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re: Cash out on BAC?

Posted on 3/7/13 at 10:49 am to
Posted by gatorsimz
cafe risque
Member since Feb 2009
8135 posts
Posted on 3/7/13 at 10:49 am to
BAC's PE multiple is around 50x. its sector average is around 15x. that multiple would give me a little concern
Posted by LSURussian
Member since Feb 2005
126965 posts
Posted on 3/7/13 at 10:52 am to
quote:

BAC's PE multiple is around 50x.
That's the trailing P/E.

Forward P/E is 9.45.

ETA: Full disclosure, I don't own BAC.
This post was edited on 3/7/13 at 10:56 am
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