BAC PE ratio

Discussion in 'Stocks' started by eldorado1, Nov 18, 2011.

  1. Why is PE Negative/NA (depends on the source) if they were profitable in the last income statement?


    Thanks and have a good weekend everyone
     
  2. Archin

    Archin

    possibly they based it on year to date or not updated
     
  3. BAC has a -.30 earnings for the last 12 months (trailing earnings). It should take about two more quarters to get into positive p/e territory.
     
  4. thinkorswim says the BAC's PE is -18.71
    on what it must be based?

    is it possible to see a PE history chart?
     
  5. BAC should have a -19.3 p/e based on 5.79 share price.