Canadian Historical Financial Ratios
| CM Stock | USD 47.54 0.48 1.00% |
Canadian Imperial is presently reporting on over 122 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.034 or PTB Ratio of 1.86 will help investors to properly organize and evaluate Canadian Imperial Bank financial condition quickly.
Canadian |
About Canadian Financial Ratios Analysis
Canadian Imperial BankFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Canadian Imperial investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Canadian financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Canadian Imperial history.
Canadian Imperial Financial Ratios Chart
Canadian Imperial Bank financial ratios usually calculated using numerical values taken directly from Canadian Imperial financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Canadian Imperial. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, Canadian Imperial's Stock Based Compensation To Revenue is very stable compared to the past year. As of the 24th of April 2024, PB Ratio is likely to grow to 1.86, while Days Sales Outstanding is likely to drop 151.74. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Canadian Imperial Bank stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Canadian Imperial sales, a figure that is much harder to manipulate than other Canadian Imperial Bank multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Canadian Imperial Bank dividend as a percentage of Canadian Imperial stock price. Canadian Imperial Bank dividend yield is a measure of Canadian Imperial stock productivity, which can be interpreted as interest rate earned on an Canadian Imperial investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Canadian Imperial's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Canadian Imperial Bank current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, Canadian Imperial's Stock Based Compensation To Revenue is very stable compared to the past year. As of the 24th of April 2024, PB Ratio is likely to grow to 1.86, while Days Sales Outstanding is likely to drop 151.74.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0532 | 0.0505 | 0.0455 | 0.034 | Price To Sales Ratio | 2.57 | 1.92 | 1.73 | 1.99 |
Canadian Imperial fundamentals Correlations
Click cells to compare fundamentals
Canadian Imperial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canadian Imperial fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 2.37 | 3.39 | 2.57 | 1.92 | 1.73 | 1.99 | |
| Dividend Yield | 0.0581 | 0.0391 | 0.0532 | 0.0505 | 0.0455 | 0.034 | |
| Ptb Ratio | 1.08 | 1.48 | 1.11 | 0.84 | 0.97 | 1.86 | |
| Days Sales Outstanding | 175.73 | 190.27 | 331.34 | 218.28 | 196.45 | 151.74 | |
| Book Value Per Share | 46.2 | 50.84 | 55.55 | 57.86 | 52.08 | 54.68 | |
| Free Cash Flow Yield | 0.37 | 1.36 | (0.0616) | 0.39 | 0.22 | 0.24 | |
| Invested Capital | 2.69 | 3.6 | 3.74 | 3.67 | 3.3 | 3.47 | |
| Operating Cash Flow Per Share | 67.68 | (3.71) | 25.15 | 13.27 | 11.95 | 12.54 | |
| Stock Based Compensation To Revenue | 8.66E-4 | 7.5E-4 | 9.52E-4 | 0.001103 | 5.02E-4 | 5.27E-4 | |
| Capex To Depreciation | (0.24) | (0.82) | (1.06) | (0.89) | (0.8) | (0.84) | |
| Pb Ratio | 1.08 | 1.48 | 1.11 | 0.84 | 0.97 | 1.86 | |
| Ev To Sales | 1.48 | 8.15 | 7.81 | 7.56 | 6.8 | 7.14 | |
| Free Cash Flow Per Share | 67.33 | (4.65) | 23.92 | 12.17 | 10.95 | 11.5 | |
| Roic | 0.0249 | 0.0307 | 0.0576 | 0.0202 | 0.0233 | 0.0221 | |
| Net Income Per Share | 4.25 | 7.16 | 6.89 | 5.46 | 4.91 | 2.56 | |
| Capex To Revenue | (0.0166) | (0.042) | (0.051) | (0.0435) | (0.0392) | (0.0411) | |
| Cash Per Share | 131.41 | 98.17 | 102.64 | 87.94 | 79.14 | 83.1 | |
| Pocfratio | 0.73 | (20.33) | 2.46 | 3.68 | 3.31 | 3.48 | |
| Interest Coverage | 0.75 | 2.53 | 1.83 | 0.22 | 0.19 | 0.18 | |
| Capex To Operating Cash Flow | (0.005125) | 0.25 | (0.0488) | (0.0834) | (0.0751) | (0.0713) | |
| Pfcf Ratio | 0.74 | (16.24) | 2.59 | 4.02 | 4.62 | 3.99 | |
| Income Quality | 3.64 | 15.9 | (0.52) | 2.41 | 2.17 | 1.56 | |
| Roe | 0.0921 | 0.14 | 0.12 | 0.0943 | 0.0849 | 0.1 | |
| Ev To Operating Cash Flow | 0.46 | (48.82) | 7.49 | 14.49 | 16.66 | 17.49 | |
| Pe Ratio | 11.68 | 10.54 | 8.99 | 8.96 | 8.06 | 8.47 | |
| Return On Tangible Assets | 0.004972 | 0.007739 | 0.006648 | 0.005163 | 0.004646 | 0.004961 | |
| Ev To Free Cash Flow | 0.46 | (39.0) | 7.87 | 15.81 | 18.18 | 19.09 | |
| Intangibles To Total Assets | 0.009374 | 0.008338 | 0.008415 | 0.00837 | 0.007533 | 0.005042 | |
| Net Debt To E B I T D A | (2.69) | 10.18 | 6.16 | 16.28 | 14.65 | 15.38 | |
| Current Ratio | 1.71 | 1.16 | 0.22 | 1.04 | 0.94 | 0.63 | |
| Tangible Book Value Per Share | 38.3 | 43.26 | 46.98 | 49.2 | 44.28 | 46.49 | |
| Receivables Turnover | 1.7 | 1.55 | 2.08 | 1.92 | 1.1 | 1.67 | |
| Graham Number | 66.5 | 90.5 | 92.77 | 84.27 | 75.85 | 79.64 |
Pair Trading with Canadian Imperial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Imperial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Imperial will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Stock
| 0.88 | C | Citigroup Earnings Call This Week | PairCorr |
| 0.91 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.77 | RY | Royal Bank Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Canadian Imperial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Imperial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Imperial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Imperial Bank to buy it.
The correlation of Canadian Imperial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Imperial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Imperial Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Imperial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Canadian Stock analysis
When running Canadian Imperial's price analysis, check to measure Canadian Imperial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Imperial is operating at the current time. Most of Canadian Imperial's value examination focuses on studying past and present price action to predict the probability of Canadian Imperial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Imperial's price. Additionally, you may evaluate how the addition of Canadian Imperial to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is Canadian Imperial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Imperial. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Imperial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.559 | Dividend Share 3.49 | Earnings Share 4.76 | Revenue Per Share 23.121 | Return On Assets 0.0067 |
The market value of Canadian Imperial Bank is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Imperial's value that differs from its market value or its book value, called intrinsic value, which is Canadian Imperial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Imperial's market value can be influenced by many factors that don't directly affect Canadian Imperial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Imperial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Imperial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Imperial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.