Bank Of America Stock Price To Book
NCB Stock | 45.34 0.04 0.09% |
Bank of America fundamentals help investors to digest information that contributes to Bank of America Corp's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank of America Corp'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 Bank of America Corp stock.
Bank |
Bank of America Company Price To Book Analysis
Bank of America Corp'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.
Current Bank of America Corp Price To Book | 1.08 X |
Most of Bank of America Corp's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bank of America is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Based on the latest financial disclosure, Bank of America has a Price To Book of 1.0799 times. This is 76.42% lower than that of the Financial Services sector and significantly higher than that of the Banks-Diversified industry. The price to book for all Germany stocks is 88.64% higher than that of the company.
Bank Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank of America Corp's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bank of America Corp could also be used in its relative valuation, which is a method of valuing Bank of America Corp by comparing valuation metrics of similar companies.Bank of America is currently under evaluation in price to book category among its peers.
Bank Fundamentals
Return On Equity | 0.1 | |||
Return On Asset | 0.0089 | |||
Profit Margin | 0.30 % | |||
Operating Margin | 0.34 % | |||
Current Valuation | 21.51 B | |||
Shares Outstanding | 8 B | |||
Shares Owned By Insiders | 0.14 % | |||
Shares Owned By Institutions | 71.66 % | |||
Price To Book | 1.08 X | |||
Price To Sales | 2.62 X | |||
Revenue | 94.95 B | |||
Gross Profit | 92.41 B | |||
EBITDA | 51.07 B | |||
Net Income | 27.53 B | |||
Total Debt | 275.98 B | |||
Book Value Per Share | 30.61 X | |||
Cash Flow From Operations | (7.19 B) | |||
Earnings Per Share | 3.04 X | |||
Price To Earnings To Growth | 87.69 X | |||
Number Of Employees | 217 K | |||
Beta | 1.4 | |||
Market Capitalization | 256.68 B | |||
Total Asset | 3.05 T | |||
Annual Yield | 0.03 % | |||
Net Asset | 3.05 T | |||
Last Dividend Paid | 0.86 |
About Bank of America Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bank of America's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank of America Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank of America 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.
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When running Bank of America Corp's price analysis, check to measure Bank of America Corp'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 Bank of America Corp is operating at the current time. Most of Bank of America Corp's value examination focuses on studying past and present price action to predict the probability of Bank of America Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of America Corp's price. Additionally, you may evaluate how the addition of Bank of America Corp to your portfolios can decrease your overall portfolio volatility.