Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 13.37 as of Saturday, August 1, 2026.
Forward PE Ratio (13.37) = Close Price ($61.95) / Consensus Forward EPS ($4.63)
FORWARD PE RATIO
13.37
SECTOR MEDIAN · FINANCIAL SERVICES
14.28
median of 83 covered companies
CURRENT VS SECTOR MEDIAN
-6.37%
vs the sector median at left
Bank of America Corporation
Market Cap
$439.63B
Forward PE Ratio
13.37
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Bank of America Corporation (BAC) | $439.63B | 13.37 |
| Mastercard Incorporated (MA)vs › | $502.63B | 29.00 |
| Invesco QQQ Trust, Series 1 (QQQ)vs › | $509.74B | N/A |
| Morgan Stanley (MS)vs › | $332.03B | 16.36 |
| The Goldman Sachs Group, Inc. (GS)vs › | $300.43B | 14.60 |
| Wells Fargo & Company (WFC)vs › | $264.55B | 11.90 |
| Vanguard Total Stock Market ETF (VTI)vs › | $630.28B | N/A |
| Citigroup Inc. (C)vs › | $227.12B | 11.86 |
| American Express Company (AXP)vs › | $227.07B | 19.05 |
| Visa Inc. (V)vs › | $683.58B | 27.74 |
Trailing P/E
14.3
reported TTM EPS
Forward P/E
13.4
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.63 implies +6.7% EPS growth vs the reported trailing $4.34.
At today's $61.95 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 | $4.63 | $4.54 – $4.97 | 15 | 13.4x |
| 2027-12-31 | $5.24 | $5.09 – $5.40 | 15 | 11.8x |
| 2028-12-31 | $5.87 | $5.51 – $6.15 | 7 | 10.6x |
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
