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

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Comerica Inc's enterprise value is $9,889 Mil. Comerica Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2016 was $704 Mil. Therefore, Comerica Inc's EV/EBITDA ratio for today is 14.05.

CMA' s EV/EBITDA Range Over the Past 10 Years
Min: 3.1   Max: 1899.1
Current: 14.05

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 11.05.

CMA's EV/EBITDA is ranked lower than
60% of the 1246 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.33 vs. CMA: 14.05 )

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 $46.96. Comerica Inc's earnings per share for the trailing twelve months (TTM) ended in Jun. 2016 was $2.30. Therefore, Comerica Inc's P/E Ratio for today is 20.42.

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)
=9889.450/704
=14.05

Comerica Inc's current Enterprise Value is $9,889 Mil.
Comerica Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2016 was 229 (Sep. 2015 ) + 185 (Dec. 2015 ) + 115 (Mar. 2016 ) + 175 (Jun. 2016 ) = $704 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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)
=46.96/2.3
=20.42

Comerica Inc's share price for today is $46.96.
Comerica Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Jun. 2016 was 0.74 (Sep. 2015 ) + 0.64 (Dec. 2015 ) + 0.34 (Mar. 2016 ) + 0.58 (Jun. 2016 ) = $2.30.

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Comerica Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebitda 11.9215.1048.151,769.7726.209.826.696.505.044.80

Comerica Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
ev2ebitda 8.088.494.215.044.816.203.414.809.4412.61
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