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Canadian Imperial Bank of Commerce(CM-T)
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Canadian Imperial Bank: Top 10 Undervalued Banks Industry Stocks on TSE (CM)

The Globe and Mail - Wed Sep 14, 7:01AM CDT
Industry Group

Canadian Imperial Bank is now ranked among the top 10 undervalued stocks in the Banks industry on the Toronto Stock Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below).

All data provided as-at market close September 12, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Canadian Imperial Bank Canadian Imperial Bank of Commerce is a Canadian-based financial institution. The company serves its clients through retail and business banking, wealth management and wholesale banking. Canadian Imperial Bank is listed under CM on the Toronto Stock Exchange.

Symbol

Name

Close Price

Shares Outstanding

P/E

P/B

Cash per Share

Net Cash per Share

TD-TToronto-Dominion Bank000000
BNS-TBank of Nova Scotia000000
RY-TRoyal Bank of Canada000000
BMO-TBank of Montreal000000
NA-TNational Bank of Canada000000
CM-TCanadian Imperial Bank000000

More about Canadian Imperial Bank

Banks: Stocks in this category are held primarily for capital appreciation.

Artificial intelligence at Report on Business

Artificial Intelligence at Report on Business Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.