Bank of America (BAC) PEG Ratio
Market Cap: $323.93B
Avg Volume: 38.69M
Industry: Banks - Diversified
Sector: Financial Services
What is Bank of America's PEG Ratio?
- Bank of America's trailing twelve month (TTM) PEG ratio is -4.84.
- Bank of America's annual PEG ratio as of today is -2.98.
- Bank of America's quarterly PEG ratio is -10.16.
What is the PEG Ratio?
The PEG ratio (Price/Earnings to Growth ratio) is a valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share (EPS), and the company's expected growth. A lower PEG ratio suggests that a stock may be undervalued given its earnings performance and growth potential.
How is the PEG Ratio calculated?
The PEG ratio is calculated by dividing the P/E ratio by the annual EPS growth. The formula is:
PEG Ratio = (P/E Ratio) / (EPS Growth Rate)
This helps investors to determine a stock's value while considering the company's earnings growth.
Related Metrics
Other important metrics to assess Bank of America's financial health include:
- P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
- Annual: 10.20
- Quarterly: 12.25
- TTM: 15.19
- P/S Ratio (Price to Sales Ratio) - compares the company's stock price to its revenues:
- Annual: 2.82
- Quarterly: 14.19
- TTM: 3.42
- P/B Ratio (Price to Book Ratio) - compares the company's market value to its book value:
- Annual: 0.93
- Quarterly: 1.14
- TTM: 1.21
- P/CF Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
- Annual: 6.01
- Quarterly: 0.00
- TTM: 10.12
These metrics provide insights into Bank of America's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual PEG Ratio
-2.98
Quarterly PEG Ratio
-10.16
TTM PEG Ratio
-4.84
Bank of America Historical PEG Ratio
Historical P/E Ratio
Historical P/S Ratio
Historical P/B Ratio
Historical P/CF Ratio
Bank of America Historical Financial Metrics
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.
Year | PEG Ratio | P/E Ratio | P/S Ratio | P/B Ratio | P/CF Ratio |
---|---|---|---|---|---|
2023 | -2.98 | 10.20 | 2.82 | 0.93 | 6.01 |
2022 | -0.90 | 9.76 | 2.91 | 0.98 | -42.47 |
2021 | 0.13 | 11.82 | 4.03 | 1.40 | -52.53 |
2020 | -0.46 | 14.83 | 3.58 | 0.97 | 6.98 |
2019 | 2.45 | 12.06 | 3.86 | 1.25 | 5.35 |
2018 | 0.14 | 8.84 | 2.84 | 0.94 | 6.29 |
2017 | 4.32 | 16.51 | 3.59 | 1.13 | 28.93 |
2016 | 0.93 | 12.75 | 2.84 | 0.85 | 12.42 |
2015 | 0.05 | 11.07 | 2.21 | 0.69 | 6.35 |
2014 | -0.68 | 34.12 | 2.25 | 0.77 | 7.04 |