What is MMM's five-year median P/E?

The median, or middle weekly reading, is 25.2× over the last five years. Available history contains 134 weekly observations from Apr 1, 2024 to Oct 19, 2026.

Does a low historical rank mean a stock is a buy?

No. The rank describes a stock’s own history. Changes in growth, financial risk and the business can change the multiple investors pay. P/E uses earnings and P/S uses revenue from the previous twelve months.

3M (MMM) P/E ratio history

Above its usual range

As of Oct 22, 2026

MMM's P/E of 31.0x is higher than 83% of its available weekly readings from the last five years.

Compared with readings since Jul 29, 2024.

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P/E at year-end

Last weekly reading of each completed year. Rank runs from lowest (0%) to highest (100%) within the five years available on that date.

MMM year-end valuation history
Reading date	P/E	5-year rank
Dec 29, 2025	25.9×	70%
Dec 30, 2024	16.4×	Short history

Peers on the same measure

Stock	P/E	5-year rank
ADPAutomatic Data Processing	26.9×	22%
ALLEAllegion	20.8×	54%
AMEAmetek	36.6×	96%
AOSA. O. Smith	16.6×	11%

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Industrials AI Cyber Defense AI Power Defense Tech US Manufacturing Stocks Stocks with Low P/E Ratios and Steady Revenue Growth Stocks Below Their 5-Year Median P/E Stocks Near Their Lowest P/E Ratios in 5 Years

Research on MMM

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About this history

What is MMM's current P/E?: MMM's P/E of 31.0x is higher than 83% of its available weekly readings from the last five years.
What is MMM's five-year median P/E?: The median, or middle weekly reading, is 25.2× over the last five years. Available history contains 134 weekly observations from Apr 1, 2024 to Oct 19, 2026.
Does a low historical rank mean a stock is a buy?: No. The rank describes a stock’s own history. Changes in growth, financial risk and the business can change the multiple investors pay. P/E uses earnings and P/S uses revenue from the previous twelve months.