BeStock  

Bank of America BAC

US equityMarket cap rank #40Banks - DiversifiedAsset Management
$49.42 −$0.34 (-0.68%)
Market closed · Nov 7, 9:10 am ET · Last extended-hours $49.54 +0.24%
Open$49.54
Prev close$49.76
Day range$49.27 – $50.45
Volume36.23M
Market cap$341.01B
P/E (TTM)11.8
Dividend yield2.35%

Valuation

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

Price / earnings11.5x
CheapRich

Below its usual level · 39th percentile, 5-year average 12.2x

#783 of 2972 stocks by PE (1 = cheapest)

Price / book1.3x
CheapRich

Above its usual level · 61st percentile, 5-year average 1.2x

#1861 of 5311 stocks by PB (1 = cheapest)

Price / sales2.8x
CheapRich

Below its usual level · 25th percentile, 5-year average 3.1x

#3020 of 5150 stocks by PS (1 = cheapest)

P/E over five years

6x11x17x22xJan '21Dec '23Nov '26

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

Morningstar fair value estimate

Fair value$62.00
Price vs. fair value-20.3%Trading below the estimate
Star rating★★★★☆
Economic moatWide
UncertaintyMedium
MultipleCurrentForward5y averagePercentile vs. own historyIndustry rank
PB 1.27 – 1.21 61% (pricier than usual) #1861 of 5311 (1 = cheapest)
PE 11.55 10.06 12.19 39% (cheaper than usual) #783 of 2972 (1 = cheapest)
PS 2.84 2.73 3.15 25% (cheaper than usual) #3020 of 5150 (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. Forward multiples use consensus estimates for the next twelve months; a forward multiple below the current one usually signals analysts expect earnings to grow.

Morningstar view

Star rating★★★★
Fair value estimate$62.00
Economic moatWide
UncertaintyMedium

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