P/E ratio for Comerica (CMA)

P/E ratio history for Comerica from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Regions Financial RF	9.57	39.56%	🇺🇸 USA
KeyCorp (KeyBank) KEY	13.8	101.06%	🇺🇸 USA
Bank of America BAC	11.3	64.05%	🇺🇸 USA
Wells Fargo WFC	12.0	75.02%	🇺🇸 USA
JPMorgan Chase JPM	12.6	83.30%	🇺🇸 USA
Huntington Bancshares HBAN	9.65	40.64%	🇺🇸 USA
Cullen/Frost Bankers CFR	10.9	59.56%	🇺🇸 USA
PNC Financial Services PNC	13.0	88.89%	🇺🇸 USA
WesBanco WSBC	11.1	62.15%	🇺🇸 USA
Old National Bank ONB	8.83	28.78%	🇺🇸 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.