CMI
Cummins
PEG ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: CMI
- PEG Ratio
CMI currently has a PEG ratio reading of 0.8 as of Nov 11, 2026. Dividing the 19.25 PE ratio by the 24.0% earnings growth rate yields this valuation metric.
CMI PEG ratio history
A ten years lookback shows an average PEG ratio of 0.9 for Cummins. Compared to historical data, CMI's 0.8 PE to growth ratio represents a decline of 11%. The ten years high occurred in the Dec 2022 quarter at 5.14, reflecting maximum valuation relative to growth. The minimum was hit in the Dec 2024 quarter at 0.03, indicating optimal value relative to growth during that period.
Cummins PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | 24.76 | -27.8% |
| 2024 | 0.03 | 12.21 | 450.1% |
| 2023 | N/A | 46.16 | -65.9% |
| 2022 | 5.14 | 15.94 | 3.1% |
| 2021 | 0.67 | 14.8 | 22.1% |
| 2020 | N/A | 18.82 | -17% |
| 2019 | 1.21 | 12.31 | 10.2% |
| 2018 | 0.08 | 10.12 | 120.4% |
| 2017 | N/A | 29.49 | -27.4% |
| 2016 | 3.31 | 16.57 | 5% |
| 2015 | N/A | 11.2 | -13.1% |
| 2014 | 1.14 | 15.95 | 14% |
| 2013 | N/A | 17.78 | -8.7% |
| 2012 | N/A | 12.47 | -9.3% |
| 2011 | 0.11 | 9.19 | 81.1% |
Cummins PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 0.89 | 21.46 | 24% |
| Jun 2026 | N/A | 36.28 | -8.3% |
| Mar 2026 | N/A | 27.79 | -4.5% |
| Dec 2025 | N/A | 24.76 | -27.8% |
| Sep 2025 | 0.79 | 21.76 | 27.7% |
| Jun 2025 | 0.28 | 15.28 | 53.8% |
| Mar 2025 | 0.32 | 15.46 | 47.8% |
| Dec 2024 | 0.03 | 12.21 | 450.1% |
| Sep 2024 | N/A | 21.3 | -23% |
| Jun 2024 | N/A | 19.88 | -22.4% |
| Mar 2024 | N/A | 21.49 | -23.2% |
| Dec 2023 | N/A | 46.16 | -65.9% |
| Sep 2023 | 0.25 | 11.57 | 46.1% |
| Jun 2023 | 0.56 | 13.66 | 24.6% |
| Mar 2023 | 0.43 | 13.39 | 31.4% |
CMI average PEG ratio chart
Measured against past performance, CMI's PEG ratio is higher than its 3-year average, though it is below the 5 and 10-year averages.
PEG comparison
Cummins's PEG of 0.8 is below the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 0.86, Cummins's PEG is 7% lower.
CMI EPS growth
CMI Price vs fair value
CMI PEG vs peers
Compared to its peers, CMI has a PEG ratio under stocks GE and PCAR, while above CAT's and BWA's. With a PEG ratio of 0.8, Cummins stands lower than the 1.16 peer average.
Frequently asked questions
What is Cummins's PEG ratio?
Based on Nov 11, 2026 data, CMI carries a PEG ratio of 0.8.
What is the 3-year average PEG ratio for Cummins (CMI)?
Historical data over a 3-year period places CMI's average PEG ratio at 0.46.
What is the 5-year average PEG ratio for Cummins (CMI)?
Historical data over a 5-year period places CMI's average PEG ratio at 1.06.
What is the highest PEG ratio for CMI?
The Dec 2022 quarter marked the ten years high at 5.14 for CMI's PEG ratio.
How does the current PEG ratio for CMI compare to its historical average?
Compared to the 10-year average, CMI's PEG ratio is 11% lower.
How is CMI's PEG ratio calculated (Cummins PEG ratio formula)?
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Nov 11, 2026, Cummins has a P/E ratio of 19.25. Earnings grew at 24.0% over the TTM period ending Sep 2026. Applying the formula, this produces a price to earnings growth ratio of 0.8. PEG RATIO(0.8) = PE RATIO(19.25) / EPS GROWTH(24.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.