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	37.7	7.62%	🇺🇸 USA
Amazon AMZN	32.3	-7.90%	🇺🇸 USA
Johnson & Johnson JNJ	29.3	-16.35%	🇺🇸 USA
General Electric GE	43.3	23.42%	🇺🇸 USA
HP HPQ	10.9	-68.89%	🇺🇸 USA
Illinois Tool Works ITW	27.6	-21.41%	🇺🇸 USA
Honeywell HON	17.4	-50.36%	🇺🇸 USA
Danaher DHR	39.3	11.93%	🇺🇸 USA
Align Technology ALGN	28.7	-18.13%	🇺🇸 USA
Dentsply Sirona XRAY	-3.85	-110.97%	🇺🇸 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.