CMI
Price:
$353.85
Market Cap:
$48.54B
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium du...[Read more]
Industry
Industrial - Machinery
IPO Date
1947-10-03
Stock Exchange
NYSE
Ticker
CMI
According to Cummins Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 23.17. This represents a change of 258.33% compared to the average of 6.47 of the last 4 quarters.
The mean historical PE Ratio of Cummins Inc. over the last ten years is 19.13. The current 23.17 PE Ratio has changed 12.01% with respect to the historical average. Over the past ten years (40 quarters), CMI's PE Ratio was at its highest in in the December 2015 quarter at 23.98. The PE Ratio was at its lowest in in the December 2017 quarter at -26.66.
Average
19.13
Median
15.95
Minimum
10.12
Maximum
46.19
Discovering the peaks and valleys of Cummins Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 189.78%
Maximum Annual PE Ratio = 46.19
Minimum Annual Increase = -65.63%
Minimum Annual PE Ratio = 10.12
Year | PE Ratio | Change |
---|---|---|
2023 | 46.19 | 189.78% |
2022 | 15.94 | 7.68% |
2021 | 14.80 | -21.32% |
2020 | 18.81 | 52.88% |
2019 | 12.31 | 21.54% |
2018 | 10.12 | -65.63% |
2017 | 29.46 | 77.79% |
2016 | 16.57 | 47.97% |
2015 | 11.20 | -29.81% |
2014 | 15.95 | -10.25% |
The current PE Ratio of Cummins Inc. (CMI) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
25.64
5-year avg
21.61
10-year avg
19.13
Cummins Inc.’s PE Ratio is greater than Illinois Tool Works Inc. (22.21), greater than Dover Corporation (16.77), less than Eaton Corporation plc (35.99), less than Parker-Hannifin Corporation (29.03), less than Emerson Electric Co. (36.57), less than Rockwell Automation, Inc. (34.79), less than Ingersoll Rand Inc. (44.44), less than Pentair plc (25.41), greater than A. O. Smith Corporation (17.87),
Company | PE Ratio | Market cap |
---|---|---|
22.21 | $76.53B | |
16.77 | $26.11B | |
35.99 | $134.98B | |
29.03 | $84.00B | |
36.57 | $71.89B | |
34.79 | $32.99B | |
44.44 | $37.22B | |
25.41 | $16.91B | |
17.87 | $10.05B |
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