Bank of America (MEX:BAC) Shiller PE Ratio: 17.92 (As of Sep. 07, 2026) — 14% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:BAC Bank of America Corp MEX:BAC
63 GF Score
Price MXN1,057.01
GF Value MXN929.20
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Bank of America Shiller PE Ratio?

Bank of America MEX:BAC -1.19% 63 Shiller PE Ratio is 17.92 as of Sep. 07, 2026, which is 14% below its 10-year median of 20.72. GuruFocus rates MEX:BAC with a GF Score™ of 63/100 and a GF Value™ of MXN929.20 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,236 Banks companies, Bank of America ranks worse than 73.79% on this metric.

As of today (2026-09-07), Bank of America's current share price is MXN1057.01. Bank of America's E10 for the quarter that ended in Jun. 2026 was MXN58.97. Bank of America's Shiller PE Ratio for today is 17.92.

The historical rank and industry rank for Bank of America's Shiller PE Ratio or its related term are showing as below:

MEX:BAC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.95   Med: 20.72   Max: 52.77
Current: 18.58

During the past years, Bank of America's highest Shiller PE Ratio was 52.77. The lowest was 9.95. And the median was 20.72.

MEX:BAC's Shiller PE Ratio is ranked worse than
73.79% of 1236 companies
in the Banks industry
Industry Median: 14.01 vs MEX:BAC: 18.58

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Bank of America's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN21.113. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN58.97 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of America  (MEX:BAC) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Bank of America Shiller PE Ratio Related Terms


Bank of America Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Bank of America's Shiller PE Ratio 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.

Bank of America Shiller PE Ratio Chart

Bank of America Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.17 14.72 13.39 15.35 17.51

Bank of America Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 15.70 16.70 17.51 14.89 16.89

MEX:BAC vs WFC, C, BNY: Shiller PE Ratio Comparison

For the Banks - Diversified subindustry, Bank of America's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bank of America's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bank of America's Shiller PE Ratio falls into.


MEX:BAC
63GF Score
Bank of America Corp MEX:BAC
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank of America Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Bank of America's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1057.01/58.97
=17.92

* 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 E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Bank of America's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=21.113/333.9520*333.9520
=21.113

Current CPI (Jun. 2026) = 333.9520.

Bank of America Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 7.928 241.428 10.966
201612 8.247 241.432 11.407
201703 8.473 243.801 11.606
201706 7.953 244.955 10.842
201709 8.348 246.819 11.295
201712 3.928 246.524 5.321
201803 11.264 249.554 15.073
201806 12.379 251.989 16.405
201809 12.345 252.439 16.331
201812 13.744 251.233 18.269
201903 13.579 254.202 17.839
201906 14.215 256.143 18.533
201909 11.056 256.759 14.380
201912 13.956 256.974 18.137
202003 9.379 258.115 12.135
202006 8.540 257.797 11.063
202009 11.266 260.280 14.455
202012 11.736 260.474 15.047
202103 17.579 264.877 22.163
202106 20.503 271.696 25.201
202109 17.478 274.310 21.278
202112 16.821 278.802 20.148
202203 15.929 287.504 18.502
202206 14.686 296.311 16.552
202209 16.293 296.808 18.332
202212 16.572 296.797 18.647
202303 16.943 301.836 18.746
202306 15.087 305.109 16.513
202309 15.677 307.789 17.010
202312 5.941 306.746 6.468
202403 12.613 312.332 13.486
202406 15.206 314.175 16.163
202409 15.949 315.301 16.892
202412 17.102 315.605 18.096
202503 18.208 319.799 19.014
202506 16.946 322.561 17.544
202509 19.445 324.800 19.993
202512 17.646 324.054 18.185
202603 20.016 330.213 20.243
202606 21.113 333.952 21.113

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 17.92 mean?
Bank of America (MEX:BAC) has a Shiller PE Ratio of 17.92 as of Sep. 07, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Bank of America and its competitors. This is 14% below median its historical median of 20.72. Over the past decade, Bank of America's Shiller PE Ratio has ranged from 9.95 to 52.77. According to the industry distribution chart, Bank of America ranks #912 out of 1236 companies in the Banks industry, placing it in the top 73.8%.
Is Bank of America's Shiller PE Ratio too high?
Bank of America's current Shiller PE Ratio of 17.92 is 14% below median its 10-year median of 20.72. Over the past 10 years, this metric has ranged from a low of 9.95 to a high of 52.77. The Banks industry median Shiller PE Ratio is 14.01. Bank of America's value of 17.92 is 27.9% above this industry median. Based on the distribution chart, Bank of America ranks #912 out of 1236 companies in the Banks industry, which is below the industry midpoint. Overall, Bank of America has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of America's Shiller PE Ratio compare to WFC and C?
According to the Banks industry distribution chart, Bank of America ranks #912 out of 1236 companies for Shiller PE Ratio. This places Bank of America in the lower half of its industry. The industry median Shiller PE Ratio is 14.01. Bank of America's value of 17.92 is 27.9% above this benchmark. Historically, Bank of America's own Shiller PE Ratio has ranged from 9.95 to 52.77 over the past decade. While the company's 10-year median is 20.72 vs. the industry median of 14.01, Bank of America has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Banks company?
The median Shiller PE Ratio among Banks companies is 14.01, based on 1,236 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bank of America's current Shiller PE Ratio of 17.92 is 27.9% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Bank of America and its competitors. For the Banks industry, the median Shiller PE Ratio is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of America's current Shiller PE Ratio is 17.92, which is 14% below median its own 10-year median of 20.72. 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?
Based on GuruFocus' analysis, Bank of America (MEX:BAC) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN929.20, compared to a current price of MXN1,057.01 — trading 13.8% above its estimated fair value. The current Shiller PE Ratio is 17.92, which is 14% below median its 10-year median of 20.72 and 27.9% above the Banks industry median of 14.01. Bank of America's overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Bank of America (MEX:BAC), the current Shiller PE Ratio is 17.92 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 (MEX:BAC) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of America stock appears to be overvalued. The current stock price of MXN1,057.01 is trading 13.8% above its estimated GF Value™ of MXN929.20. GuruFocus considers Bank of America to be Modestly Overvalued.

Key valuation signals for MEX:BAC:

  • Shiller PE Ratio: 17.92 (14% below median its 10-year median of 20.72)
  • GF Value™: MXN929.20 vs. price of MXN1,057.01 (13.8% above fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 27.9% above the Banks median (#912 of 1236)

No single metric tells the full story. See the MEX:BAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank of America Business Description

Address 100 North Tryon Street, Bank of America Corporate Center, Charlotte, NC, USA, 28255
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.
63GF Score

Get the complete analysis for MEX:BAC

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,057.01
Price
MXN929.20
GF Value