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MMM
Volume: 1.11M

3M (MMM) P/E Ratio

P/E Ratio as of Oct 29, 2026: 26.43

Average27.62
Median28.66
Minimum24.15
Maximum29.36
26.43
3.49 (11.66%)past month
The P/E ratio for 3M (MMM) is 26.43 as of Oct 29, 2026. This represents a decrease of -5.00% compared to its 12-month average P/E ratio of 27.82. A higher P/E ratio suggests that investors expect strong future earnings growth, while a lower P/E ratio may indicate a potentially undervalued stock or slowing growth.

3M P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)

3M’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing 3M to industry peers.

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3M (MMM) P/E Ratio Historic Data

DateStock priceP/E ratio
Oct 1, 2026$163.0228.95
Sep 1, 2026$170.2430.23
Aug 3, 2026$177.2331.47
Jul 1, 2026$159.9630.86
Jun 1, 2026$150.9329.12
May 1, 2026$142.5027.49
Apr 1, 2026$145.2524.23
Mar 2, 2026$161.4626.93
Feb 2, 2026$153.4325.59
Jan 2, 2026$161.8225.86

3M (MMM) End of Year P/E Ratio

DateP/E ratioChange
202626.43+3.28%
202525.59+56.90%
202416.31-338.10%
2023-6.85-178.38%
20228.74-40.46%
202114.68—

FAQs About 3M (MMM) P/E ratio

The latest P/E ratio of 3M (MMM) is 26.43, as of Oct 29, 2026. This is calculated based on its current stock price and earnings per share (EPS).

3M’s last 12-month average P/E ratio is 27.82, compared to its current P/E ratio of 26.43. This reflects a decrease of -5.00%.

3M’s current P/E ratio of 26.43 is lower than its last 12-month average P/E of 27.82. A higher P/E can indicate strong future growth expectations, while a lower P/E might suggest undervaluation.

3M’s average P/E ratio over the last 3 years is 22.21. Comparing this to the current P/E helps assess recent valuation trends and whether the stock is trading above or below its mid-term historical range.

3M’s average P/E ratio over the last 5 years is 15.6. A deviation from this historical average may indicate shifts in growth expectations, profitability, or broader market conditions affecting valuation.

3M (MMM)

Volume: 1.11M

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