Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 13.28.
Forward PE Ratio (13.28) = Close Price ($61.69) / Consensus Forward EPS ($4.64)
FORWARD PE RATIO
13.28
SECTOR MEDIAN · FINANCIAL SERVICES
14.80
median of 83 covered companies
CURRENT VS SECTOR MEDIAN
-10.27%
vs the sector median at left
Bank of America Corporation
Market Cap
$437.79B
Forward PE Ratio
13.28
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Bank of America Corporation (BAC) | $437.79B | 13.28 |
| Invesco QQQ Trust, Series 1 (QQQ)vs › | $508.35B | N/A |
| Mastercard Incorporated (MA)vs › | $509.23B | 29.10 |
| Morgan Stanley (MS)vs › | $337.85B | 16.61 |
| The Goldman Sachs Group, Inc. (GS)vs › | $306.59B | 14.80 |
| Wells Fargo & Company (WFC)vs › | $253.53B | 11.50 |
| American Express Company (AXP)vs › | $226.90B | 19.04 |
| Citigroup Inc. (C)vs › | $225.77B | 11.76 |
| Vanguard Total International Stock ETF (VXUS)vs › | $674.15B | N/A |
| The Charles Schwab Corporation (SCHW)vs › | $195.31B | 17.28 |
Trailing P/E
14.2
reported TTM EPS
Forward P/E
13.3
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.64 implies +6.9% EPS growth vs the reported trailing $4.34.
At today's $61.69 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $4.64 | $4.55 – $4.97 | 15 | 13.3x |
| 2027-12-31 | $5.26 | $5.13 – $5.40 | 15 | 11.7x |
| 2028-12-31 | $5.89 | $5.68 – $6.13 | 7 | 10.5x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute