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Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Bank of America Price-to-Tangible-Book Related Terms
Bank of America Price-to-Tangible-Book Historical Data
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The historical data trend for Bank of America's Price-to-Tangible-Book 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.
XSWX:BAC vs WFC, C, BNY: Price-to-Tangible-Book Comparison
For the Banks - Diversified subindustry, Bank of America's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book vs Banks Industry
For the Banks industry and Financial Services sector, Bank of America's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Bank of America's Price-to-Tangible-Book falls into.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Bank of America (XSWX:BAC) has a Price-to-Tangible-Book of 2.13 as of Sep. 07, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Bank of America and its competitors. According to the industry distribution chart, Bank of America ranks #1303 out of 1497 companies in the Banks industry, placing it in the top 87%.
Is Bank of America's Price-to-Tangible-Book too high?
Bank of America's current Price-to-Tangible-Book is 2.13. The Banks industry median Price-to-Tangible-Book is 1.20. Bank of America's value of 2.13 is 77.5% above this industry median. Based on the distribution chart, Bank of America ranks #1303 out of 1497 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Bank of America has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Bank of America's Price-to-Tangible-Book compare to WFC and C?
According to the Banks industry distribution chart, Bank of America ranks #1303 out of 1497 companies for Price-to-Tangible-Book. This places Bank of America in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.20. Bank of America's value of 2.13 is 77.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Banks company?
The median Price-to-Tangible-Book among Banks companies is 1.20, based on 1,497 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bank of America's current Price-to-Tangible-Book of 2.13 is 77.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Bank of America and its competitors. For the Banks industry, the median Price-to-Tangible-Book is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of America's current Price-to-Tangible-Book is 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of America stock overvalued right now?
Bank of America (XSWX:BAC) has a current Price-to-Tangible-Book of 2.13. The stock's GF Value™ is CHF43.42, compared to a current price of CHF50.34 — trading 15.9% above its estimated fair value. The current Price-to-Tangible-Book is 2.13 and 77.5% above the Banks industry median of 1.20. Bank of America's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Bank of America (XSWX:BAC), the current Price-to-Tangible-Book is 2.13 as of Sep. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bank of America (XSWX:BAC) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of America stock appears to be overvalued.
The current stock price of CHF50.34 is trading 15.9% above its estimated GF Value™ of CHF43.42.
Key valuation signals for XSWX:BAC:
Price-to-Tangible-Book: 2.13
GF Value™: CHF43.42 vs. price of CHF50.34 (15.9% above fair value)
Industry Position: 77.5% above the Banks median (#1303 of 1497)
No single metric tells the full story. See the XSWX:BAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of America is a formidable financial titan with a $3.5 trillion balance sheet and a cornerstone of the American economy, holding the second-largest deposit market share in the United States. While the firm has maintained its stronghold among middle-market and retail clientele domestically, Bank of America has continued to hold its own on the global stage, as evidenced by its fourth-largest global trading operation and an investment banking division that regularly finishes in the top four in global league tables. The firm is organized across four segments: consumer banking, global wealth and investment management, global banking, and global markets.
78GF Score
Get the complete analysis for XSWX:BAC
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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