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Comerica Inc (NYSE:CMA)
EV/EBITDA
11.25 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Comerica Inc's enterprise value is $9,763 Mil. Comerica Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Sep. 2016 was $868 Mil. Therefore, Comerica Inc's EV/EBITDA ratio for today is 11.25.

CMA' s EV/EBITDA Range Over the Past 10 Years
Min: 3.1   Max: 1899.1
Current: 13.56

3.1
1899.1

During the past 13 years, the highest EV/EBITDA Ratio of Comerica Inc was 1899.10. The lowest was 3.10. And the median was 11.10.

CMA's EV/EBITDA is ranked higher than
54% of the 1263 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.92 vs. CMA: 13.56 )

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

As of today, Comerica Inc's stock price is $69.62. Comerica Inc's earnings per share for the trailing twelve months (TTM) ended in Sep. 2016 was $2.84. Therefore, Comerica Inc's P/E Ratio for today is 24.51.

The "classic" EV/EBITDA ratio is much better in capturing debt and net cash than the P/E Ratio.


Definition

Comerica Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=9762.970/868
=11.25

Comerica Inc's current Enterprise Value is $9,763 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Comerica Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Sep. 2016 was $868 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

Comerica Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=69.62/2.84
=24.51

Comerica Inc's share price for today is $69.62.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Comerica Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Sep. 2016 was $2.84.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Study has found that the companies with the lowest EV/EBITDA outperforms companies measured as cheap by other ratios such as P/E Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Related Terms

Enterprise Value, Earnings Before Depreciation and Amortization, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Comerica Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebitda 11.9215.1048.151,769.7726.209.826.696.505.044.80

Comerica Inc Semi-Annual Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebitda 8.494.215.044.816.203.414.809.4412.618.21
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