3M
MMM
#244
Rank
$80.20 B
Marketcap
$149.02
Share price
4.51%
Change (1 day)
49.58%
Change (1 year)

P/E ratio for 3M (MMM)

P/E ratio as of May 2025 (TTM): 17.9

According to 3M's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.9371. At the end of 2024 the company had a P/E ratio of 17.1.

P/E ratio history for 3M from 2001 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202417.1-335.44%
2023-7.24-173.54%
20229.85-32.22%
202114.5-7.03%
202015.6-16.08%
201918.66.5%
201817.5-27.76%
201724.235.54%
201617.99.47%
201516.3-9.28%
201418.04.74%
201317.241.54%
201212.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.5 36.51%๐Ÿ‡บ๐Ÿ‡ธ USA
36.6 103.81%๐Ÿ‡บ๐Ÿ‡ธ USA
33.2 84.94%๐Ÿ‡บ๐Ÿ‡ธ USA
20.6 14.96%๐Ÿ‡บ๐Ÿ‡ธ USA
17.0-5.18%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.64-142.58%๐Ÿ‡บ๐Ÿ‡ธ USA
31.5 75.41%๐Ÿ‡บ๐Ÿ‡ธ USA
40.4 125.17%๐Ÿ‡บ๐Ÿ‡ธ USA
32.4 80.42%๐Ÿ‡บ๐Ÿ‡ธ USA
9.42-47.50%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.