Is 3M Company overvalued?

3M Company (MMM) looks overvalued — trading about 49% above its fair value.

Overvalued

Price

$183.66

Fair value

$92.98

Current P/E

30.6

Normal P/E

15.5

Market cap

$94.90B

Dividend yield

1.6%

Return on equity

94.0%

Sector

Industrials

Fair value compares MMM's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 12 Nov 2026.

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