3M Co (BUE:MMM) Cyclically Adjusted PS Ratio: 2.80 (As of Sep. 03, 2026) — Near Median

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BUE:MMM 3M Co BUE:MMM
20 GF Score
Price ARS26,840.00
! 8 Warning Signs
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What is 3M Co Cyclically Adjusted PS Ratio?

3M Co BUE:MMM -0.81% 20 Cyclically Adjusted PS Ratio is 2.80 as of Sep. 03, 2026, which is 6% above its 10-year median of 2.64. GuruFocus rates BUE:MMM with a GF Score™ of 20/100. The stock has 8 warning signs investors should review. Among 459 Conglomerates companies, 3M Co ranks worse than 80.17% on this metric.

As of today (2026-09-03), 3M Co's current share price is ARS26840.00. 3M Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ARS9,596.89. 3M Co's Cyclically Adjusted PS Ratio for today is 2.80.

The historical rank and industry rank for 3M Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

BUE:MMM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.17   Med: 2.64   Max: 4.72
Current: 2.74

During the past years, 3M Co's highest Cyclically Adjusted PS Ratio was 4.72. The lowest was 1.17. And the median was 2.64.

BUE:MMM's Cyclically Adjusted PS Ratio is ranked worse than
80.17% of 459 companies
in the Conglomerates industry
Industry Median: 0.8 vs BUE:MMM: 2.74

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

3M Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ARS92,149.881. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ARS9,596.89 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


3M Co  (BUE:MMM) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


3M Co Cyclically Adjusted PS Ratio Related Terms


3M Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for 3M Co's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

3M Co Cyclically Adjusted PS Ratio Chart

3M Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.59 1.67 1.49 2.12 2.63

3M Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.48 2.53 2.63 2.36 2.63

BUE:MMM vs HON, VMI, GHC: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, 3M Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


3M Co Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, 3M Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where 3M Co's Cyclically Adjusted PS Ratio falls into.


BUE:MMM
20GF Score
3M Co BUE:MMM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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3M Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

3M Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26840.00/9596.89
=2.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

3M Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, 3M Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=92149.881/333.9520*333.9520
=92,149.881

Current CPI (Jun. 2026) = 333.9520.

3M Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 929.163 241.428 1,285.252
201612 946.270 241.432 1,308.893
201703 967.971 243.801 1,325.900
201706 1,050.680 244.955 1,432.413
201709 1,168.615 246.819 1,581.164
201712 1,243.837 246.524 1,684.955
201803 1,361.135 249.554 1,821.465
201806 1,731.601 251.989 2,294.829
201809 2,506.563 252.439 3,315.937
201812 2,527.132 251.233 3,359.196
201903 2,611.425 254.202 3,430.699
201906 3,114.418 256.143 4,060.490
201909 3,832.802 256.759 4,985.110
201912 4,160.148 256.974 5,406.344
202003 4,309.627 258.115 5,575.842
202006 4,229.244 257.797 5,478.592
202009 5,321.978 260.280 6,828.359
202012 5,980.176 260.474 7,667.144
202103 6,799.404 264.877 8,572.562
202106 7,202.120 271.696 8,852.403
202109 7,456.496 274.310 9,077.729
202112 7,498.930 278.802 8,982.298
202203 8,243.373 287.504 9,575.139
202206 9,141.886 296.311 10,303.199
202209 10,505.351 296.808 11,820.042
202212 16.686 296.797 18.775
202303 14,339.516 301.836 15,865.271
202306 13,611.843 305.109 14,898.617
202309 19,792.410 307.789 21,474.825
202312 19,537.619 306.746 21,270.455
202403 45,588.056 312.332 48,743.717
202406 50,480.826 314.175 53,658.543
202409 54,120.198 315.301 57,321.570
202412 55,576.818 315.605 58,807.654
202503 57,943.983 319.799 60,508.347
202506 69,661.556 322.561 72,121.602
202509 82,235.336 324.800 84,552.509
202512 82,594.006 324.054 85,116.781
202603 79,123.666 330.213 80,019.583
202606 92,149.881 333.952 92,149.881

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 2.80 mean?
3M Co (BUE:MMM) has a Cyclically Adjusted PS Ratio of 2.80 as of Sep. 03, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on 3M Co and its competitors. This is near median its historical median of 2.64. Over the past decade, 3M Co's Cyclically Adjusted PS Ratio has ranged from 1.17 to 4.72. According to the industry distribution chart, 3M Co ranks #368 out of 459 companies in the Conglomerates industry, placing it in the top 80.2%.
Is 3M Co's Cyclically Adjusted PS Ratio too high?
3M Co's current Cyclically Adjusted PS Ratio of 2.80 is near median its 10-year median of 2.64. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 4.72. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.80. 3M Co's value of 2.80 is 250% above this industry median. Based on the distribution chart, 3M Co ranks #368 out of 459 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, 3M Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does 3M Co's Cyclically Adjusted PS Ratio compare to HON and VMI?
According to the Conglomerates industry distribution chart, 3M Co ranks #368 out of 459 companies for Cyclically Adjusted PS Ratio. This places 3M Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.80. 3M Co's value of 2.80 is 250% above this benchmark. Historically, 3M Co's own Cyclically Adjusted PS Ratio has ranged from 1.17 to 4.72 over the past decade. While the company's 10-year median is 2.64 vs. the industry median of 0.80, 3M Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.80, based on 459 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 3M Co's current Cyclically Adjusted PS Ratio of 2.80 is 250% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on 3M Co and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 3M Co's current Cyclically Adjusted PS Ratio is 2.80, which is near median its own 10-year median of 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 3M Co stock overvalued right now?
3M Co (BUE:MMM) has a current Cyclically Adjusted PS Ratio of 2.80. The current Cyclically Adjusted PS Ratio is 2.80, which is near median its 10-year median of 2.64 and 250% above the Conglomerates industry median of 0.80. 3M Co's overall GF Score™ is 20/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For 3M Co (BUE:MMM), the current Cyclically Adjusted PS Ratio is 2.80 as of Sep. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

3M Co Business Description

Address 3M Center, St. Paul, MN, USA, 55144
3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.
20GF Score

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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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