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+ Follow11.87
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, NCB.DE shows a P/E ratio of 11.87. That is above the Finance sector average of 8.78. Scroll down for historical charts and peer comparison views.
The Finance sector average P/E ratio is about 8.78. Bank of America is at 11.87, which is higher that average. That is roughly 35.3% above the sector mean. Use the comparison chart on this page to see how NCB.DE stacks up against individual peers as well.
Investors watch NCB.DE's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Bank of America's latest reading is 11.87. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Bank of America's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 11.87) with ownership activity and broader fundamentals.
The Finance average P/E ratio is about 8.78, while NCB.DE is at 11.87. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.