PB Ratio: 29.94

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 29.94 is 148% above its 5-year average of 12.08, near the high end of its 5-year range (2.82–32.85).

As of Tuesday, September 8, 2026. 35.02% above its 12-month average of 22.17.

MMM PB Ratio Metrics

P/B vs. its own history

At 29.94, P/B is above its 20-year median — higher than 99% of readings in its 20-year history.

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for 3M Company (MMM)?

The P/B ratio for MMM stock is 29.94.

Is 3M Company's P/B ratio high or low?

The P/B ratio of 29.94 is 148% above its 5-year average of 12.08, near the high end of its 5-year range (2.82–32.85).

What is the TTM average P/B ratio for 3M Company (MMM)?

The TTM average P/B ratio for MMM stock is 22.17.

What is the 3Y average P/B ratio for 3M Company (MMM)?

The 3Y average P/B ratio for MMM stock is 16.70.

What is the 5Y average P/B ratio for 3M Company (MMM)?

The 5Y average P/B ratio for MMM stock is 12.08.

What is the 10Y average P/B ratio for 3M Company (MMM)?

The 10Y average P/B ratio for MMM stock is 7.88.

What is the 15Y average P/B ratio for 3M Company (MMM)?

The 15Y average P/B ratio for MMM stock is 6.80.

What is the 20Y average P/B ratio for 3M Company (MMM)?

The 20Y average P/B ratio for MMM stock is 5.93.

Showing the most recent 260 of 5,030 data points. The chart above shows the full history.

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