Bank of America
BAC
#27
Rank
$345.66 B
Marketcap
$45.05
Share price
-0.92%
Change (1 day)
34.76%
Change (1 year)

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 December 2024 : 1.17

According to Bank of America 's latest financial reports the company has a price-to-book ratio of 3.50931.
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 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-311.1829.35%
2023-12-310.9136-6.06%
2022-12-310.9726-26.91%
2021-12-311.3338.51%
2020-12-310.9607-18.25%
2019-12-311.1830.88%
2018-12-310.8980-22.09%
2017-12-311.1537.39%
2016-12-310.838923.02%
2015-12-310.6820-11.75%
2014-12-310.77279.03%
2013-12-310.708734.21%
2012-12-310.5281115.62%
2011-12-310.2449-58.45%
2010-12-310.58944.72%
2009-12-310.562941.06%
2008-12-310.3990-68.04%
2007-12-311.25-29.27%
2006-12-311.77-16.46%
2005-12-312.1110.54%
2004-12-311.91-20.97%
2003-12-312.4230.55%
2002-12-311.85

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
1.31 12.75%๐Ÿ‡บ๐Ÿ‡ธ USA
0.6408-45.03%๐Ÿ‡บ๐Ÿ‡ธ USA
1.27 9.31%๐Ÿ‡บ๐Ÿ‡ธ USA
1.94 66.45%๐Ÿ‡บ๐Ÿ‡ธ USA
0.5005-57.06%๐Ÿ‡ฌ๐Ÿ‡ง UK
1.14-1.92%๐Ÿ‡บ๐Ÿ‡ธ USA