Is Bank of America Corp. overvalued or undervalued?

As of 17 June 2025, the valuation grade for Bank of America Corp. has moved from attractive to fair, indicating a shift in its perceived value. Based on the analysis, the company appears to be fairly valued at this time. Key ratios include a P/E ratio of 12, a Price to Book Value of 1.15, and an EV to EBITDA of 13.41.
In comparison to peers, JPMorgan Chase & Co. has a P/E ratio of 17.62 and Wells Fargo & Co. at 17.01, both indicating higher valuations than Bank of America. Additionally, the PEG ratio for Bank of America stands at 0.85, which is competitive against Citigroup's 0.32, suggesting that while Bank of America is fairly valued, it may still offer growth potential relative to its peers. Notably, over the past year, Bank of America has outperformed the S&P 500 with a return of 17.24% compared to 10.26%, reinforcing its position in the market.