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	10.0	35.77%	🇺🇸 USA
KeyCorp (KeyBank) KEY	14.6	97.98%	🇺🇸 USA
Bank of America BAC	12.9	75.32%	🇺🇸 USA
Wells Fargo WFC	16.3	120.92%	🇺🇸 USA
JPMorgan Chase JPM	15.3	107.47%	🇺🇸 USA
Huntington Bancshares HBAN	10.9	48.32%	🇺🇸 USA
Cullen/Frost Bankers CFR	13.6	84.17%	🇺🇸 USA
PNC Financial Services PNC	13.9	88.42%	🇺🇸 USA
WesBanco WSBC	11.3	53.74%	🇺🇸 USA
Old National Bank ONB	10.5	42.31%	🇺🇸 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.