As of June 14, 2025, 3M Co (MMM) reports a Forward P/E of 18.24.
Forward P/E gauges the price investors pay for each dollar of anticipated earnings, offering insight into a stock's future valuation.
Comparing 3M Co's Forward P/E to Peers
To better understand 3M Co's position, it's useful to compare its Forward P/E against industry peers. Below are selected comparisons:
| Company | Forward P/E |
|---|---|
| 3M Co (MMM) | 18.24 |
| Smiths Group PLC (SMIN.L) | 2118.95 |
| Melrose Industries PLC (MRO.L) | 1354.39 |
| Rheinmetall AG (RHM.DE) | 62.21 |
| Lifco AB (publ) (LIFCO B.ST) | 47.22 |
| General Electric Co (GE) | 41.49 |
Compared to its competitors, 3M Co's Forward P/E is about average compared to peers, indicating growth expectations in line with industry peers.