Comerica Price To Sales Ratio from 2010 to 2024

CMA Stock  USD 71.09  2.19  3.18%   
Comerica's Price To Sales Ratio is increasing over the years with stable fluctuation. Overall, Price To Sales Ratio is expected to go to 2.35 this year. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Comerica's market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
2.05092428
Current Value
2.35
Quarterly Volatility
0.92010783
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Comerica financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comerica's main balance sheet or income statement drivers, such as Interest Expense of 1.7 B, Other Operating Expenses of 4.2 B or Operating Income of 1.4 B, as well as many indicators such as Price To Sales Ratio of 2.35, Dividend Yield of 0.0385 or PTB Ratio of 1.75. Comerica financial statements analysis is a perfect complement when working with Comerica Valuation or Volatility modules.
  
Check out the analysis of Comerica Correlation against competitors.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.

Latest Comerica's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Comerica over the last few years. Price to Sales Ratio is figured by comparing Comerica stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Comerica sales, a figure that is much harder to manipulate than other Comerica multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. Comerica's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Comerica's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.96 X10 Years Trend
Pretty Stable
   Price To Sales Ratio   
       Timeline  

Comerica Price To Sales Ratio Regression Statistics

Arithmetic Mean2.95
Geometric Mean2.81
Coefficient Of Variation31.23
Mean Deviation0.76
Median2.69
Standard Deviation0.92
Sample Variance0.85
Range3.3747
R-Value0.15
Mean Square Error0.89
R-Squared0.02
Significance0.59
Slope0.03
Total Sum of Squares11.85

Comerica Price To Sales Ratio History

2024 2.35
2023 2.05
2022 2.48
2021 3.96
2020 2.67
2019 3.22
2018 3.47

About Comerica Financial Statements

Comerica stakeholders use historical fundamental indicators, such as Comerica's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Comerica investors may analyze each financial statement separately, they are all interrelated. For example, changes in Comerica's assets and liabilities are reflected in the revenues and expenses on Comerica's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Comerica. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 2.05  2.35 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Comerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comerica Stock:
Check out the analysis of Comerica Correlation against competitors.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comerica. If investors know Comerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
2.84
Earnings Share
4
Revenue Per Share
23.812
Quarterly Revenue Growth
(0.1)
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comerica's market value can be influenced by many factors that don't directly affect Comerica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.