P/E ratio for Comerica (CMA)
P/E ratio as of April 2023 (TTM): 5.07
According to Comerica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.06534. At the end of 2021 the company had a P/E ratio of 10.3.
P/E ratio history for Comerica from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.3 | -38.96% |
| 2020 | 16.9 | 87.32% |
| 2019 | 9.04 | -3.7% |
| 2018 | 9.38 | -54.17% |
| 2017 | 20.5 | -17.03% |
| 2016 | 24.7 | 72.26% |
| 2015 | 14.3 | 0.01% |
| 2014 | 14.3 | -12.02% |
| 2013 | 16.3 | 43.81% |
| 2012 | 11.3 | -7.41% |
| 2011 | 12.2 | -76.26% |
| 2010 | 51.5 | -296.85% |
| 2009 | -26.2 | -272.7% |
| 2008 | 15.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 8.93 | 76.26% | 🇺🇸 USA |
 Huntington Bancshares
HBAN | 7.62 | 50.48% | 🇺🇸 USA |
 KeyCorp (KeyBank) KEY | 6.45 | 27.31% | 🇺🇸 USA |
 PNC Financial Services PNC | 9.17 | 81.02% | 🇺🇸 USA |
 Regions Financial
RF | 8.04 | 58.79% | 🇺🇸 USA |
 JPMorgan Chase JPM | 10.7 | 112.21% | 🇺🇸 USA |
 Wells Fargo WFC | 11.7 | 131.81% | 🇺🇸 USA |
 WesBanco WSBC | 10.1 | 99.43% | 🇺🇸 USA |
 Old National Bank
ONB | 10.4 | 104.38% | 🇺🇸 USA |
 Cullen/Frost Bankers CFR | 14.1 | 178.61% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.