CM (Canadian Imperial Bank of Commerce) PEG Ratio: 2.06 (As of Jun. 26, 2026) — 100% Above Median


CM Canadian Imperial Bank of Commerce CM
71 GF Score
Price $113.76
GF Value $78.31
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Canadian Imperial Bank of Commerce PEG Ratio?

Canadian Imperial Bank of Commerce CM -0.53% 71 PEG Ratio is 2.06 as of Jun. 26, 2026, which is 100% above its 10-year median of 1.03. GuruFocus rates CM with a GF Score™ of 71/100 and a GF Value™ of $78.31 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,229 Banks companies, Canadian Imperial Bank of Commerce ranks worse than 62.49% on this metric.

PE Ratio without NRI / 5-Year Book Value Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, Canadian Imperial Bank of Commerce's PE Ratio without NRI is 16.25. Canadian Imperial Bank of Commerce's 5-Year Book Value growth rate is 7.90%. Therefore, Canadian Imperial Bank of Commerce's PEG Ratio for today is 2.06.

* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Canadian Imperial Bank of Commerce's PEG Ratio or its related term are showing as below:

CM' s PEG Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.03   Max: 2.17
Current: 2.06


During the past 13 years, Canadian Imperial Bank of Commerce's highest PEG Ratio was 2.17. The lowest was 0.48. And the median was 1.03.


CM's PEG Ratio is ranked worse than
62.49% of 1229 companies
in the Banks industry
Industry Median: 1.52 vs CM: 2.06

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Canadian Imperial Bank of Commerce  (NYSE:CM) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Canadian Imperial Bank of Commerce PEG Ratio Related Terms


Canadian Imperial Bank of Commerce PEG Ratio Historical Data

* Premium members only.

The historical data trend for Canadian Imperial Bank of Commerce's PEG Ratio 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 PEG Ratio Chart

Canadian Imperial Bank of Commerce Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.09 1.04 1.68 1.75

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
PEG Ratio 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 1.45 1.56 1.75 1.77 2.03

CM vs JPM, BAC, WFC: PEG Ratio Comparison

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

For the Banks industry and Financial Services sector, Canadian Imperial Bank of Commerce's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Imperial Bank of Commerce's PEG Ratio falls into.


CM
71GF Score
Canadian Imperial Bank of Commerce CM
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Imperial Bank of Commerce PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year Book Value growth rate.

Canadian Imperial Bank of Commerce's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=16.246786632391/7.90
=2.06

* 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.

* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 2.06 mean?
Canadian Imperial Bank of Commerce (CM) has a PEG Ratio of 2.06 as of Jun. 26, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Canadian Imperial Bank of Commerce and its competitors. This is 100% above median its historical median of 1.03. Over the past decade, Canadian Imperial Bank of Commerce's PEG Ratio has ranged from 0.48 to 2.17. According to the industry distribution chart, Canadian Imperial Bank of Commerce ranks #768 out of 1229 companies in the Banks industry, placing it in the top 62.5%.
Is Canadian Imperial Bank of Commerce's PEG Ratio too high?
Canadian Imperial Bank of Commerce's current PEG Ratio of 2.06 is 100% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 2.17. The Banks industry median PEG Ratio is 1.52. Canadian Imperial Bank of Commerce's value of 2.06 is 35.5% above this industry median. Based on the distribution chart, Canadian Imperial Bank of Commerce ranks #768 out of 1229 companies in the Banks industry, which is below the industry midpoint. 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 PEG Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Canadian Imperial Bank of Commerce ranks #768 out of 1229 companies for PEG Ratio. This places Canadian Imperial Bank of Commerce in the lower half of its industry. The industry median PEG Ratio is 1.52. Canadian Imperial Bank of Commerce's value of 2.06 is 35.5% above this benchmark. Historically, Canadian Imperial Bank of Commerce's own PEG Ratio has ranged from 0.48 to 2.17 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.52, 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 PEG Ratio for a Banks company?
The median PEG Ratio among Banks companies is 1.52, based on 1,229 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Imperial Bank of Commerce's current PEG Ratio of 2.06 is 35.5% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Canadian Imperial Bank of Commerce and its competitors. For the Banks industry, the median PEG Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Imperial Bank of Commerce's current PEG Ratio is 2.06, which is 100% above median its own 10-year median of 1.03. 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 $78.31, compared to a current price of $113.76 — trading 45.3% above its estimated fair value. The current PEG Ratio is 2.06, which is 100% above median its 10-year median of 1.03 and 35.5% above the Banks industry median of 1.52. 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 PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Canadian Imperial Bank of Commerce (CM), the current PEG Ratio is 2.06 as of Jun. 26, 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 $113.76 is trading 45.3% above its estimated GF Value™ of $78.31. GuruFocus considers Canadian Imperial Bank of Commerce to be Significantly Overvalued.

Key valuation signals for CM:

  • PEG Ratio: 2.06 (100% above median its 10-year median of 1.03)
  • GF Value™: $78.31 vs. price of $113.76 (45.3% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 35.5% above the Banks median (#768 of 1229)

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

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

$113.76
Price
$78.31
GF Value