In the current session, Bank of America Inc. (NYSE:BAC) is trading at $25.78, after a 1.11% drop. Over the past month, the stock decreased by 10.45%, and in the past year, by 12.85%. With performance like this, long-term shareholders are more likely to start looking into the company's price-to-earnings ratio.
Bank of America P/E Compared to Competitors
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 and aggregate market data for the industry or ...