Price-to-Earnings (P/E) Ratio Summary
3M's P/E ratios across different time periods:
- TTM: 16.96
- Annual: 17.04
- Quarterly: 24.10
What is P/E Ratio?
The Price-to-Earnings (P/E) ratio is a valuation metric that compares a company's stock price to its earnings per share (EPS). It indicates how much investors are willing to pay for each dollar of company earnings.
Related Metrics
- Price-to-Book (P/B) Ratio: 18.51
- Price-to-Sales (P/S) Ratio: 2.89
Annual Ratios
3M Historical P/E Ratio
Historical P/B Ratio
Historical P/S Ratio
TTM P/E Ratio
16.96
P/B Ratio (Annual)
18.51
P/S Ratio (Annual)
2.89
3M Historical Valuation Metrics
The table below shows various valuation metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | P/E Ratio | P/B Ratio | P/S Ratio |
|---|---|---|---|
| 2024 | 17.04 | 18.51 | 2.89 |
| 2023 | -7.24 | 10.53 | 1.55 |
| 2022 | 9.82 | 3.84 | 1.66 |
| 2021 | 14.52 | 5.69 | 2.43 |
| 2020 | 15.49 | 6.53 | 2.62 |
| 2019 | 18.62 | 8.40 | 2.65 |
| 2018 | 17.53 | 9.52 | 2.86 |
| 2017 | 24.20 | 10.12 | 3.71 |
| 2016 | 17.88 | 8.73 | 3.00 |
| 2015 | 16.30 | 6.71 | 2.60 |
| 2014 | 18.00 | 6.79 | 2.80 |
| 2013 | 17.16 | 4.46 | 2.59 |
| 2012 | 12.12 | 2.99 | 1.80 |
| 2011 | 11.30 | 3.05 | 1.63 |
| 2010 | 12.61 | 3.21 | 1.93 |
Related Metrics
Explore detailed financial metrics and analysis for MMM.