According to 3M's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.89805. At the end of 2022 the company had a P/E ratio of 11.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 11.8 | -32.22% |
2021 | 17.4 | -7.03% |
2020 | 18.7 | -16.08% |
2019 | 22.3 | 6.5% |
2018 | 20.9 | -27.76% |
2017 | 29.0 | 35.54% |
2016 | 21.4 | 9.47% |
2015 | 19.5 | -9.28% |
2014 | 21.5 | 4.74% |
2013 | 20.5 | 41.54% |
2012 | 14.5 | 7.57% |
2011 | 13.5 | -10.45% |
2010 | 15.1 | -17.11% |
2009 | 18.2 | 56.62% |
2008 | 11.6 | -21.58% |
2007 | 14.8 | -2.24% |
2006 | 15.1 | -20.53% |
2005 | 19.0 | -15.55% |
2004 | 22.5 | -18.46% |
2003 | 27.7 | 13.48% |
2002 | 24.4 | -25.38% |
2001 | 32.7 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Apple AAPL | 26.2 | -479.30% | ๐บ๐ธ USA |
Amazon AMZN | 90.1 | -1,406.12% | ๐บ๐ธ USA |
Johnson & Johnson JNJ | 10.5 | -252.87% | ๐บ๐ธ USA |
General Electric GE | 18.6 | -369.91% | ๐บ๐ธ USA |
HP HPQ | 12.0 | -274.23% | ๐บ๐ธ USA |
Illinois Tool Works ITW | 24.3 | -452.97% | ๐บ๐ธ USA |
Honeywell HON | 23.9 | -446.91% | ๐บ๐ธ USA |
Danaher DHR | 31.2 | -552.64% | ๐บ๐ธ USA |
Align Technology
ALGN | 66.3 | -1,061.70% | ๐บ๐ธ USA |
Dentsply Sirona
XRAY | -30.9 | 348.24% | ๐บ๐ธ USA |
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.