We present a componentwise iterated relative entropy regularization method (COMET) where the prior and regularization parameter could be updated in the iterates. Such a reconstruction method could be useful for multicomponent inverse problems, such as the one occurring in electron tomography. The paper also contains a brief introduction to regularization theory with emphasis on variational based regularization methods, and we rigorously prove that the tolerance-based entropy reconstruction method that occurs in the COMET iterates is a regularization method. We conclude by showing examples of COMET applied to electron tomography data.