Price Over Earnings Overview: Bank of America - Bank of America (NYSE:BAC)

In the current market session, Bank of America Inc. (NYSE:BAC) stock price is at $56.08, after a 2.05% drop. However, over the past month, the company's stock spiked by 3.70%, and in the past year, by 24.32%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. How Does Bank of America P/E Compare to Other Companies?The P/E ratio measures the current share price to the company's EPS. It is used by long-term inves ...