Cummins India Ltd
NSE:CUMMINSIND
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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P/E
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Valuation Scenarios
If P/E returns to its 3-Year Average (44.6), the stock would be worth ₹3 628.34 (31% downside from current price).
| Scenario | P/E Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 64.6 | ₹5 257.3 |
0%
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| 3-Year Average | 44.6 | ₹3 628.34 |
-31%
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| 5-Year Average | 38 | ₹3 092.38 |
-41%
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| Industry Average | 34 | ₹2 771.83 |
-47%
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| Country Average | 28.7 | ₹2 336.92 |
-56%
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Forward P/E
Today’s price vs future net income
| Today's Market Cap | Net Income | Forward P/E | ||
|---|---|---|---|---|
|
₹1.4T
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/ |
Jan 2026
₹22.4B
|
= |
|
|
₹1.4T
|
/ |
Mar 2026
₹23.9B
|
= |
|
|
₹1.4T
|
/ |
Mar 2027
₹27.9B
|
= |
|
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₹1.4T
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/ |
Mar 2028
₹32B
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= |
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Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.
Peer Comparison
| Market Cap | P/E | ||||
|---|---|---|---|---|---|
| IN |
|
Cummins India Ltd
NSE:CUMMINSIND
|
1.5T INR | 64.6 | |
| JP |
M
|
Mitsubishi Logisnext Co Ltd
TSE:7105
|
106.9T JPY | -790 | |
| US |
|
Caterpillar Inc
NYSE:CAT
|
379.1B USD | 47 | |
| US |
|
Cummins Inc
NYSE:CMI
|
88.2B USD | 32.5 | |
| SE |
|
Volvo AB
STO:VOLV B
|
648.9B SEK | 18.8 | |
| US |
|
Paccar Inc
NASDAQ:PCAR
|
62.2B USD | 25.3 | |
| KR |
|
Hyundai Heavy Industries Co Ltd
KRX:329180
|
72.4T KRW | 48.9 | |
| CN |
|
China CSSC Holdings Ltd
SSE:600150
|
309.8B CNY | 43 | |
| US |
|
Westinghouse Air Brake Technologies Corp
NYSE:WAB
|
44.4B USD | 37.8 | |
| JP |
|
Toyota Industries Corp
TSE:6201
|
6.1T JPY | 27.4 | |
| CN |
|
Weichai Power Co Ltd
SZSE:000338
|
262.7B CNY | 26.1 |
Market Distribution
| Min | 0 |
| 30th Percentile | 18.9 |
| Median | 28.7 |
| 70th Percentile | 44.4 |
| Max | 877 228.1 |
Other Multiples
Cummins India Ltd
Glance View
Cummins India Ltd, a subsidiary of Cummins Inc., has carved a unique niche in the engine manufacturing industry, deeply intertwining its fortune with the rhythmic hum of diesel and natural gas engines. This company did not just emerge in the market; it was built on a legacy of innovation and resilience. Spanning across a multitude of segments, Cummins India specializes in the design and production of engines for automotive, industrial, power generation, and marine applications. Its strength lies in developing reliable and durable engines that cater to diverse power requirements. The company’s facilities, strategically located across India, are hubs of cutting-edge technology and efficiency, enabling it to produce a plethora of components that are integral to its operations, from turbochargers to generator sets. Every product emerges from a harmony of engineering expertise and quality control, driving Cummins India’s commitment to sustainable energy solutions. At the heart of Cummins India's revenue generation is a sophisticated orchestration of its product and service offerings. The company not only capitalizes on the sale of its engines but also thrives by providing after-market support through maintenance services and spare parts distribution, ensuring smooth operations for its clientele. This dual approach fosters a stable revenue stream and cultivates long-term relationships with customers. By strategically tapping into emerging markets and embracing environmental sustainability, Cummins India pivots toward future growth while adhering to its core values of innovation and integrity. The company continually refines its business model, enhancing its product efficiency and environmental compliance to adapt to the ever-evolving energy landscape. Through technological advancements and market foresight, Cummins India has positioned itself as a formidable player in the industrial engine space, constantly innovating to keep pace with global energy trends.