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Cummins India Ltd PB Ratio

Cummins India Ltd PB Ratio

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₹ 1.9 Cr

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4.9 K

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Last Updated time: 18 Sep 9.00 AM

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Cummins India Ltd

NSE: CUMMINSIND

PB

15.8

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Cummins India Ltd is 15.8 as of 18 Sep 24.
  • The P/B Ratio of Cummins India Ltd changed from 6.1 on March 2022 to 12.6 on March 2024 . This represents a CAGR of 27.35% over 3 years. .

Historical P/B Ratio of Cummins India Ltd

No data available

Company Fundamentals for Cummins India Ltd

Market Cap

104,324 Cr

EPS

66.0

P/E Ratio (TTM) *

58.2

P/B Ratio (TTM) *

16.1

Day’s High *

3866.5

Day’s Low

3745.0

DTE *

0.0

ROE *

26.0

52 Week High

4169.5

52 Week Low

1590.3

ROCE *

32.8

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Cummins India Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 20243763.5
17 Sep 20243844.8
16 Sep 20243818.1
13 Sep 20243782.3
12 Sep 20243819.95
11 Sep 20243792.05
10 Sep 20243743.5
09 Sep 20243673.9
06 Sep 20243763.05
05 Sep 20243840.2

SWOT Analysis Of Cummins India Ltd

Strength

4

S

Weakness

1

W

Opportunity

0

O

Threats

2

T

BlinkX Score for Cummins India Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Cummins India Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Cummins India Ltd161,06,577
Thermax Ltd29662,149
Carborundum Universal Ltd12028,529
Jyoti CNC Automation Ltd7726,768
Grindwell Norton Ltd18426,246
Elgi Equipments Ltd4623,198

Key Valuation Metric of Cummins India Ltd

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Cummins India Ltd

No data available

* All values are in crore

Historical Revenue of Cummins India Ltd

No data available

* All values are in crore

Historical EBITDA of Cummins India Ltd

No data available

* All values are in crore

Historical Net Profit of Cummins India Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Cummins India Ltd News Hub

News

Cummins India announces cessation of senior management personnel

Cummins India announced that Vivek Malapati, Vice President - Distribution Business, a Sen...

Read more

26 Aug 202416:56

News

Cummins India appoints Shveta Arya as MD

Cummins India announced that its Board of Directors has appointed Shveta Arya as an Additi...

Read more

13 Aug 202412:34

News

Cummins India spurts as PAT climbs 33% YoY to Rs 420 cr in Q1

Domestic sales jumped 12% YoY to Rs 1,873 crore while exports slipped 22% YoY to Rs 389 cr...

Read more

07 Aug 202413:43

News

Cummins India Ltd leads losers in 'A' group

Repco Home Finance Ltd, Kirloskar Brothers Ltd, Escorts Kubota Ltd and Eicher Motors Ltd a...

Read more

02 Aug 202415:00

News

Cummins India schedules board meeting

Cummins India will hold a meeting of the Board of Directors of the Company on 6 August 202...

Read more

03 Jul 202409:28

News

Cummins India to convene AGM

Cummins India announced that the Annual General Meeting (AGM) of the company will be held ...

Read more

30 May 202412:12

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FAQs for PB Ratio of Cummins India Ltd

What is the PB ratio of Cummins India Ltd?

The current PB ratio of Cummins India Ltd is 16.12. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Cummins India Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Cummins India Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Cummins India Ltd calculated?

The PB ratio of Cummins India Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Cummins India Ltd?

A high PB ratio suggests that Cummins India Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Cummins India Ltd?

A low PB ratio of Cummins India Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Cummins India Ltd PB Ratio change over time?

Yes, the PB ratio of Cummins India Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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