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Bank of America BAC

US equityMarket cap rank #30Banks - DiversifiedAsset Management
$56.04
+$0.04 (+0.06%)
Market open · Sep 24, 2:00 pm ET
After hours $56.14 +0.25%
Open$56.14
Prev close$56.00
Day range$55.84 – $56.53
Volume23.20M
Market cap$391.84B
P/E (TTM)12.9
Dividend yield2.00%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings14.5x
CheapRich

Near the top of its 5-year range · 84th percentile, 5-year average 12.2x

#1036 of 2977 stocks by PE (1 = cheapest)

Price / book1.6x
CheapRich

Near the top of its 5-year range · 98th percentile, 5-year average 1.2x

#2371 of 5303 stocks by PB (1 = cheapest)

Price / sales3.7x
CheapRich

Near the top of its 5-year range · 85th percentile, 5-year average 3.2x

#3374 of 5143 stocks by PS (1 = cheapest)

P/E over five years

7x10x14x18xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$66.00
Price vs. fair value-15.1%Trading below the estimate
Star rating★★★☆☆
Economic moatWide
UncertaintyMedium
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 1.59 1.21 98% (pricier than usual) #2371 of 5303 (1 = cheapest)
PE 14.48 12.23 84% (pricier than usual) #1036 of 2977 (1 = cheapest)
PS 3.68 3.18 85% (pricier than usual) #3374 of 5143 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★★
Fair value estimate$66.00
Economic moatWide
UncertaintyMedium
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