Is 3M Company overvalued?

3M Company (MMM) looks overvalued — trading about 43% above its fair value.

Overvalued

Price

$164.01

Fair value

$93.00

Current P/E

27.3

Normal P/E

15.5

Market cap

$85.54B

Dividend yield

1.4%

Return on equity

69.1%

Sector

Industrials

Fair value compares MMM's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 28 Jun 2026.

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