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Comerica PEG Ratio

: 2.26 (As of Today)
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PE Ratio without NRI / 5-Year Book Value Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, Comerica's PE Ratio without NRI is 11.32. Comerica's 5-Year Book Value growth rate is 5.00%. Therefore, Comerica's PEG Ratio for today is 2.26.

* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Comerica's PEG Ratio or its related term are showing as below:

NYSE:CMA' s PEG Ratio Range Over the Past 10 Years
Min: 1.29   Med: 3.62   Max: 225.75
Current: 2.26

1.29
225.75

During the past 13 years, Comerica's highest PEG Ratio was 225.75. The lowest was 1.29. And the median was 3.62.


NYSE:CMA's PEG Ratio is ranked lower than
99.99% of the 454 Companies
in the Banks industry.

( Industry Median: 1.44 vs. NYSE:CMA: 2.26 )

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Comerica PEG Ratio Historical Data

The historical data trend for Comerica's PEG Ratio 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 Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PEG Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.81 4.52 2.65 2.47 3.61

Comerica Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
PEG Ratio 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 Premium Member Only Premium Member Only Premium Member Only 2.13 2.33 3.61 2.33 1.79

Competitive Comparison

For the Banks - Regional subindustry, Comerica's PEG Ratio, along with its competitors' market caps and PEG 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 PEG Ratio Distribution

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

* The bar in red indicates where Comerica's PEG Ratio falls into.



Comerica PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year Book Value growth rate.

Comerica's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=11.319010416667/5.00
=2.26

* 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.

* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Comerica  (NYSE:CMA) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Comerica PEG Ratio Related Terms

Thank you for viewing the detailed overview of Comerica's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Comerica Business Description

Comerica logo
Industry
Financial Services » Banks NAICS : 522110 SIC : 6021
Traded in Other Exchanges
Address
1717 Main Street, Comerica Bank Tower, MC 6404, Dallas, TX, USA, 75201
Comerica is a financial services company headquartered in Dallas. It is primarily focused on relationship-based commercial banking. 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.
Executives
Ortiz Mauricio A officer: SVP & Chief Accounting Officer MAIN STREET MC 6500 DALLAS TX 75201
Buchanan John D officer: EVP & Corporate Secretary 1717 MAIN STREET MC 6404 DALLAS TX 75201
Obermeyer Paul R officer: Executive Vice President 1717 MAIN STREET, MC-6402 DALLAS TX 75201
Guilfoile Peter William officer: Executive Vice President 1717 MAIN STREET DALLAS TX 75201
Humrichouse Ximena G director 1230 RIVER BEND DRIVE SUITE 215 DALLAS TX 75247
Van De Ven Michael G director C/O SOUTHWEST AIRLINES CO PO BOX 36611 DALLAS TX 75235 1611
Turner Reginald M Jr director 500 WOODWARD AVE SUITE 3500 DETROIT MI 48226
Cregg Roger A director 100 BLOOMFIELD HILL PARKWAY STE 300 BLOOMFIELD HILLS MI 48304
Denicola T Kevin director 1221 MCKINNEY ST., SUITE 700 HOUSTON TX 77010
Lindner Richard G director 208 S. AKARD ST. DALLAS TX 75202
Taubman Robert S director 200 EAST LONG LAKE RD SUITE 300 P O BOX 200 BLOOMFIELD HILLS MI 48303-0200
Kane Jacqueline P director 1425 SAN RAYMUNDO RD HILLSBOROUGH CA 94010
Smith Barbara director 6565 N. MACARTHUR BLVD. SUITE 800 IVING TX 75039
Collins Michael E. director 20 WINDING WAY MULLICA HILL NJ 08062
Burkhart Megan D officer: EVP - Chief HR Officer 1717 MAIN STREET DALLAS TX 75201

Comerica Headlines

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