Bank of America Corporation (BAC)
Bank of America Corporation PE Value
View BAC PE Value with YCharts Pro.
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BAC PE Value Range, Past 5 Years
| Minimum | 6.207 | Dec 2008 |
| Maximum | 62.68 | Jun 2007 |
| Average | 29.86 |
About PE Value (Pro)
Click the "Learn More" link below to see how YCharts calculates the PE Value
This valuation method corrects for any recent price appreciations for discounts by assuming that the value of the company will be in line with its historical valuations based on PE ratios. It will show companies that have recently increased in price, without an accompanying increase in earnings, to be overvalued, and it will show companies with a recent decrease in price, without an accompanying decrease in earnings, to be undervalued.
This method is most difficult to trust with growth stocks. Some of these companies trade at PE multiples of more than 35 for many years as they experience their growth. However, multiples of 35+ are rare (as of August 30, 2010 only 12.5% of companies had a 5 year average PE greater than 35), and since there is no sure way to know when a company's growth will slow, we apply a maximum PE ratio of 35 to companies. This helps to ensure that investors do not purchase companies under the intuition (based on history) that a stock's "reasonable" PE ratio is 35+ over the long term. If an investor wants to apply that PE ratio consciously based on special information, they may do so, but there should be sound reason.
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BAC News
about 6 hours ago by 61point8
about a day ago by dandyduct
about a day ago by dandyduct
about a day ago by RoryFH
about a day ago by NHStocktrdr
about 2 days ago by NHStocktrdr
about 2 days ago by Good2go
about 2 days ago by smoogoo
about 2 days ago by CDMCapital
about 2 days ago by Mac1962
about 2 days ago by azendrian
May 25, 10:27AM Street Insider
May 25, 6:43AM Benzinga
May 25, 6:15AM Street Insider
May 22, 8:11AM Street Insider
May 21, 11:47AM Street Insider
May 21, 8:56AM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BAC | 7.15 | +0.01 | +0.14% | 77.02B |
| BABY | 11.22 | +0.02 | +0.18% | 330.32M |
| AXP | 55.81 | -0.53 | -0.94% | 65.20B |
| AXN | 0.32 | -0.02 | -7.11% | 15.81M |
| AXL | 9.32 | -0.09 | -0.96% | 698.81M |
| AXK | 2.73 | -0.03 | -1.09% | 30.30M |
| AXJL | 57.50 | -0.53 | -0.91% | |
| AXFN | 20.75 | +0.00 | +0.00% | |
| AXE | 58.43 | -0.07 | -0.12% | 1.932B |
| AXDI | 56.32 | +0.00 | +0.00% |
