P/E ratio for 3M (MMM)

P/E ratio history for 3M from 2001 to 2026

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Apple AAPL	39.8	28.30%	🇺🇸 USA
Amazon AMZN	19.9	-35.94%	🇺🇸 USA
Johnson & Johnson JNJ	30.6	-1.21%	🇺🇸 USA
General Electric GE	34.3	10.56%	🇺🇸 USA
HP HPQ	12.7	-58.93%	🇺🇸 USA
Illinois Tool Works ITW	25.2	-18.60%	🇺🇸 USA
Honeywell HON	8.04	-74.09%	🇺🇸 USA
Danaher DHR	40.7	31.10%	🇺🇸 USA
Align Technology ALGN	27.0	-12.96%	🇺🇸 USA
Dentsply Sirona XRAY	-3.45	-111.14%	🇺🇸 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.