3M
MMM
$105.26
Share price
0.38%
Change (1 day)
5.64%
Change (1 year)
Categories
3M (MMM) - P/B ratio
P/B ratio as of May 2024 : 11.8
According to 3M's latest financial reports the company has a price-to-book ratio of 11.8.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
3M - P/B ratio (from 2001 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 12.4 | 176.38% |
| 2022-12-31 | 4.49 | -33.21% |
| 2021-12-31 | 6.72 | -13.82% |
| 2020-12-31 | 7.80 | -22.19% |
| 2019-12-31 | 10.0 | -10.17% |
| 2018-12-31 | 11.2 | -7.52% |
| 2017-12-31 | 12.1 | 16.16% |
| 2016-12-31 | 10.4 | 29.74% |
| 2015-12-31 | 8.00 | 0.79% |
| 2014-12-31 | 7.94 | 53.21% |
| 2013-12-31 | 5.18 | 46.57% |
| 2012-12-31 | 3.54 | -2.07% |
| 2011-12-31 | 3.61 | -5.87% |
| 2010-12-31 | 3.84 | -13.14% |
| 2009-12-31 | 4.42 | 14.13% |
| 2008-12-31 | 3.87 | -23.82% |
| 2007-12-31 | 5.08 | -11.6% |
| 2006-12-31 | 5.75 | 2.09% |
| 2005-12-31 | 5.63 | -7.98% |
| 2004-12-31 | 6.12 | -27.66% |
| 2003-12-31 | 8.46 | 5.33% |
| 2002-12-31 | 8.03 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Apple AAPL | 39.3 | 233.98% | 🇺🇸 USA |
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