Is Bank of America Corp. overvalued or undervalued?

As of 18 August 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 current metrics, the company appears to be fairly valued. The P/E ratio stands at 12, the Price to Book Value is 1.15, and the PEG Ratio is 0.85, suggesting that the stock is reasonably priced relative to its earnings growth potential.
In comparison to its peers, Bank of America Corp.'s P/E ratio is lower than that of JPMorgan Chase & Co., which is considered expensive at 20.10, and Wells Fargo & Co., which is attractive at 17.91. The PNC Financial Services Group, Inc. is also fair at 17.07, further supporting the notion that Bank of America is positioned competitively within its industry. Notably, over the past year, Bank of America has returned 31.57%, significantly outperforming the S&P 500's 17.14% return, reinforcing the company's solid performance amidst its fair valuation.