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Cummins (FRA:CUM) Cyclically Adjusted PS Ratio : 1.64 (As of Jun. 02, 2025)


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What is Cummins Cyclically Adjusted PS Ratio?

As of today (2025-06-02), Cummins's current share price is €285.30. Cummins's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €174.29. Cummins's Cyclically Adjusted PS Ratio for today is 1.64.

The historical rank and industry rank for Cummins's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:CUM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.54   Max: 2.23
Current: 1.68

During the past years, Cummins's highest Cyclically Adjusted PS Ratio was 2.23. The lowest was 0.99. And the median was 1.54.

FRA:CUM's Cyclically Adjusted PS Ratio is ranked better than
50.88% of 2046 companies
in the Industrial Products industry
Industry Median: 1.73 vs FRA:CUM: 1.68

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Cummins's adjusted revenue per share data for the three months ended in Mar. 2025 was €54.671. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €174.29 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cummins Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cummins's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cummins Cyclically Adjusted PS Ratio Chart

Cummins Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 1.60 1.58 1.40 1.87

Cummins Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.67 1.54 1.76 1.87 1.64

Competitive Comparison of Cummins's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Cummins's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cummins's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cummins's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Cummins's Cyclically Adjusted PS Ratio falls into.


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Cummins Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Cummins's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=285.30/174.29
=1.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cummins's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Cummins's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=54.671/134.9266*134.9266
=54.671

Current CPI (Mar. 2025) = 134.9266.

Cummins Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 24.880 100.684 33.342
201509 23.204 100.392 31.186
201512 24.898 99.792 33.664
201603 22.403 100.470 30.086
201606 23.846 101.688 31.640
201609 22.180 101.861 29.380
201612 25.373 101.863 33.609
201703 25.540 102.862 33.501
201706 26.933 103.349 35.162
201709 26.552 104.136 34.403
201712 27.808 104.011 36.073
201803 27.262 105.290 34.936
201806 31.948 106.317 40.545
201809 31.478 106.507 39.877
201812 33.760 105.998 42.974
201903 33.694 107.251 42.389
201906 34.845 108.070 43.505
201909 33.444 108.329 41.655
201912 32.984 108.420 41.048
202003 30.294 108.902 37.534
202006 23.112 108.767 28.671
202009 29.182 109.815 35.855
202012 32.098 109.897 39.409
202103 34.506 111.754 41.661
202106 34.622 114.631 40.752
202109 35.057 115.734 40.871
202112 35.928 117.630 41.211
202203 40.514 121.301 45.065
202206 43.876 125.017 47.354
202209 52.157 125.227 56.197
202212 51.545 125.222 55.540
202303 55.443 127.348 58.743
202306 55.950 128.729 58.644
202309 55.321 129.860 57.480
202312 54.783 129.419 57.114
202403 54.404 131.776 55.705
202406 59.257 132.554 60.318
202409 55.169 133.029 55.956
202412 58.371 133.157 59.147
202503 54.671 134.927 54.671

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Cummins  (FRA:CUM) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Cummins Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Cummins's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cummins Business Description

Address
500 Jackson Street, Box 3005, Columbus, IN, USA, 47202-3005
Cummins is a leading manufacturer of diesel and other engines used in heavy- and medium-duty commercial trucks, off-highway equipment, and locomotives, in addition to prime power and standby generators. The company also sells powertrain components, which include filtration products, transmissions, turbochargers, aftertreatment systems, and fuel systems. Sales are approximately 60% US and Canada and 40% rest of world. Much of Cummins' foreign sales (China, India, and so forth) are through joint ventures. The company operates 650 distributors and over 19,000 dealer locations across 190 countries. Cummins' business model is unique as it competes with many of its heavy-duty truck manufacturer customers, who also make their own engines.

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