3M MMM Price / book
Price / book at other companies
Other financials
Where this comes from
Calculated from 3M’s reported figures.
Based on the most recent quarter.
The official record: 3M’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is 3M's price / book?
- 3M (MMM) reported price / book of 23.3× in Q1 2026.
- How has 3M's price / book changed year-over-year?
- 3M's price / book increased by 31.0% year-over-year, from 17.7× to 23.3×.
- What is the long-term trend for 3M's price / book?
- Over 4 years (2021 to 2025), 3M's price / book has grown at a 30.6% compound annual growth rate (CAGR), from 24.9× to 72.5×.
- What does price / book mean?
- How the market price compares to the company's accounting net worth.
- How do you interpret price / book?
- Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
- How does price / book compare across companies?
- A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.