Intrinsiqs

Is 3M Company overvalued?

3M Company (MMM) looks overvalued — trading about 45% above its fair value.

Overvalued
Current price $169.50 Fair value $92.98
Price
$169.50
Fair value
$92.98
Current P/E
28.2
Normal P/E
15.5
Market cap
$87.41B
Dividend yield
1.8%
Return on equity
77.1%
Sector
Industrials

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Fair value compares MMM's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 24 Sep 2026.