Industrial & Commercial Bank of China (IDCBY)
(Delayed Data from OTC)
$10.71 USD
+0.09 (0.85%)
Updated Apr 30, 2024 10:45 AM 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.
IDCBY 10.71 +0.09(0.85%)
Will IDCBY be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for IDCBY based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for IDCBY
Property Developer Debt Collection Enters New Phase With Shimao Liquidation
Retired chair of Chinese state-owned Everbright Group indicted on bribery charges
Industrial and Commercial Bank of China reports FY results
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Q3 2023 Industrial and Commercial Bank of China Ltd Earnings Call Transcript