Is Cummins Inc. overvalued?

Cummins Inc. (CMI) looks overvalued — trading about 59% above its fair value.

Overvalued

Price

$637.85

Fair value

$263.76

Current P/E

31.1

Normal P/E

12.9

Market cap

$88.02B

Dividend yield

1.3%

Return on equity

21.9%

Sector

Industrials

Fair value compares CMI's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 11 Aug 2026.

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