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Bank of America (NEOE:BOFA) Cyclically Adjusted Price-to-FCF : 16.90 (As of Jun. 30, 2025)


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What is Bank of America Cyclically Adjusted Price-to-FCF?

As of today (2025-06-30), Bank of America's current share price is C$24.17. Bank of America's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was C$1.43. Bank of America's Cyclically Adjusted Price-to-FCF for today is 16.90.

The historical rank and industry rank for Bank of America's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NEOE:BOFA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.25   Med: 7.66   Max: 19.55
Current: 16.99

During the past years, Bank of America's highest Cyclically Adjusted Price-to-FCF was 19.55. The lowest was 2.25. And the median was 7.66.

NEOE:BOFA's Cyclically Adjusted Price-to-FCF is ranked worse than
83.89% of 894 companies
in the Banks industry
Industry Median: 8.985 vs NEOE:BOFA: 16.99

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Bank of America's adjusted free cash flow per share data for the three months ended in Mar. 2025 was C$-0.154. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is C$1.43 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of America Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bank of America's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bank of America Cyclically Adjusted Price-to-FCF Chart

Bank of America Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.98 13.79 9.34 10.67 15.88

Bank of America Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.84 13.58 16.30 15.88 15.04

Competitive Comparison of Bank of America's Cyclically Adjusted Price-to-FCF

For the Banks - Diversified subindustry, Bank of America's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of America's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of America's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bank of America's Cyclically Adjusted Price-to-FCF falls into.


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Bank of America Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Bank of America's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.17/1.43
=16.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bank of America's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Bank of America's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.154/134.9266*134.9266
=-0.154

Current CPI (Mar. 2025) = 134.9266.

Bank of America Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.140 100.684 -0.188
201509 1.163 100.392 1.563
201512 0.266 99.792 0.360
201603 0.494 100.470 0.663
201606 0.679 101.688 0.901
201609 0.024 101.861 0.032
201612 -0.434 101.863 -0.575
201703 -0.606 102.862 -0.795
201706 0.451 103.349 0.589
201709 0.883 104.136 1.144
201712 -0.325 104.011 -0.422
201803 1.897 105.290 2.431
201806 -0.316 106.317 -0.401
201809 0.957 106.507 1.212
201812 -0.713 105.998 -0.908
201903 0.785 107.251 0.988
201906 -0.356 108.070 -0.444
201909 -0.307 108.329 -0.382
201912 3.265 108.420 4.063
202003 1.142 108.902 1.415
202006 -0.177 108.767 -0.220
202009 -1.873 109.815 -2.301
202012 3.030 109.897 3.720
202103 -2.860 111.754 -3.453
202106 -0.496 114.631 -0.584
202109 0.556 115.734 0.648
202112 2.646 117.630 3.035
202203 -2.670 121.301 -2.970
202206 -0.301 125.017 -0.325
202209 0.819 125.227 0.882
202212 1.967 125.222 2.119
202303 -0.719 127.348 -0.762
202306 0.738 128.729 0.774
202309 0.751 129.860 0.780
202312 2.092 129.419 2.181
202403 -0.997 131.776 -1.021
202406 1.186 132.554 1.207
202409 -2.433 133.029 -2.468
202412 1.791 133.157 1.815
202503 -0.154 134.927 -0.154

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Bank of America  (NEOE:BOFA) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Bank of America Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Bank of America's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of America Business Description

Industry
Address
100 North Tryon Street, Bank of America Corporate Center, Charlotte, NC, USA, 28255
Bank of America is one of the largest financial institutions in the United States, with more than $3.2 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.

Bank of America Headlines

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