 times. This indicator is about the same for the Oil, Gas & Consumable Fuels average (which is currently at 0.0) sector and about the same as Energy (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

First Internet Current Valuation Drivers

We derive many important indicators used in calculating different scores of First Internet from analyzing First Internet's financial statements. These drivers represent accounts that assess First Internet's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Internet's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap238.1M282.8M466.5M231.4M213.8M112.8M
Enterprise Value495.2M457.5M642.7M694.3M527.7M554.0M

First Internet ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Internet's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Internet's managers, analysts, and investors.
Environmental
Governance
Social

First Fundamentals

About First Internet Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze First Internet Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Internet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Internet Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for First Stock Analysis

When running First Internet's price analysis, check to measure First Internet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Internet is operating at the current time. Most of First Internet's value examination focuses on studying past and present price action to predict the probability of First Internet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Internet's price. Additionally, you may evaluate how the addition of First Internet to your portfolios can decrease your overall portfolio volatility.