BAC
Price:
$44.38
Market Cap:
$340.52B
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers i...[Read more]
Industry
Banks - Diversified
IPO Date
1973-02-21
Stock Exchange
NYSE
Ticker
BAC
According to Bank of America Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 16.08. This represents a change of 16.32% compared to the average of 13.82 of the last 4 quarters.
The mean historical PE Ratio of Bank of America Corporation over the last ten years is 14.19. The current 16.08 PE Ratio has changed 11.23% with respect to the historical average. Over the past ten years (40 quarters), BAC's PE Ratio was at its highest in in the December 2017 quarter at 32.67. The PE Ratio was at its lowest in in the September 2023 quarter at 7.03.
Average
14.19
Median
11.94
Minimum
8.84
Maximum
34.12
Discovering the peaks and valleys of Bank of America Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 115.22%
Maximum Annual PE Ratio = 34.12
Minimum Annual Increase = -67.56%
Minimum Annual PE Ratio = 8.84
Year | PE Ratio | Change |
---|---|---|
2023 | 10.20 | 4.44% |
2022 | 9.76 | -17.39% |
2021 | 11.82 | -20.30% |
2020 | 14.83 | 22.97% |
2019 | 12.06 | 36.42% |
2018 | 8.84 | -46.46% |
2017 | 16.51 | 29.45% |
2016 | 12.75 | 15.23% |
2015 | 11.07 | -67.56% |
2014 | 34.12 | 115.22% |
The current PE Ratio of Bank of America Corporation (BAC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
10.59
5-year avg
11.73
10-year avg
14.19
Bank of America Corporation’s PE Ratio is less than Citigroup Inc. (17.73), greater than Wells Fargo & Company (13.36), greater than The Toronto-Dominion Bank (15.07), greater than Royal Bank of Canada (15.12), greater than JPMorgan Chase & Co. (12.89), less than Nu Holdings Ltd. (27.95), greater than HSBC Holdings plc (7.45), greater than Canadian Imperial Bank of Commerce (12.24), greater than Bank of Montreal (13.83), greater than The Bank of Nova Scotia (12.21), greater than Credit Suisse Group AG (-0.27),
Company | PE Ratio | Market cap |
---|---|---|
17.73 | $134.28B | |
13.36 | $237.64B | |
15.07 | $92.75B | |
15.12 | $170.61B | |
12.89 | $682.19B | |
27.95 | $49.25B | |
7.45 | $176.87B | |
12.24 | $60.33B | |
13.83 | $70.66B | |
12.21 | $65.90B | |
-0.27 | $3.50B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Bank of America Corporation using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Bank of America Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the PE Ratio?
How can you use the PE Ratio?
What is Bank of America Corporation's PE Ratio?
How is the PE Ratio calculated for Bank of America Corporation (BAC)?
What is the highest PE Ratio for Bank of America Corporation (BAC)?
What is the 3-year average PE Ratio for Bank of America Corporation (BAC)?
What is the 5-year average PE Ratio for Bank of America Corporation (BAC)?
How does the current PE Ratio for Bank of America Corporation (BAC) compare to its historical average?