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MMM 3M PE ratio, current and historical analysis

The current PE ratio of MMM can't be determined, as the TTM EPS of -$12.71 is negative. The most recent PE ratio recorded for 3M was 10.8 in March 2023.

MMM PE ratio history

How has MMM's PE ratio performed in the past

Over the last ten years, the average PE ratio of 3M has been 20.06. Over the past ten years, MMM's PE ratio was at its highest in the Mar 2018 quarter at 31.68, with a price of $219.52 and an EPS of $6.93. The Sep 2022 quarter recorded the bottom point at 9.58, with a price of $110.5 and an EPS of $11.53.

Average
20.06
Median
19.79
Minimum
9.58
Maximum
31.68

3M PE ratio by year

Maximum annual increase: 35.34% in 2017

Maximum annual decrease: -32.32% in 2022

Year PE ratio Change
2023 N/A N/A
2022 11.75 -32.32%
2021 17.36 -6.36%
2020 18.54 -17.71%
2019 22.53 7.49%
2018 20.96 -27.6%
2017 28.95 35.34%
2016 21.39 9.64%
2015 19.51 -9.42%
2014 21.54 4.92%

MMM average PE ratio chart

What is the average PE ratio of MMM for the past years
3-year avg
14.89
5-year avg
16.96
10-year avg
20.06
15-year avg
18.58

MMM PE vs peers

What is MMM's PE ratio compared to its peers
Stock name PE ratio Market cap
HPQ Hp Inc 8.18 $27.75B
JNJ Johnson & Johnson 9.74 $357.58B
HON Honeywell International Inc 22.37 $126.59B
ITW Illinois Tool Works Inc 24.77 $72.3B
AAPL Apple Inc 28.48 $2.84T
DHR Danaher Corp 41.73 $184.23B
GLW Corning Inc 45.99 $28.76B
ALGN Align Technology Inc 49.93 $21.83B
GE General Electric Co 52.96 $179.14B
XRAY DENTSPLY SIRONA Inc N/A $5.94B
MMM 3M Co N/A $53.69B

Frequently asked questions

What is 3M's PE ratio?

The current price to earnings ratio of MMM can't be calculated, as its EPS of -$12.71 is negative.

What is the 3-year average PE ratio for 3M (MMM)?

The 3-year average PE ratio for MMM stock is 14.89.

What is the 5-year average PE ratio for 3M (MMM)?

The 5-year average PE ratio for MMM stock is 16.96.

What is the highest PE ratio for MMM?

The highest quarterly PE ratio in the last ten years has been 31.68 and it was in the Mar 2018 quarter.

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.