Cummins P/B Ratio
Cummins P/B ratio. Cummins (CUMMINSIND) P/B ratio is 15.57 (High), book value per share ₹1540.91 vs Industrial Products average P/B of -1.72 — Very High - Significant premium, high growth expectations or speculative. View CUMMINSIND annual price range for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
CUMMINSIND P/B Ratio — Valuation Insights & Book Value Analysis
Cummins price-to-book ratio interpretation, valuation status and historical context — current P/B 15.57 (High). For live price, earnings yield and the full fundamental profile, see CUMMINSIND share price screener.
- Stock appears overvalued with PB of 15.57, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 525.3% above historical average
- Trading at premium to sector average PB of -1.72
Cummins P/B Ratio Historical Trend
CUMMINSIND annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Analyse Cummins shareholding analysis to track promoter, FII and institutional holdings.
CUMMINSIND Historical P/B Ratio — Book Value Per Share & Year-End Price
Cummins annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 3.14 | ₹1540.91 | ₹4835.00 | ₹8,475 | High |
| 2025 | 3.23 | ₹1374.73 | ₹4434.40 | ₹7,561 | High |
| 2024 | 2.72 | ₹1202.18 | ₹3274.00 | ₹6,612 | Moderate |
| 2023 | 1.88 | ₹1046.91 | ₹1963.95 | ₹5,758 | Moderate |
| 2022 | 1.48 | ₹935.45 | ₹1380.40 | ₹5,145 | Moderate |
CUMMINSIND vs Industrial Products Peers — P/B Ratio Comparison
Cummins P/B 15.57 vs Industrial Products average -1.72, median -0.37 — range -11.43–0.33.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Cochin Malabar Estates | COCHMAL | -11.43 | ₹25 | Low |
| Mahalaxmi Seamless | MAHALXSE | -11.12 | ₹6 | Low |
| Rollatainers | ROLLT | -7.78 | ₹133 | Low |
| TPINDIA | TPINDIA | -6.96 | ₹83 | Low |
| Aditya Ispat | ADITYA | -6.12 | ₹5 | Low |
| Electrotherm | ELECTHERM | -5.7 | ₹882 | Low |
| Mahip Industries | MAHIP | -4.16 | ₹34 | Low |
| Heera Ispat | HEERAISP | -4.04 | ₹3 | Low |
| Promact Plastics | PROMACT | -3.89 | ₹10 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |