Dear Community,
I'm currently trying to learn and teach myself fundamental analysis. It seems straightforward.
I was looking at the fundamentals for BAC Bank of America.
Looking at the valuation's page here: http://csimarket.com/stocks/single_company_valuation_ttm.php?code=BAC&pe
the quartely changes in stock performance first intrigued me and now really confuse me...
For example, it states " Bank Of America Corp's current Price to earnings ratio has increased due to shareprice growth of 57.92 %, from beginning of III. Quarter "
Though If you look at its actual stock values and make either Q/Q comparisons or Y/Y in stock price % change, then none of their values like the one stated are true. This doesn't make any sense so far. And all my attempts to pull up similiar results from other sites turned out to be non-existant.
It seems like their values are just random. Though I doubt that.
What am I missing here?
Can anyone tell me how they calculated those stock performance changes?
Any help would be much appreciated.
Thanks
I'm currently trying to learn and teach myself fundamental analysis. It seems straightforward.
I was looking at the fundamentals for BAC Bank of America.
Looking at the valuation's page here: http://csimarket.com/stocks/single_company_valuation_ttm.php?code=BAC&pe
the quartely changes in stock performance first intrigued me and now really confuse me...
For example, it states " Bank Of America Corp's current Price to earnings ratio has increased due to shareprice growth of 57.92 %, from beginning of III. Quarter "
Though If you look at its actual stock values and make either Q/Q comparisons or Y/Y in stock price % change, then none of their values like the one stated are true. This doesn't make any sense so far. And all my attempts to pull up similiar results from other sites turned out to be non-existant.
It seems like their values are just random. Though I doubt that.
What am I missing here?
Can anyone tell me how they calculated those stock performance changes?
Any help would be much appreciated.
Thanks
