P/E ratio for 3M (MMM)

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

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
Honeywell HON	19.9	-24.01%	🇺🇸 USA
Danaher DHR	45.7	74.56%	🇺🇸 USA
General Electric GE	37.7	44.02%	🇺🇸 USA
Illinois Tool Works ITW	23.9	-8.98%	🇺🇸 USA
Johnson & Johnson JNJ	19.2	-26.90%	🇺🇸 USA
Dentsply Sirona XRAY	-2.51	-109.59%	🇺🇸 USA
Apple AAPL	37.1	41.41%	🇺🇸 USA
Amazon AMZN	31.6	20.63%	🇺🇸 USA
Align Technology ALGN	30.8	17.59%	🇺🇸 USA
HP HPQ	9.13	-65.16%	🇺🇸 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.