• Comerica average price/book ratio for 2023 was 0.99, a 33.56% increase from 2022.
• Comerica average price/book ratio for 2022 was 1.49, a 33.04% decline from 2021.
• Comerica average price/book ratio for 2021 was 1.12, a 89.83% increase from 2020.

Price/book ratio can be defined as