CIBC
CM
#325
Rank
ยฃ48.29 B
Marketcap
ยฃ51.24
Share price
0.17%
Change (1 day)
33.08%
Change (1 year)

P/E ratio for CIBC (CM)

P/E ratio as of December 2024 (TTM): 17.7

According to CIBC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.6979. At the end of 2022 the company had a P/E ratio of 7.82.

P/E ratio history for CIBC from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.82-24.99%
202110.4-24.91%
202013.941.6%
20199.8019.91%
20188.17-27.06%
201711.211.46%
201610.16.95%
20159.40-22.36%
201412.112.53%
201310.85.33%
201210.2-1.5%
201110.4-24.27%
201013.7-48.4%
200926.5-501.09%
2008-6.62-181.03%
20078.17-35.21%
200612.6-109.52%
2005-132-1039.17%
200414.18.89%
200313.0-51.18%
200226.5136.85%
200111.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.19-48.09%๐Ÿ‡จ๐Ÿ‡ฆ Canada
15.7-11.44%๐Ÿ‡จ๐Ÿ‡ฆ Canada
13.0-26.63%๐Ÿ‡จ๐Ÿ‡ฆ Canada
11.2-36.80%๐Ÿ‡จ๐Ÿ‡ฆ Canada
18.0 1.93%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1-42.66%๐Ÿ‡บ๐Ÿ‡ธ USA
15.1-14.65%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.