MMM Historical PE Ratio image   This MMM PE ratio history page last updated 7/28/2022
MMM Historical PE Ratio Chart
PeriodPriceAdj. EPSAnnualizedPE
Q2 2022
7/26/2022
140.752.489.9214.2
Q1 2022
4/26/2022
144.222.6510.6013.6
Q4 2021
1/25/2022
173.752.319.2418.8
Q3 2021
10/26/2021
182.162.459.8018.6
Q2 2021
7/27/2021
200.472.5910.3619.4
Q1 2021
4/27/2021
194.452.7711.0817.5
Q4 2020
1/26/2021
175.952.389.5218.5
Q3 2020
10/27/2020
161.032.439.7216.6
Q2 2020
7/28/2020
155.331.787.1221.8
Q1 2020
4/28/2020
157.612.168.6418.2
Q4 2019
1/28/2020
165.582.158.6019.3
Q3 2019
10/24/2019
161.892.5810.3215.7
Q2 2019
7/25/2019
178.132.208.8020.2
Q1 2019
4/25/2019
190.722.238.9221.4
Q4 2018
1/29/2019
196.952.319.2421.3
Q3 2018
10/23/2018
192.552.5810.3218.7
Q2 2018
7/24/2018
200.682.5910.3619.4
Q1 2018
4/24/2018
201.132.5010.0020.1
Q4 2017
1/25/2018
252.362.108.4030.0
Q3 2017
10/24/2017
234.652.339.3225.2
Q2 2017
7/25/2017
199.392.259.0022.2
Q1 2017
4/25/2017
195.132.168.6422.6
Q4 2016
1/24/2017
175.971.887.5223.4
Q3 2016
10/25/2016
166.232.158.6019.3
Q2 2016
7/26/2016
177.662.088.3221.4
Q1 2016
4/26/2016
166.182.058.2020.3
Q4 2015
1/26/2016
144.781.666.6421.8
Q3 2015
10/22/2015
156.002.058.2019.0
Q2 2015
7/23/2015
149.502.028.0818.5
Q1 2015
4/23/2015
159.661.857.4021.6
Q4 2014
1/27/2015
163.631.817.2422.6
Q3 2014
10/23/2014
145.051.987.9218.3
Q2 2014
7/24/2014
145.131.917.6419.0
Q1 2014
4/24/2014
136.651.797.1619.1
Q4 2013
1/30/2014
128.051.626.4819.8
Q3 2013
10/24/2013
123.491.787.1217.3
Q2 2013
7/25/2013
116.551.716.8417.0
Q1 2013
4/25/2013
104.881.616.4416.3
Q4 2012
1/24/2013
99.671.415.6417.7
Q3 2012
10/23/2012
88.731.656.6013.4
Q2 2012
7/26/2012
NA1.666.64NA
Q1 2012
4/24/2012
88.491.596.3613.9
MMM PE History Chart
PeriodPriceAdj. EPSTTMPE
Q2 2022
7/26/2022
140.752.489.8914.2
Q1 2022
4/26/2022
144.222.6510.0014.4
Q4 2021
1/25/2022
173.752.3110.1217.2
Q3 2021
10/26/2021
182.162.4510.1917.9
Q2 2021
7/27/2021
200.472.5910.1719.7
Q1 2021
4/27/2021
194.452.779.3620.8
Q4 2020
1/26/2021
175.952.388.7520.1
Q3 2020
10/27/2020
161.032.438.5218.9
Q2 2020
7/28/2020
155.331.788.6717.9
Q1 2020
4/28/2020
157.612.169.0917.3
Q4 2019
1/28/2020
165.582.159.1618.1
Q3 2019
10/24/2019
161.892.589.3217.4
Q2 2019
7/25/2019
178.132.209.3219.1
Q1 2019
4/25/2019
190.722.239.7119.6
Q4 2018
1/29/2019
196.952.319.9819.7
Q3 2018
10/23/2018
192.552.589.7719.7
Q2 2018
7/24/2018
200.682.599.5221.1
Q1 2018
4/24/2018
201.132.509.1821.9
Q4 2017
1/25/2018
252.362.108.8428.5
Q3 2017
10/24/2017
234.652.338.6227.2
Q2 2017
7/25/2017
199.392.258.4423.6
Q1 2017
4/25/2017
195.132.168.2723.6
Q4 2016
1/24/2017
175.971.888.1621.6
Q3 2016
10/25/2016
166.232.157.9420.9
Q2 2016
7/26/2016
177.662.087.8422.7
Q1 2016
4/26/2016
166.182.057.7821.4
Q4 2015
1/26/2016
144.781.667.5819.1
Q3 2015
10/22/2015
156.002.057.7320.2
Q2 2015
7/23/2015
149.502.027.6619.5
Q1 2015
4/23/2015
159.661.857.5521.1
Q4 2014
1/27/2015
163.631.817.4921.8
Q3 2014
10/23/2014
145.051.987.3019.9
Q2 2014
7/24/2014
145.131.917.1020.4
Q1 2014
4/24/2014
136.651.796.9019.8
Q4 2013
1/30/2014
128.051.626.7219.1
Q3 2013
10/24/2013
123.491.786.5119.0
Q2 2013
7/25/2013
116.551.716.3818.3
Q1 2013
4/25/2013
104.881.616.3316.6
Q4 2012
1/24/2013
99.671.416.3115.8
Q3 2012
10/23/2012
88.731.65NANA
Q2 2012
7/26/2012
NA1.66NANA
Q1 2012
4/24/2012
88.491.59NANA
Quotes delayed 20 minutes

Email EnvelopeFree MMM Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
10 Most Oversold S&P 500 Stocks
10 Most Overbought S&P 500 Stocks
10 ETFs With Stocks Insiders Are Buying
10 ETFs With Most Upside To Targets
The DividendRank Top 25
Warren Buffett Dividend Stocks
10 Cheap Dividend Stocks Under $10
10 Top DividendRank'ed Energy Stocks
The 10 Highest Yielding Preferred Stocks
The 10 Highest Yielding Preferred Stocks
The 15 Most Active S&P Call & Put Options
3M (MMM) is categorized under the Healthcare sector; to help you further research PE history across stocks, below are some other companies in the same sector:

MMSI PE Ratio History
MNKD PE Ratio History
MNOV PE Ratio History
MNPR PE Ratio History
MODD PE Ratio History
MODV PE Ratio History
MOH PE Ratio History
MORF PE Ratio History
MOVE PE Ratio History
MRK PE Ratio History
How should the MMM historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?

✔️Accepted answer: There are a number of different approaches when it comes to calculating a historical PE ratio for a company like 3M. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this MMM Historical PE Ratio page.

What is the average historical PE for MMM based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?

✔️Accepted answer: The MMM historical PE ratio using the annualized quarterly earnings method works out to 19.3.

What is the average historical PE for MMM based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?

✔️Accepted answer: The MMM historical PE ratio using the TTM earnings method works out to 19.9.

What is the average historical PE for MMM based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?

✔️Accepted answer: The MMM historical PE ratio using the annualized median TTM earnings method works out to 9.84.

On this page we presented the MMM Historical PE Ratio information for 3M' stock. The average MMM historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 19.3. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average MMM historical PE based on this TTM earnings result method is 19.9.

Let's now compare this MMM historical PE result, against the recent PE: when this page was posted on 7/27/2022, the most recent closing price for MMM had been 138.86, and the most recent quarterly earnings result, annualized, was 9.92. Meanwhile, the most recent TTM earnings summed to 9.89. From these numbers, we calculate the recent MMM PE on 7/27/2022 based on annualized quarterly EPS was 14.0. Based on MMM's history, that recent PE is low relative to the historical average, with the recent PE 27.5% lower than the historical average PE across our data set for 3M. Looking at the recent MMM PE on 7/27/2022 based on TTM EPS, we calculate the ratio at 14.0. Based on MMM's history, that recent PE is low relative to the historical average, with the recent PE 29.6% lower than the average PE across our 3M data set with TTM EPS used in the calculation at each period.

Another interesting MMM historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for MMM, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for MMM, we start with the past four EPS numbers and we first sort them from lowest to highest: 2.31, 2.45, 2.48, and 2.65. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 2.45 and 2.48 — which gives us the median of 2.46. Basically the way to think about this 2.46 number is this: for the trailing four earnings reports, 2.46 marks the "middle ground" number where MMM has reported a value higher than 2.46 half the time, and has reported a value lower than 2.46 half the time. Annualizing that median value then gets us to 9.84/share, which we use as the denominator in our next PE calculation. With 138.86 as the numerator (as of 7/27/2022), the calculation is then 138.86 / 9.84 = 14.1 as the MMM PE ratio as of 7/27/2022, based on that annualized median value we calculated.

For self directed investors doing their due diligence on MMM or any other given stock, valuation analysis for MMM can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate 3M PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for MMM. Thanks for visiting, and the next time you need to research MMM Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.

Recommended: O shares outstanding history, DCSA Options Chain, Top Ten Hedge Funds Holding TPIF.

 

MMM Historical PE Ratio | www.HistoricalPERatio.com | Copyright © 2020 - 2022, All Rights Reserved

Nothing in HistoricalPERatio.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.