What is 3M's Price/Book Ratio?
- 3M's trailing twelve month (TTM) Price/Book ratio is 16.86.
- 3M's annual Price/Book ratio as of today is 18.51.
- 3M's quarterly Price/Book ratio is 17.89.
What is the Price/Book Ratio?
The Price/Book (P/B) ratio is a financial metric that compares a company's market value to its book value. It is calculated by dividing the company's stock price by its book value per share. A lower P/B ratio may indicate that the stock is undervalued.
How is the Price/Book Ratio Calculated?
P/B Ratio = (Market Price per Share) / (Book Value per Share)
Related Metrics
Other important metrics to assess 3M's financial health include:
- P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
- Annual: 17.04
- Quarterly: 17.89
- TTM: 17.26
- P/S Ratio (Price to Sales Ratio) - compares the company's stock price to its revenues:
- Annual: 2.89
- Quarterly: 13.41
- TTM: 3.04
- P/C Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
- Annual: 39.09
- Quarterly: -1010.92
- TTM: 77.34
- PEG Ratio (Price/Earnings to Growth Ratio) - measures the ratio of the P/E ratio to the company's expected earnings growth rate:
- Annual: -0.11
- Quarterly: 0.34
- TTM: 3.44
These metrics provide insights into 3M's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Price/Book Ratio
18.51
Quarterly Price/Book Ratio
17.89
TTM Price/Book Ratio
16.86
3M Historical Price/Book Ratio
Historical P/E Ratio
Historical P/S Ratio
Historical P/C Ratio
Historical PEG Ratio
3M Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Price/Book Ratio | P/E Ratio | P/S Ratio | P/C Ratio | PEG Ratio |
|---|---|---|---|---|---|
| 2024 | 18.51 | 17.04 | 2.89 | 39.09 | -0.11 |
| 2023 | 10.53 | -7.24 | 1.55 | 7.58 | 0.03 |
| 2022 | 3.84 | 9.82 | 1.66 | 10.15 | -50.24 |
| 2021 | 5.69 | 14.52 | 2.43 | 11.54 | 1.71 |
| 2020 | 6.53 | 15.49 | 2.62 | 10.40 | 0.81 |
| 2019 | 8.40 | 18.62 | 2.65 | 12.04 | -1.45 |
| 2018 | 9.52 | 17.53 | 2.86 | 14.56 | 1.48 |
| 2017 | 10.12 | 24.20 | 3.71 | 18.84 | -9.19 |
| 2016 | 8.73 | 17.88 | 3.00 | 13.55 | 2.23 |
| 2015 | 6.71 | 16.30 | 2.60 | 12.27 | 12.44 |
Related Metrics
Explore detailed financial metrics and analysis for MMM.