Cummins (CMI) Price to Book (2009 - 2026)
Cummins' (CMI) Price to Book stood at 7.06 in Q2 2026, up 101.4% from 3.51 a year earlier and up 27.2% from the prior quarter.
Powered by 
Analysis
Cummins (CMI) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Cummins' Price to Book came in at 5.26, up 24.1% from FY2024.
- Across earlier years, Price to Book came in at 4.24 in FY2024 (+23.5%), 3.43 in FY2023 (-0.2%), 3.44 in FY2022 (-0.1%) and 3.44 in FY2021 (-10.7%).
- The Q2 2026 figure is the highest quarterly Price to Book in data going back to Q1 2009.
- On a year-over-year basis, Price to Book has increased for four consecutive quarters, with growth averaging 30.7% over the last eight quarters.
- Peak year-over-year performance for Price to Book in the last five years was growth of 101.4% in Q2 2026, against a decline of 29.6% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.55 (Q1 2026), 5.26 (Q4 2025) and 4.45 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn |
| 10 | Cummins | 71.19 Bn | 68.32 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.06 |
| Mar 31, 2026 | 5.55 |
| Dec 31, 2025 | 5.26 |
| Sep 30, 2025 | 4.45 |
| Jun 30, 2025 | 3.51 |
| Mar 31, 2025 | 3.61 |
| Dec 31, 2024 | 4.24 |
| Sep 30, 2024 | 3.92 |
| Jun 30, 2024 | 3.59 |
| Mar 31, 2024 | 3.99 |
| Dec 31, 2023 | 3.43 |
| Sep 30, 2023 | 2.77 |
| Jun 30, 2023 | 3.06 |
| Mar 31, 2023 | 3.18 |
| Dec 31, 2022 | 3.44 |
| Sep 30, 2022 | 3.07 |
| Jun 30, 2022 | 2.89 |
| Mar 31, 2022 | 3.23 |
| Dec 31, 2021 | 3.44 |
| Oct 3, 2021 | 3.75 |
API Access
Cummins Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=CMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "CMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();