Canadian Imperial Bank of Commerce P/E 2024

Canadian Imperial Bank of Commerce P/E

9.27

Canadian Imperial Bank of Commerce Dividend yield

5.31 %

Ticker

CM.TO

ISIN

CA1360691010

WKN

850576

As of Apr 16, 2024, Canadian Imperial Bank of Commerce's P/E ratio was 9.27, a -13.61% change from the 10.73 P/E ratio recorded in the previous year.

The Canadian Imperial Bank of Commerce P/E history

Canadian Imperial Bank of Commerce Aktienanalyse

What does Canadian Imperial Bank of Commerce do?

The Canadian Imperial Bank of Commerce, or CIBC, is one of the largest banks in Canada. It was founded in 1867 in Toronto and has been listed on the Toronto Stock Exchange since 1961. With its workforce of around 52,000 employees, the bank offers a wide range of financial services to its customers, including banking and investment operations, credit and financing options, as well as wealth management and insurance. The business model of CIBC is based on combining traditional banking with modern technologies and digital solutions to offer an attractive package to its customers. The focus is particularly on individual and corporate customers, as well as on wealth management. This is also reflected in the bank's various divisions, which include CIBC Wealth Management, CIBC Retail Markets, CIBC Imperial Service, CIBC Wood Gundy, and CIBC World Markets. CIBC Retail Markets is one of Canada's largest retail banks and offers a wide range of financial products and services, from loans and mortgages to credit cards, checking accounts, and savings products. CIBC Imperial Service, on the other hand, specializes in serving customers with higher wealth and provides individual solutions for wealth management and asset structuring in this area. Another important area is CIBC Wood Gundy, which offers personalization, expertise, and long-term customer relationships. The team of specialists in financial and investment advice supports customers in demanding investment strategies. CIBC World Markets, on the other hand, is an internationally active investment banking business that provides investment solutions, equity capital participation, risk-based solutions, and financing alternatives to its customers worldwide. CIBC also offers a wide range of insurance products and services, including life insurance, health insurance, and car insurance. In addition, the bank also offers investment funds to support its customers in achieving their financial goals and dreams. Furthermore, the products include a variety of credit card options tailored to the specific needs of customers. Overall, the Canadian Imperial Bank of Commerce is an important player in the Canadian financial market. With its broad range of products and customer-oriented approach, the bank has established a strong position in the market. In addition, its strong presence throughout the country ensures its customer base and market share. The bank's history dates back over 150 years, and it has long been a key player in the Canadian economy and financial industry. Canadian Imperial Bank of Commerce ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Canadian Imperial Bank of Commerce's P/E Ratio

The Price to Earnings (P/E) Ratio of Canadian Imperial Bank of Commerce is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Canadian Imperial Bank of Commerce's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Canadian Imperial Bank of Commerce is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Canadian Imperial Bank of Commerce’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Canadian Imperial Bank of Commerce Stock

What is the price-to-earnings ratio of Canadian Imperial Bank of Commerce?

The price-earnings ratio of Canadian Imperial Bank of Commerce is currently 9.27.

How has the price-earnings ratio of Canadian Imperial Bank of Commerce changed compared to last year?

The price-to-earnings ratio of Canadian Imperial Bank of Commerce has increased by -13.61% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Canadian Imperial Bank of Commerce high compared to other companies?

Yes, the price-to-earnings ratio of Canadian Imperial Bank of Commerce is high compared to other companies.

How does an increase in the price-earnings ratio of Canadian Imperial Bank of Commerce affect the company?

An increase in the price-earnings ratio of Canadian Imperial Bank of Commerce would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Canadian Imperial Bank of Commerce affect the company?

A decrease in the price-earnings ratio of Canadian Imperial Bank of Commerce would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Canadian Imperial Bank of Commerce?

Some factors that influence the price-earnings ratio of Canadian Imperial Bank of Commerce are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Canadian Imperial Bank of Commerce pay?

Over the past 12 months, Canadian Imperial Bank of Commerce paid a dividend of 3.49 CAD . This corresponds to a dividend yield of about 5.31 %. For the coming 12 months, Canadian Imperial Bank of Commerce is expected to pay a dividend of 3.65 CAD.

What is the dividend yield of Canadian Imperial Bank of Commerce?

The current dividend yield of Canadian Imperial Bank of Commerce is 5.31 %.

When does Canadian Imperial Bank of Commerce pay dividends?

Canadian Imperial Bank of Commerce pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Canadian Imperial Bank of Commerce?

Canadian Imperial Bank of Commerce paid dividends every year for the past 0 years.

What is the dividend of Canadian Imperial Bank of Commerce?

For the upcoming 12 months, dividends amounting to 3.65 CAD are expected. This corresponds to a dividend yield of 5.55 %.

In which sector is Canadian Imperial Bank of Commerce located?

Canadian Imperial Bank of Commerce is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Canadian Imperial Bank of Commerce kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canadian Imperial Bank of Commerce from 4/29/2024 amounting to 0.9 CAD, you needed to have the stock in your portfolio before the ex-date on 3/27/2024.

When did Canadian Imperial Bank of Commerce pay the last dividend?

The last dividend was paid out on 4/29/2024.

What was the dividend of Canadian Imperial Bank of Commerce in the year 2023?

In the year 2023, Canadian Imperial Bank of Commerce distributed 3.315 CAD as dividends.

In which currency does Canadian Imperial Bank of Commerce pay out the dividend?

The dividends of Canadian Imperial Bank of Commerce are distributed in CAD.

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Andere Kennzahlen von Canadian Imperial Bank of Commerce

Our stock analysis for Canadian Imperial Bank of Commerce Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Canadian Imperial Bank of Commerce Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.