3M
MMM
#227
Rank
A$126.09 B
Marketcap
$232.26
Share price
-2.76%
Change (1 day)
76.90%
Change (1 year)

P/E ratio for 3M (MMM)

P/E ratio as of March 2025 (TTM): -11.0

According to 3M's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.952. At the end of 2022 the company had a P/E ratio of 9.85.

P/E ratio history for 3M from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
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%
201212.17.57%
201111.3-10.45%
201012.6-17.11%
200915.256.62%
20089.70-21.58%
200712.4-2.24%
200612.7-20.53%
200515.9-15.55%
200418.9-18.46%
200323.113.48%
200220.4-25.38%
200127.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.4-331.85%๐Ÿ‡บ๐Ÿ‡ธ USA
25.4-332.36%๐Ÿ‡บ๐Ÿ‡ธ USA
22.5-305.49%๐Ÿ‡บ๐Ÿ‡ธ USA
24.2-321.09%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6-205.66%๐Ÿ‡บ๐Ÿ‡ธ USA
-15.0 36.96%๐Ÿ‡บ๐Ÿ‡ธ USA
33.2-403.41%๐Ÿ‡บ๐Ÿ‡ธ USA
40.6-470.37%๐Ÿ‡บ๐Ÿ‡ธ USA
33.9-409.85%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9-209.00%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.