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Canadian Imperial Bank of Commerce (Canadian Imperial Bank of Commerce) Price-to-Free-Cash-Flow

: 8.54 (As of Today)
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As of today (2024-04-19), Canadian Imperial Bank of Commerce's share price is $47.57. Canadian Imperial Bank of Commerce's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $5.57. Hence, Canadian Imperial Bank of Commerce's Price-to-Free-Cash-Flow Ratio for today is 8.54.

The historical rank and industry rank for Canadian Imperial Bank of Commerce's Price-to-Free-Cash-Flow or its related term are showing as below:

CM' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 0.6   Med: 3.95   Max: 85.2
Current: 8.3

During the past 13 years, Canadian Imperial Bank of Commerce's highest Price-to-Free-Cash-Flow Ratio was 85.20. The lowest was 0.60. And the median was 3.95.

CM's Price-to-Free-Cash-Flow is ranked worse than
64.65% of 990 companies
in the Banks industry
Industry Median: 6.48 vs CM: 8.30

Canadian Imperial Bank of Commerce's Free Cash Flow per Share for the three months ended in Jan. 2024 was $-3.20. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $5.57.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Canadian Imperial Bank of Commerce was -68.50% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -43.50% per year.

During the past 13 years, Canadian Imperial Bank of Commerce's highest 3-Year average Free Cash Flow per Share Growth Rate was 182.90% per year. The lowest was -63.10% per year. And the median was 15.80% per year.


Canadian Imperial Bank of Commerce Price-to-Free-Cash-Flow Historical Data

The historical data trend for Canadian Imperial Bank of Commerce's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian Imperial Bank of Commerce Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.72 0.74 - 2.59 4.02

Canadian Imperial Bank of Commerce Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Price-to-Free-Cash-Flow Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.43 2.32 6.71 4.02 7.70

Competitive Comparison

For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Imperial Bank of Commerce Price-to-Free-Cash-Flow Distribution

For the Banks industry and Financial Services sector, Canadian Imperial Bank of Commerce's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Canadian Imperial Bank of Commerce's Price-to-Free-Cash-Flow falls into.



Canadian Imperial Bank of Commerce Price-to-Free-Cash-Flow Calculation

Canadian Imperial Bank of Commerce's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=47.57/5.572
=8.54

Canadian Imperial Bank of Commerce's Share Price of today is $47.57.
Canadian Imperial Bank of Commerce's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.57.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Canadian Imperial Bank of Commerce  (NYSE:CM) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Canadian Imperial Bank of Commerce Price-to-Free-Cash-Flow Related Terms

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Canadian Imperial Bank of Commerce (Canadian Imperial Bank of Commerce) Business Description

Address
81 Bay Street, CIBC Square, Toronto, ON, CAN, M5J 0E7
Canadian Imperial Bank of Commerce is Canada's fifth-largest bank and operates three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.