China Merchants Bank (CIHKY)
(Delayed Data from OTC)
$23.44 USD
-0.42 (-1.76%)
Updated Nov 15, 2024 03:52 PM ET
NA Value
NA Growth NA Momentum NA VGMFundamental Charts
About Price to Cash Flow
The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. In contrast, the net income that goes into the earnings portion of the P/E ratio does not add these in, thus artificially reducing the income and skewing the P/E ratio. Like the P/E ratio, a lower number is considered better. A value under 20 is generally considered good.
CIHKY 23.44 -0.42(-1.76%)
Will CIHKY be a Portfolio Killer in November?
Zacks Investment Research is releasing its prediction for CIHKY based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for CIHKY
China Merchants Bank Reports Mixed Q3 2024 Performance
Japanese Megabanks' Implied Upside Surges After Share Prices Drop
China Merchants Bank Co., Ltd. (CIHKY) Q2 2024 Earnings Call Transcript