3M Company (MMM) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabili...

3M Company (MMM) currently trades at a P/E ratio of 34.11 (historical range: 15.76–82.11, median: 22.47), placing it at the 92th percentile — expensive relative to its history, P/S ratio of 3.80 (range: 2.49–3.91, 96th percentile — expensive relative to its history).

Over the historical period (2024-08-30 to 2026-08-28), 3M Company's P/E ratio has expanded by 18% over the observed period (from an average of 23.1 to 27.4).

3M Company appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio34.1115.7622.4782.1192thexpensive relative to its history
P/S Ratio3.802.493.363.9196thexpensive relative to its history
FCF Yield0.000.000.000.0226thabove its historical average
Current Price: $174.34
Market Cap: $89.9B
Sector: Industrials