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3M MMM

US equityMarket cap rank #186
$168.84
−$1.47 (-0.86%)
Market open · Sep 24, 2:00 pm ET
After hours $169.80 -0.29%
Open$169.65
Prev close$170.30
Day range$167.80 – $170.75
Volume953.9K
Market cap$87.07B
P/E (TTM)30.0
Dividend yield1.79%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings29.5x
CheapRich

Near the top of its 5-year range · 90th percentile, 5-year average 12.5x

#2051 of 2974 stocks by PE (1 = cheapest)

Price / book29.0x
CheapRich

Near the top of its 5-year range · 97th percentile, 5-year average 11.6x

#5159 of 5299 stocks by PB (1 = cheapest)

Price / sales3.4x
CheapRich

Near the top of its 5-year range · 89th percentile, 5-year average 2.1x

#3265 of 5139 stocks by PS (1 = cheapest)

P/E over five years

-49x-3x44x90xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$120.00
Price vs. fair value+40.7%Trading above the estimate
Star rating★★☆☆☆
Economic moatNarrow
UncertaintyVery High
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 28.98 11.63 97% (pricier than usual) #5159 of 5299 (1 = cheapest)
PE 29.47 12.48 90% (pricier than usual) #2051 of 2974 (1 = cheapest)
PS 3.40 2.07 89% (pricier than usual) #3265 of 5139 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★
Fair value estimate$120.00
Economic moatNarrow
UncertaintyVery High
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