CM (Canadian Imperial Bank of Commerce) EV-to-OCF: 19.96 (As of Aug. 05, 2026) — 93% Above Median

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CM Canadian Imperial Bank of Commerce CM
71 GF Score
Price $117.95
GF Value $78.38
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Canadian Imperial Bank of Commerce EV-to-OCF?

Canadian Imperial Bank of Commerce CM -1.11% 71 EV-to-OCF is 19.96 as of Aug. 05, 2026, which is 93% above its 10-year median of 10.32. GuruFocus rates CM with a GF Score™ of 71/100 and a GF Value™ of $78.38 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,499 Banks companies, Canadian Imperial Bank of Commerce ranks worse than 86.99% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Canadian Imperial Bank of Commerce's Enterprise Value is $228,385 Mil. Canadian Imperial Bank of Commerce's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $11,441 Mil. Therefore, Canadian Imperial Bank of Commerce's EV-to-OCF for today is 19.96.

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

CM' s EV-to-OCF Range Over the Past 10 Years
Min: -85.73   Med: 10.32   Max: 959.93
Current: 19.96

During the past 13 years, the highest EV-to-OCF of Canadian Imperial Bank of Commerce was 959.93. The lowest was -85.73. And the median was 10.32.

CM's EV-to-OCF is ranked worse than
86.99% of 1499 companies
in the Banks industry
Industry Median: 4 vs CM: 19.96

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-05), Canadian Imperial Bank of Commerce's stock price is $117.95. Canadian Imperial Bank of Commerce's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $7.313. Therefore, Canadian Imperial Bank of Commerce's PE Ratio (TTM) for today is 16.13.


Canadian Imperial Bank of Commerce  (NYSE:CM) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Canadian Imperial Bank of Commerce's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=117.95/7.313
=16.13

Canadian Imperial Bank of Commerce's share price for today is $117.95.
Canadian Imperial Bank of Commerce's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.313.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Canadian Imperial Bank of Commerce EV-to-OCF Related Terms


Canadian Imperial Bank of Commerce EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Canadian Imperial Bank of Commerce's EV-to-OCF 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.

Canadian Imperial Bank of Commerce EV-to-OCF Chart

Canadian Imperial Bank of Commerce Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -50.15 7.72 14.98 21.62 20.55

Canadian Imperial Bank of Commerce Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EV-to-OCF Get a 7-Day Free Trial 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 10.69 15.47 20.55 888.62 19.78

CM vs JPM, BAC, WFC: EV-to-OCF Comparison

For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Banks Industry

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

* The bar in red indicates where Canadian Imperial Bank of Commerce's EV-to-OCF falls into.


CM
71GF Score
Canadian Imperial Bank of Commerce CM
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Imperial Bank of Commerce EV-to-OCF Calculation

Canadian Imperial Bank of Commerce's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=228384.629/11440.616
=19.96

Canadian Imperial Bank of Commerce's current Enterprise Value is $228,385 Mil.
Canadian Imperial Bank of Commerce's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,441 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 19.96 mean?
Canadian Imperial Bank of Commerce (CM) has a EV-to-OCF of 19.96 as of Aug. 05, 2026. This is 93% above median its historical median of 10.32. According to the industry distribution chart, Canadian Imperial Bank of Commerce ranks #1304 out of 1499 companies in the Banks industry, placing it in the top 87%.
Is Canadian Imperial Bank of Commerce's EV-to-OCF too high?
Canadian Imperial Bank of Commerce's current EV-to-OCF of 19.96 is 93% above median its 10-year median of 10.32. The Banks industry median EV-to-OCF is 4.00. Canadian Imperial Bank of Commerce's value of 19.96 is 399% above this industry median. Based on the distribution chart, Canadian Imperial Bank of Commerce ranks #1304 out of 1499 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Canadian Imperial Bank of Commerce has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Imperial Bank of Commerce's EV-to-OCF compare to JPM and BAC?
According to the Banks industry distribution chart, Canadian Imperial Bank of Commerce ranks #1304 out of 1499 companies for EV-to-OCF. This places Canadian Imperial Bank of Commerce in the lower half of its industry. The industry median EV-to-OCF is 4.00. Canadian Imperial Bank of Commerce's value of 19.96 is 399% above this benchmark. While the company's 10-year median is 10.32 vs. the industry median of 4.00, Canadian Imperial Bank of Commerce has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Banks company?
The median EV-to-OCF among Banks companies is 4.00, based on 1,499 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Imperial Bank of Commerce's current EV-to-OCF of 19.96 is 399% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Banks industry, the median EV-to-OCF is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Imperial Bank of Commerce's current EV-to-OCF is 19.96, which is 93% above median its own 10-year median of 10.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Imperial Bank of Commerce stock overvalued right now?
Based on GuruFocus' analysis, Canadian Imperial Bank of Commerce (CM) is currently considered Significantly Overvalued. The stock's GF Value™ is $78.38, compared to a current price of $117.95 — trading 50.5% above its estimated fair value. The current EV-to-OCF is 19.96, which is 93% above median its 10-year median of 10.32 and 399% above the Banks industry median of 4.00. Canadian Imperial Bank of Commerce's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Canadian Imperial Bank of Commerce (CM), the current EV-to-OCF is 19.96 as of Aug. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canadian Imperial Bank of Commerce (CM) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Imperial Bank of Commerce stock appears to be overvalued. The current stock price of $117.95 is trading 50.5% above its estimated GF Value™ of $78.38. GuruFocus considers Canadian Imperial Bank of Commerce to be Significantly Overvalued.

Key valuation signals for CM:

  • EV-to-OCF: 19.96 (93% above median its 10-year median of 10.32)
  • GF Value™: $78.38 vs. price of $117.95 (50.5% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 399% above the Banks median (#1304 of 1499)

No single metric tells the full story. See the CM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 with over CAD 1.1 trillion in assets at the end of fiscal 2025. It operates four business segments: Canadian retail and business banking, Canadian commercial banking and wealth management, US commercial banking and wealth management, and capital markets. It serves approximately 14 million personal banking and business customers, primarily in Canada and the US.
71GF Score

Get the complete analysis for CM

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$117.95
Price
$78.38
GF Value