Cummins
CMI
$228.46
Share price
-1.23%
Change (1 day)
9.00%
Change (1 year)
Categories
Cummins Inc. is an American manufacturer of diesel and gas engines.
Cummins (CMI) - P/B ratio
P/B ratio as of October 2023 : 2.85
According to Cummins
's latest financial reports the company has a price-to-book ratio of 2.85.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Cummins - P/B ratio (from 2001 to 2022)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2022-12-31 | 3.34 | 0.69% |
| 2021-12-31 | 3.32 | -11.24% |
| 2020-12-31 | 3.74 | 17.37% |
| 2019-12-31 | 3.19 | 24.62% |
| 2018-12-31 | 2.56 | -28.8% |
| 2017-12-31 | 3.59 | 12.02% |
| 2016-12-31 | 3.21 | 61.13% |
| 2015-12-31 | 1.99 | -38.7% |
| 2014-12-31 | 3.25 | -2.95% |
| 2013-12-31 | 3.34 | 13.41% |
| 2012-12-31 | 2.95 | 1.29% |
| 2011-12-31 | 2.91 | -33.16% |
| 2010-12-31 | 4.36 | 89.66% |
| 2009-12-31 | 2.30 | 48.47% |
| 2008-12-31 | 1.55 | -55.53% |
| 2007-12-31 | 3.48 | 72.64% |
| 2006-12-31 | 2.01 | 0.87% |
| 2005-12-31 | 2.00 | -16.62% |
| 2004-12-31 | 2.40 | 22.88% |
| 2003-12-31 | 1.95 | 55.42% |
| 2002-12-31 | 1.25 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 BorgWarner BWA | 1.22 | -57.20% | 🇺🇸 USA |
 Caterpillar CAT | 7.72 | 170.96% | 🇺🇸 USA |
 General Electric GE | 3.72 | 30.45% | 🇺🇸 USA |
 Paccar PCAR | 2.95 | 3.44% | 🇺🇸 USA |
 CNH Industrial
CNHI | 2.11 | -25.95% | 🇬🇧 UK |