Cummins

Cummins P/TBV

The Price to Tangible Book Value (P/TBV) of Cummins (CMI) as of Nov 10, 2026 is 10.43. In the previous year, Price to Tangible Book Value (P/TBV) was 14.96 — a change of -30.26% (lower).

P/TBV

10.43

YoY

-30.26%

Last updated:

Price to Tangible Book Value (P/TBV) of Cummins is 2025 10.43 . Price to Tangible Book Value (P/TBV) of Cummins was 2024 14.96 . It decreases by -30.26% lower compared to the previous year.

The Cummins P/TBV history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/TBV
Date
P/TBV
Jan 1, 2018
15.63 USD
Jan 1, 2019
15.91 USD
Jan 1, 2020
14.30 USD
Jan 1, 2021
13.21 USD
Jan 1, 2022
21.05 USD
Jan 1, 2023
21.67 USD
Jan 1, 2024
14.96 USD
Jan 1, 2025
10.43 USD
The Cummins P/TBV history
YEARP/TBVYoY
10.43-30.26%
14.96-30.95%
21.67+2.95%
21.05+59.37%
13.21-7.65%
14.30-10.13%
15.91+1.82%
15.63-2.05%
15.96+16.51%
13.70+8.79%
12.59+5.02%
11.99—

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Cummins Stock analysis

What does Cummins do? Cummins Inc is a leading manufacturer of diesel engines, parts, and accessories, and also produces alternative and renewable energy systems. The company was founded in 1919 by William Glanton Irwin, Clessie Lyle Cummins, and others, with its headquarters in Columbus, Indiana, and now has subsidiaries in over 190 countries worldwide. The company was developed by Clessie Cummins, who was an engineer and racer. He had the idea to develop a more efficient diesel engine than those on the market at the time. Together with William Irwin and other co-founders, they established the Cummins Engine Company and developed engines from the beginning that were more reliable, efficient, and economical than their predecessors. Since its founding, Cummins Inc has developed a wide range of products, including diesel engines for heavy trucks, corporate applications such as power generation units, marine and rail propulsion, and alternative fuel systems. One of Cummins' most well-known products is the Dodge Ram Pickup Truck, equipped with the Cummins 6.7L turbo-diesel engine. Cummins Inc's strategy is to provide customers with comprehensive service, providing all the key attributes they need to be successful. By dividing the company into various segments such as commercial vehicles, power generation systems, as well as smaller engines and parts, it can offer customers a comprehensive range of products and services. The different divisions of the company work closely together to ensure that the customer receives a complete solution they require. In 2019, the company celebrated its 100th anniversary. In its fourth year of operation, Cummins expanded its business in Europe and sold its fully functional diesel engines to the Royal Navy of the United Kingdom. In 1925, the company began production of diesel engines for bus and truck traffic, and in 1952, Cummins developed and produced its first turbocharger system. In recent years, Cummins Inc has also increased its efforts towards sustainability and renewable energy, now offering products and services to support a wide range of applications including wind energy systems, solar systems, biofuels, and hybrid technologies. Overall, Cummins Inc is a leading provider of innovative and high-quality engines, parts, and accessories, offering customers a comprehensive solution that encompasses all aspects of their business. The company has proven throughout its nearly century-long history that it is continually able to meet the ever-changing demands of its customers and contribute to shaping the world and the economy. Cummins is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Cummins stock

Price to Tangible Book Value (P/TBV) of Cummins is 10.43 in 2025.

Price to Tangible Book Value (P/TBV) of Cummins changed from 14.96 to 10.43, representing a -30.26% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Price to Tangible Book Value (P/TBV) Cummins since 2006 – with annual values, charts, and detailed analysis.

P/TBV compares the stock price to tangible book value per share, excluding goodwill and intangibles. It provides a conservative asset-based valuation.

To evaluate Price to Tangible Book Value (P/TBV)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Price to Tangible Book Value (P/TBV).

A 'good' varies by industry and company stage. On Eulerpool, you can compare Price to Tangible Book Value (P/TBV)'s Cummins with sector peers and the industry average to assess whether it is attractive.

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