Looking into the current session, Bank of America Inc. (NYSE:BAC) shares are trading at $29.80, after a 0.88% increase. Moreover, over the past month, the stock increased by 13.26%, but in the past year, fell by 20.13%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.
Comparing Bank of America P/E Against Its Peers
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data ...