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Cummins India Ltd PB Ratio

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Cummins India Ltd

NSE: CUMMINSIND

PB

13

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Cummins India Ltd is 13.
  • The PB ratio of the Cummins India Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Cummins India Ltd changed from 4.8 on March 2019 to 12.6 on March 2024 . This represents a CAGR of 17.45% over 6 years.

Historical P/B Ratio of Cummins India Ltd

No data available

Company Fundamentals for Cummins India Ltd

Market Cap

90,884 Cr

EPS

70.4

P/E Ratio (TTM)

46.6

P/B Ratio (TTM)

13.0

Day’s High

3302.95

Day’s Low

3274.15

DTE

0.0

ROE

28.0

52 Week High

4169.5

52 Week Low

1833.75

ROCE

35.8

Market Price of Cummins India Ltd

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 Market Price

Date
leftPrice (₹)right
21 Nov 20243278.65
19 Nov 20243298.55
18 Nov 20243352.05
14 Nov 20243328.45
13 Nov 20243322.05

SWOT Analysis Of Cummins India Ltd

Strength

4

che

Weakness

1

che

Opportunity

0

che

Threats

2

che

BlinkX Score for Cummins India Ltd

Asset Value vs Market Value of Cummins India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Cummins India Ltd13.04
Thermax Ltd300.8
Jyoti CNC Automation Ltd82.1
Carborundum Universal Ltd127.8
Grindwell Norton Ltd184.8

Historical Market Cap of Cummins India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Cummins India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 13.04. 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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