P/E Ratio
Higher than 46% of Industrials sector peers
Updated 1926h ago
Sector Performance
46th percentileMMM
28.6x
Sector Median
30.5x
Sector Avg
34.5x
Deep Analysis
3M Company (MMM) has a P/E Ratio of 28.6x as of April 2026.
This places MMM in the 46th percentile of the Industrials sector, which has a median P/E Ratio of 30.5x and a sector average of 34.5x. MMM's P/E Ratio is 6.3% below the sector median. In context: Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
Frequently Asked Questions
What does the P/E Ratio tell investors about MMM?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
How does MMM's P/E Ratio compare to its sector?
MMM's P/E Ratio of 28.6x compares to a Industrials sector median of 30.5x, placing it in the 46th percentile.
Who are MMM's closest peers by P/E Ratio?
The closest Industrials peers by P/E Ratio include: BLDR (32.4x), AME (35.1x), AAL (36.9x), ROP (22.1x), CARR (41.1x).
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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28.6x
Sector Median
30.5x
Sector Avg
34.5x
How MMM's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.