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Comerica (BSP:C1MA34) Cyclically Adjusted Revenue per Share : R$71.44 (As of Mar. 2025)


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What is Comerica Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Comerica's adjusted revenue per share for the three months ended in Mar. 2025 was R$17.945. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$71.44 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Comerica's average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Comerica was 9.70% per year. The lowest was -2.40% per year. And the median was 4.50% per year.

As of today (2025-05-15), Comerica's current stock price is R$154.30. Comerica's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was R$71.44. Comerica's Cyclically Adjusted PS Ratio of today is 2.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Comerica was 6.22. The lowest was 1.43. And the median was 3.47.


Comerica Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Comerica's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Comerica Cyclically Adjusted Revenue per Share Chart

Comerica Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.96 54.42 56.32 56.27 88.98

Comerica Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.90 59.91 62.94 88.98 71.44

Competitive Comparison of Comerica's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Comerica's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Comerica's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Comerica's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Comerica's Cyclically Adjusted PS Ratio falls into.


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Comerica Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Comerica's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=17.945/134.9266*134.9266
=17.945

Current CPI (Mar. 2025) = 134.9266.

Comerica Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 5.796 100.684 7.767
201509 7.354 100.392 9.884
201512 7.653 99.792 10.347
201603 7.259 100.470 9.748
201606 6.895 101.688 9.149
201609 6.673 101.861 8.839
201612 6.727 101.863 8.911
201703 6.437 102.862 8.444
201706 7.143 103.349 9.325
201709 7.265 104.136 9.413
201712 7.814 104.011 10.137
201803 7.429 105.290 9.520
201806 9.081 106.317 11.525
201809 10.066 106.507 12.752
201812 10.167 105.998 12.942
201903 10.130 107.251 12.744
201906 10.748 108.070 13.419
201909 11.718 108.329 14.595
201912 11.458 108.420 14.259
202003 12.995 108.902 16.101
202006 13.400 108.767 16.623
202009 13.693 109.815 16.824
202012 13.486 109.897 16.558
202103 14.248 111.754 17.202
202106 13.646 114.631 16.062
202109 14.872 115.734 17.338
202112 15.825 117.630 18.152
202203 13.096 121.301 14.567
202206 15.851 125.017 17.107
202209 19.564 125.227 21.079
202212 20.114 125.222 21.673
202303 19.532 127.348 20.694
202306 16.988 128.729 17.806
202309 16.636 129.860 17.285
202312 14.405 129.419 15.018
202403 14.677 131.776 15.028
202406 16.560 132.554 16.856
202409 16.758 133.029 16.997
202412 18.781 133.157 19.031
202503 17.945 134.927 17.945

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Comerica  (BSP:C1MA34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Comerica's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=154.30/71.44
=2.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Comerica was 6.22. The lowest was 1.43. And the median was 3.47.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Comerica Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Comerica's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Comerica Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Comerica Inc (BSP:C1MA34) » Definitions » Cyclically Adjusted Revenue per Share
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Address
1717 Main Street, Comerica Bank Tower, MC 6404, Dallas, TX, USA, 75201
With assets of around $80 billion, Comerica is primarily a relationship-based commercial bank headquartered in Dallas. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada and Mexico.

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