What is the price to book ratio for bank of America (BAC)?

Historical price to book ratio values for Bank Of America (BAC) over the last 10 years. The current price to book ratio for Bank Of America as of December 01, 2023 is 0.95. Please refer to the Stock Price Adjustment Guide for more information on our historical prices.

What is Bank of America book value per share?

Current and historical book value per share for Bank Of America (BAC) from 2010 to 2023. Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis. Bank Of America book value per share for the three months ending June 30, 2023 was $35.62.

What is book value in banking?

The book value is the difference between total assets and liabilities. Bank stocks tend to trade at prices below their book value per share as the prices consider the increased risks from a bank's trading activities. The price-to-book (P/B) ratio can be used to compare a company's market cap to its book value.

What is book value per share?

Book value per share—or total shareholders' equity divided by total outstanding shares—is a way to value bank stocks. The price-to-book (P/B) ratio is applied with a bank's stock price compared to equity book value per share, meaning that the ratio looks at a company's market cap compared to its book value.