How does 3M Company (MMM)'s PE ratio compare to its industry?

3M Company (MMM) trades at a PE of 26.7 versus a Conglomerates Industry median of 12.5 (397 companies), putting it in the most expensive quartile of that group. A relative PE gap is one signal, not investment advice — see the full DCF fair value at evidinvest.com/valuation/MMM.

MMM PE Benchmarks

3M Company • Industrials

PE Type:

Period:

Data Quality:Good

Current PE Ratio

26.7

Diluted • annual

Forward PE

38.0

NTM Estimate

Sector Companies

500

332 with PE data

Sector Median PE

63.1

332 companies

Peer Companies

Direct competitors

Sector Analysis: Industrials

Total Companies

500

With PE Data

332

Median PE

63.1

PE Range

4.8 - 197.7

Forward PE Median

21.0

Industrials Sector

7586 companies • sector

Above Median(59th %ile)

Current PE:26.7

Forward PE:38.0

Median PE:19.4

Average PE:32.9

Min PE:0.1

Max PE:199.6

25th-75th %ile:10.3 - 39.5

Min: 0.1Max: 199.6

Current: 26.7

Conglomerates Industry

397 companies • industry

High PE(75th %ile)

Current PE:26.7

Forward PE:38.0

Median PE:12.5

Average PE:23.4

Min PE:0.1

Max PE:187.3

25th-75th %ile:5.6 - 26.1

Min: 0.1Max: 187.3

Current: 26.7

Peer Companies

8 companies • peers

High PE(75th %ile)

Current PE:26.7

Forward PE:38.0

Median PE:23.1

Average PE:30.9

Min PE:6.6

Max PE:100.3

25th-75th %ile:20.4 - 25.6

Min: 6.6Max: 100.3

Current: 26.7

Peer Companies

(8 companies)

HON

MDU

CODI

VMI

JNJ

CAT

PEP

Stock List PE Comparison

No stock lists found. Create one in Stock Lists.

About PE Benchmarks

• Sector: Companies in the same broad industry sector
• Industry: Companies in the same specific industry classification
• Peers: Direct competitors identified through business analysis
• Position: Where this stock ranks relative to the benchmark group
• Forward PE: Based on next 4 quarters analyst EPS estimates from earnings data

Last updated: 8/19/2026, 12:44:54 PM• Based on latest annual diluted PE ratios

3M Company (MMM) Peer Benchmarks & Industry PE 2026 | EvidInvest

MMM PE Benchmarks

Sector Analysis: Industrials

Industrials Sector

Conglomerates Industry

Peer Companies

Peer Companies

Stock List PE Comparison

More on MMM

Compare with peers

Explore

More on MMM

Compare with peers

Explore

MMM PE Benchmarks

Sector Analysis: Industrials

Industrials Sector

Conglomerates Industry

Peer Companies

Peer Companies

Stock List PE Comparison