PE Ratio: 28.67

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 28.67 is 52% above its 5-year average of 18.86, around the middle of its 5-year range (9.48–59.27).

As of Friday, September 4, 2026. 0.75% above its 12-month average of 28.46.

PE Ratio (28.67) = Close Price ($564.10) / Diluted TTM EPS ($19.68)

CMI PE Ratio Metrics

P/E vs. its own history

At 28.7, P/E is above its 20-year median — higher than 94% of readings in its 20-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for Cummins Inc. (CMI)?

The P/E ratio for CMI stock is 28.67.

Is Cummins Inc.'s P/E ratio high or low?

The P/E ratio of 28.67 is 52% above its 5-year average of 18.86, around the middle of its 5-year range (9.48–59.27).

What is the TTM average P/E ratio for Cummins Inc. (CMI)?

The TTM average P/E ratio for CMI stock is 28.46.

What is the 3Y average P/E ratio for Cummins Inc. (CMI)?

The 3Y average P/E ratio for CMI stock is 21.50.

What is the 5Y average P/E ratio for Cummins Inc. (CMI)?

The 5Y average P/E ratio for CMI stock is 18.86.

What is the 10Y average P/E ratio for Cummins Inc. (CMI)?

The 10Y average P/E ratio for CMI stock is 17.79.

What is the 15Y average P/E ratio for Cummins Inc. (CMI)?

The 15Y average P/E ratio for CMI stock is 16.22.

What is the 20Y average P/E ratio for Cummins Inc. (CMI)?

The 20Y average P/E ratio for CMI stock is 16.22.

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

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