Price to Earning ratio Analysis of Cummins Inc - Deep Dive


Latest FY PE
Period Ending - Dec-23

13.60


Very Good PE
Period Ending - Dec-22
18.46

Indecisive PE
Growth
-26.35 %
Trailing Twelve Months PE
Period Ending - Dec-23

19.60


Indecisive PE
PE Analysis of Cummins Inc
PE Ratio of CMI drastically fell by -26.35 % this year.
PE Ratio with value of 22.19 was highest in Year Dec-20 in last Five Years.
PE Ratio of CMI trending down for at least three Years.
Latest PE Ratio with value of 13.60 is lower than Average PE of 18.26 in last five years.
Other PE Related Info of CMI that may interest you.
Cummins Inc Overview
CodePricePrevious PricePrice ChangeSector
CMI266.48270.38 1.44 % Specialty Industrial Machinery
Fundamental AnalysisTechnical Analysis
Defination of Price to Earning
PE Ratio measures the relationship between the company's current stock price and EPS (Earnings Per Share). PE Ratio indicates how many times investors pay money to get 1 rupee of return. It is one of the important parameters to evaluate whether a company's stock price is overvalued or undervalued.    more ..
Price to Earning Formula

PE Related Ratios
PriceToSalesRatioPriceToBookRatioPriceToCashFlowRatio

Tsr Value Index
No Significant Value
FY - Historical Price to Earning of Cummins Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
PE13.6018.4618.6322.1918.4120.2644.63
Change-26.35 %-0.930 %-16.05 %20.58 %-9.16 %-54.59 %37.89 %
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FY Chart of Price to Earning of Cummins Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)