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Canadian Imperial Bank of Commerce CM

US equityMarket cap rank #156Banks - Diversified
$111.55
+$0.10 (+0.09%)
Market open · Sep 24, 2:00 pm ET
After hours $111.45 0.00%
Open$111.11
Prev close$111.45
Day range$110.42 – $112.17
Volume428.6K
Market cap$101.82B
P/E (TTM)15.1
Dividend yield2.67%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings15.3x
CheapRich

Near the top of its 5-year range · 92nd percentile, 5-year average 11.7x

#1142 of 2974 stocks by PE (1 = cheapest)

Price / book2.5x
CheapRich

Near the top of its 5-year range · 95th percentile, 5-year average 1.5x

#3262 of 5302 stocks by PB (1 = cheapest)

Price / sales4.5x
CheapRich

Near the top of its 5-year range · 93rd percentile, 5-year average 3.1x

#3703 of 5139 stocks by PS (1 = cheapest)

P/E over five years

7x10x14x18xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$106.00
Price vs. fair value+5.2%Trading above the estimate
Star rating★★☆☆☆
Economic moatNarrow
UncertaintyLow
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 2.46 1.53 95% (pricier than usual) #3262 of 5302 (1 = cheapest)
PE 15.28 11.66 92% (pricier than usual) #1142 of 2974 (1 = cheapest)
PS 4.49 3.11 93% (pricier than usual) #3703 of 5139 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★
Fair value estimate$106.00
Economic moatNarrow
UncertaintyLow
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