Cummins India (BOM:500480) 3-Year Book Growth Rate : 12.40% (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Cummins India 3-Year Book Growth Rate?

Cummins India's Book Value per Share for the quarter that ended in Mar. 2024 was ₹238.54.

During the past 12 months, Cummins India's average Book Value per Share Growth Rate was 14.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 12.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 9.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was 7.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Cummins India was 18.00% per year. The lowest was 4.10% per year. And the median was 13.50% per year.

Competitive Comparison of Cummins India's 3-Year Book Growth Rate

For the Specialty Industrial Machinery subindustry, Cummins India's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 India's 3-Year Book Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cummins India's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Cummins India's 3-Year Book Growth Rate falls into.

Cummins India 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Cummins India (BOM:500480) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Cummins India 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Cummins India's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Cummins India (BOM:500480) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cummins India Ltd (BOM:500480) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

CUMMINSIND:India

Address

Cummins India Office Campus, Tower A, 5th Floor, Survey No. 21, Balewadi, Pune, MH, IND, 411045

Website

https://www.cumminsindia.com

Cummins India Ltd is a group of businesses that design and manufacture service engines and related technologies. The company produces fuel systems, air handling, filtration, emission solutions, and electrical power generation systems in facilities across India. It has three business units: Engine Business, Power Systems Business, and Distribution Business. Its engines power a wide range of systems, including trucks, construction equipment, military components, railways, mining, and power generation applications. In addition, Cummins India provides aftermarket support and expertise to customers in different regions. The revenue is derived from India, but the company exports products to North America, Europe, and other Asian countries.

Cummins India (BOM:500480) Headlines

No Headlines