• Comerica average price/book ratio for 2024 was 1.1, a 12.24% increase from 2023.
• Comerica average price/book ratio for 2023 was 0.98, a 33.78% increase from 2022.
• Comerica average price/book ratio for 2022 was 1.48, a 33.33% decline from 2021.

Price/book ratio can be defined as