Cummins India Ltd
₹4860
(2.10%)
Fri, 09 Oct 2026, 08:51 am
Producer Manufacturing
Auto Parts: OEM
24.5KCummins India PE Ratio
| Particulars | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings ratio | 25.60 | 19.58 | 19.37 | 7.94 | 22.91 | 22.93 | 23.29 | 18.03 | 27.53 | 30.95 | 32.37 | 35.69 | 27.30 | 27.81 | 12.79 | 40.14 | 33.36 | 36.77 | 48.46 | 42.27 |
| Price to book ratio | 5.51 | 5.14 | 5.10 | 2.47 | 6.51 | 7.50 | 6.74 | 5.77 | 6.44 | 8.43 | 6.47 | 6.79 | 4.72 | 4.82 | 2.05 | 5.48 | 6.06 | 7.84 | 12.61 | 11.18 |
| Price to sales ratio | 2.60 | 2.43 | 2.34 | 1.04 | 3.57 | 3.47 | 3.42 | 3.08 | 4.24 | 5.63 | 4.95 | 5.20 | 3.85 | 3.66 | 1.75 | 5.87 | 5.07 | 5.83 | 9.30 | 8.17 |
| Price to cash flow ratio | 26.73 | 22.39 | 20.39 | 14.20 | 16.07 | 28.38 | 27.82 | 22.72 | 35.06 | 39.49 | 27.84 | 30.88 | 26.47 | 32.51 | 12.46 | 27.89 | 38.61 | 45.50 | 52.84 | 41.68 |
| Enterprise value | 4731Cr | 5225Cr | 6302Cr | 3654Cr | 10122Cr | 13469Cr | 13027Cr | 12851Cr | 15988Cr | 23814Cr | 22970Cr | 25726Cr | 18716Cr | 19715Cr | 8149Cr | 24156Cr | 29358Cr | 43096Cr | 80818Cr | 81131Cr |
| Enterprise value to EBITDA ratio | 18.77 | 15.04 | 16.95 | 6.91 | 19.14 | 20.13 | 20.32 | 17.01 | 24.73 | 34.58 | 27.52 | 31.50 | 26.88 | 23.90 | 14.61 | 40.39 | 33.81 | 34.87 | 46.28 | 39.51 |
| Debt to equity ratio | 0.05 | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0.07 | 0.06 | 0.07 | 0.12 | 0.01 | 0.08 | 0.07 | 0.02 | 0 |
| Return on equity % | 22.72 | 28.61 | 28.82 | 34.05 | 29.14 | 35.10 | 30.72 | 34.50 | 24.23 | 28.83 | 22.21 | 20.44 | 17.82 | 17.68 | 16.25 | 14.03 | 19.06 | 22.53 | 27.82 | 28.22 |
Cummins India Ltd Price to Earnings Ratio
The Cummins India Ltd Price to Earnings Ratio is a key financial metric used by investors to evaluate Cummins India Ltd's valuation, profitability, and overall financial performance. Tracking the Cummins India Ltd Price to Earnings Ratio helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.
Cummins India Ltd (NSE: CUMMINSIND, BSE: 500480) is currently trading at ₹4860, with a market capitalization of ₹134709.5Cr. As a leading company in the Producer manufacturing sector and Auto parts: OEM industry, monitoring the Cummins India Ltd Price to Earnings Ratio is essential for fundamental analysis.
Cummins India Ltd Price to Earnings Ratio Current Value
The current Cummins India Ltd Price to Earnings Ratio stands at 42.27.
The Cummins India Ltd Price to Earnings Ratio has declined compared to earlier levels, suggesting improved fundamentals or more attractive valuation.
Cummins India Ltd Price to Earnings Ratio Historical Trend
The Cummins India Ltd Price to Earnings Ratio has shown the following historical trend:
- 2024: 42.27
- 2023: 48.46
- 2022: 36.77
- 2021: 33.36
- 2020: 40.14
The decline in Cummins India Ltd Price to Earnings Ratio indicates improving financial efficiency or better earnings growth.
What Cummins India Ltd Price to Earnings Ratio Indicates for Investors
The Cummins India Ltd Price to Earnings Ratio plays a crucial role in understanding the company's financial health and valuation.
A higher P/E ratio indicates investors expect strong future earnings growth, while a lower ratio may signal undervaluation.
Cummins India Ltd Price to Earnings Ratio Analysis Summary
The Cummins India Ltd Price to Earnings Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Cummins India Ltd Price to Earnings Ratio should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.
Regular tracking of Cummins India Ltd Price to Earnings Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.
