Book value per share for bac

In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by ft and is not intended to be relied upon by users in making or refraining from making any specific investment or other decisions. B of a probability of bankruptcy analysis for stocks, probability of bankruptcy is the normalized value of zscore. Latest closing price divided by the last 12 months revenuecash flow per share. Bac stock has dipped below book value and its10x trailing 12month earnings per share. View realtime stock prices and stock quotes for a full financial overview. From 2010 to 2020 b of a book value per share quarterly data regression line had arithmetic mean of 25. Should the company decide to dissolve, the book value per common share indicates the dollar value remaining for common shareholders after all assets are.

Putting this all together, we get the value of bacs share. Book value per common share is the amount of stockholders. The first is that its business model has changed over the. How to figure the book value of bank stock finance zacks. Book value per common share book value per common share is the net assets available to common stockholders divided by the shares outstanding, where net assets represent stockholders equity less preferred stock. Bac price to book value data by ycharts there are two reasons bank of americas shares are currently trading for such a low valuation. By dividing book value by the total number of shares outstanding, you can find book value per share.

Compare bac with other stocks bank of america price book ratio historical data. Find out all the key statistics for bank of america corporation bac, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Book value per share tells investors what a banks, or any stocks, book value is on a pershare basis. Book value per share stock market definition,meaning. Bank of america corporation common stock bac stock. The buy the dip case for bank of america stock isnt so. Going back to 2017, its only dipped below onetimes book on a few occasions. Forcasts, revenue, earnings, analysts expectations, ratios for bank of america corporation stock bac. This means that bac has a good chance of performing well over the longterm as the price continues to approach its book value per share. Because a lot of people think that if a stock price goes to zero, that means that youre getting the company for nothing.

These factors are combined to calculate the true value of bacs stock. The book value of equity represents the equity of shareholders from a balance sheet perspective less the preferred stock. If the market value per share is lower than the book value per share, then the stock price may be undervalued. Bac stock at 1x pricetobook seems like a deal but not everyone might agree. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. Valuation is only one side of the coin when youre looking to invest, or sell, bac. The price to tangible book value ratio is simply the current price of the stock divided by the latest quarterly tangible book value per share. Allen companys average collection period for accounts receivable was 25 days in year 1, but increased to 40 days in year 2. Nov 15, 2019 i t has been about a month since the last earnings report for bank of america bac. Company profile for bank of america corp bac including business summary, key statistics, ratios, sector. Book value per share bvps is a ratio used to compare a firms common shareholders equity to the number of shares outstanding.

B of a book value per share is increasing over the years with slightly volatile fluctuation. Each of those dips was brief and represented a nearterm buying. In this scenario, the socalled priceto book pb ratio is applied with a banks stock price compared to equity book value per share. The current price to book ratio for bank of america as of april 21, 2020 is 0. The current price to book ratio for bank of america as of april 20, 2020 is 0. May 22, 2019 book value per share compares the amount of stockholders equity to the number of shares outstanding. Book value share the per share value of a company based on its equity available to common shareholders for the trailing 12 months. I recently reported on the results of my price to book ratio backtest. Mar 10, 2020 most notably, bac stock now trades below book value. The book value per share is a market value ratio that weighs stockholders equity against shares outstanding. Bank dividends and book values to come under deep scrutiny. The assets may be carried on the balance sheets at the original cost minus depreciation. Bank of america corporation bac book value per share.

The score is used to predict the probability of a firm or a fund experiencing financial distress within the. View book value per share for bac access over 100 stock metrics like beta, evebitda, pe10, free cash flow yield, kz index and cash conversion cycle. The book value per share is calculated using historical costs, but the market value per share is a forwardlooking metric that takes into account a companys earning power in the future. Bank of america price to book ratio 20062020 bac macrotrends. Find the latest historical data for bank of america corporation common stock bac at. Apr 15, 2020 book value per common share is a measure used by owners of common shares in a firm to determine the level of safety associated with each individual share after all debts are paid accordingly. These values can be found in the companys balance sheet and accounting tools such as journals and ledgers. Price to book value is a valuation ratio that is measured by stock price book value per share. In depth view into bank of america book value per share explanation, calculation, historical data and more. The trading economics application programming interface api provides direct access to our data. Aug 30, 2019 will bank of america stock dip below book value now. Find the latest book value per share for the boeing company ba the boeing company ba book value per share zacks.

Aug 17, 2019 the book value of assets and shares are the value of these items in a companys financial records. Access over 100 stock metrics like beta, evebitda, pe10, free cash flow yield, kz index and cash conversion cycle. C, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. B of a book value per share between 2010 and 2020 bac. Thus, this measure is a possible indicator of the value of a companys stock. Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis.

Will bank of america stock dip below book value now. About book value per share book value, per share, reveals the current state of the company and ignores future growth potential. Book value per share financial definition of book value per share. Bac stock bank of america stock price today markets. It allows api clients to download millions of rows of historical data, to query our realtime economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Price to tangible book value backtest fat pitch financials. Oct 20, 2018 book value per share is a good measure to value bank stocks. Another notable valuation metric for c is its pb ratio of 0. Dec 17, 2019 our value category grades stocks based on a number of key metrics, including the triedandtrue pe ratio, the ps ratio, earnings yield, and cash flow per share, as well as a variety of other. Book value per common share is the amount that would be paid to stockholders if the company were sold to another company.

Current and historical book value per share for bank of america bac from 2006 to 2019. Bac book value per share explanation usually a companys book value and tangible book per share may not reflect its true value. Find out all the key statistics for citigroup, inc. Pb ratios below 3 indicates that a company is reasonably valued with. For funds and etfs it is derived from a multifactor model developed by macroaxis. Book value per share is a widely used stock evaluation measure. Bank of america corporation bac valuation measures. In depth view into bank of america book value per share including historical data from 1973, charts, stats and industry comps. Ongoing book value per share is expected to grow to 29. Latest closing price divided by the last 12 months of revenuesales per share. At a little over 1x book, bank of america stock would seem to. Book value per common share is a measure used by owners of common shares in a firm to determine the level of safety associated with each share after all debts are paid accordingly. Investors use the pb ratio to look at a stocks market value versus its book value, which is defined as total assets minus total liabilities.

Shortly after running that backtest, i realized that many value investors probably actually prefer using price to tangible book value. To arrive at this number, subtract liabilities from assets. Get the latest bank of america stock price and detailed information including bac news, historical charts and realtime prices. Price book a financial ratio used to compare a companys current market price to its book value. Stocks trading below their book value can give decent returns.

Pricecash flow latest closing price of the stock divided by the last twelve months revenuecash flow per share. Several good stocks are trading below their book value. The book value per share formula is used to calculate the per share value of a company based on its equity available to common shareholders. Find the latest book value per share for bank of america corporation bac.

Bac stock price was relatively flat throughout the 1980s, but the thriving economic period in the 1990s would bring bank of america and bac stock price to the forefront of wall street finance. Heres how investors should value bank of americas stock. Savvy investors are always on the lookout for stocks that are not fully valued or, still better, are. Historical price to book ratio values for bank of america bac over the last 10 years. Bank of america corporation bac moving down whats in. Bac are incredibly cheap right now, at least according to traditional valuation metrics. All content on is for your general information and use only and is not intended to address your particular requirements. Bank of america is positioned to excel amidst crisis nyse. A financial ratio used to compare a companys current market price to its book value. Peg ratios above 1 indicate that a company could be overvalued. In the case that the firm dissolves, it is the amount the shareholders will receive. The term book value is a companys assets minus its liabilities and is sometimes referred to as stockholders equity, owners equity, shareholders equity, or simply equity. Get all the key statistics for bank of america corporation bac, including valuation measures, fiscal year financial statistics, trading records, share statistics and more. Hence, bank of america corporations pricetobook ratio for the period was 1.