Bank of America
BAC
$38.37
Share price
1.70%
Change (1 day)
28.93%
Change (1 year)
Categories
Bank of America Corporation is a major US bank headquartered in Charlotte, North Carolina. The company was at times the largest credit institution in the United States.
Bank of America (BAC) - P/B ratio
P/B ratio as of April 2024 : 1.03
According to Bank of America 's latest financial reports the company has a price-to-book ratio of 1.03.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Bank of America - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.9136 | -6.06% |
| 2022-12-31 | 0.9726 | -26.91% |
| 2021-12-31 | 1.33 | 38.51% |
| 2020-12-31 | 0.9607 | -18.25% |
| 2019-12-31 | 1.18 | 30.88% |
| 2018-12-31 | 0.8980 | -22.09% |
| 2017-12-31 | 1.15 | 37.39% |
| 2016-12-31 | 0.8389 | 23.02% |
| 2015-12-31 | 0.6820 | -11.75% |
| 2014-12-31 | 0.7727 | 9.03% |
| 2013-12-31 | 0.7087 | 34.21% |
| 2012-12-31 | 0.5281 | 115.62% |
| 2011-12-31 | 0.2449 | -58.45% |
| 2010-12-31 | 0.5894 | 4.72% |
| 2009-12-31 | 0.5629 | 41.06% |
| 2008-12-31 | 0.3990 | -68.04% |
| 2007-12-31 | 1.25 | -29.27% |
| 2006-12-31 | 1.77 | -16.46% |
| 2005-12-31 | 2.11 | 10.54% |
| 2004-12-31 | 1.91 | -20.97% |
| 2003-12-31 | 2.42 | 30.55% |
| 2002-12-31 | 1.85 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 JPMorgan Chase JPM | 1.68 | 62.50% | 🇺🇸 USA |
 Wells Fargo WFC | 1.15 | 11.56% | 🇺🇸 USA |
 Citigroup C | 0.5759 | -44.24% | 🇺🇸 USA |
 U.S. Bancorp USB | 1.15 | 11.36% | 🇺🇸 USA |
 Trustmark TRMK | 1.01 | -2.67% | 🇺🇸 USA |
 Barclays BCS | 0.3968 | -61.59% | 🇬🇧 UK |