GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Comerica Inc (NYSE:CMA) » Definitions » GF Value Rank

Comerica (Comerica) GF Value Rank : 8 (As of Apr. 25, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Comerica GF Value Rank?

Comerica has the GF Value Rank of 8.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Comerica's GF Value Rank

For the Banks - Regional subindustry, Comerica's GF Value Rank, along with its competitors' market caps and GF Value Rank 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 GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Comerica's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Comerica's GF Value Rank falls into.



Comerica GF Value Rank Related Terms

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


Comerica (Comerica) Business Description

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
Bailey Corey R officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
Alan Gardner director C/O FRONTIER COMMUNICATIONS PARENT, INC., 401 MERRITT 7, NORWALK CT 06851
Allysun C Fleming officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
Arthur G Angulo director 1717 MAIN STREET, DALLAS TX 75201
Derek J Kerr director
Jennifer H Sampson director 1717 MAIN STREET, MC 6506, DALLAS TX 75201
Casandra M. Mckinney officer: EVP 1717 MAIN STREET, DALLAS TX 75201
Wendy Bridges officer: EVP 1717 MAIN STREET, DALLAS TX 75201
James Harry Weber officer: Executive Vice President 1717 MAIN STREET, MC-6503, DALLAS TX 75201
Turner Reginald M Jr director 500 WOODWARD AVE, SUITE 3500, DETROIT MI 48226
Peter L Sefzik officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
Von E Hays officer: Interim Chief Legal Officer 1717 MAIN STREET, MC 6404, DALLAS TX 75201
Melinda A. Chausse officer: EVP 1717 MAIN STREET, DALLAS TX 75201
Christine M Moore officer: SVP and General Auditor 411 WEST LAFAYETTE, DETROIT MI 48226
Nancy Flores director 6555 NORTH STATE HWY 161, IRVING TX 75039