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3M Co (MMM) Cyclically Adjusted PS Ratio : 2.27 (As of Jun. 13, 2025)


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What is 3M Co Cyclically Adjusted PS Ratio?

As of today (2025-06-13), 3M Co's current share price is $142.895. 3M Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $62.93. 3M Co's Cyclically Adjusted PS Ratio for today is 2.27.

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

MMM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.8   Max: 4.72
Current: 2.3

During the past years, 3M Co's highest Cyclically Adjusted PS Ratio was 4.72. The lowest was 1.14. And the median was 2.80.

MMM's Cyclically Adjusted PS Ratio is ranked worse than
76.05% of 451 companies
in the Conglomerates industry
Industry Median: 0.78 vs MMM: 2.30

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 Mar. 2025 was $10.871. 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 $62.93 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


3M Co Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

3M Co Cyclically Adjusted PS Ratio Chart

3M Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.78 2.59 1.63 1.46 2.06

3M Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.40 1.61 2.17 2.06 2.33

Competitive Comparison of 3M Co's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.


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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
=142.895/62.93
=2.27

* 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 Mar. 2025 is calculated as:

For example, 3M Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=10.871/134.9266*134.9266
=10.871

Current CPI (Mar. 2025) = 134.9266.

3M Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 11.953 100.684 16.018
201509 12.218 100.392 16.421
201512 11.673 99.792 15.783
201603 11.925 100.470 16.015
201606 12.340 101.688 16.374
201609 12.458 101.861 16.502
201612 11.938 101.863 15.813
201703 12.557 102.862 16.471
201706 12.745 103.349 16.639
201709 13.338 104.136 17.282
201712 13.028 104.011 16.900
201803 13.511 105.290 17.314
201806 13.886 106.317 17.623
201809 13.623 106.507 17.258
201812 13.405 105.998 17.063
201903 13.361 107.251 16.809
201906 13.941 108.070 17.406
201909 13.707 108.329 17.072
201912 13.920 108.420 17.323
202003 13.887 108.902 17.206
202006 12.355 108.767 15.326
202009 14.337 109.815 17.615
202012 14.697 109.897 18.044
202103 15.096 111.754 18.226
202106 15.206 114.631 17.898
202109 15.252 115.734 17.781
202112 14.851 117.630 17.035
202203 15.355 121.301 17.080
202206 15.195 125.017 16.399
202209 15.121 125.227 16.292
202212 14.709 125.222 15.849
202303 14.517 127.348 15.381
202306 11.343 128.729 11.889
202309 11.312 129.860 11.753
202312 10.824 129.419 11.285
202403 10.822 131.776 11.081
202406 11.274 132.554 11.476
202409 11.388 133.029 11.550
202412 11.005 133.157 11.151
202503 10.871 134.927 10.871

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.


3M Co  (NYSE: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

Thank you for viewing the detailed overview of 3M Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


3M Co Business Description

Industry
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.
Executives
John Patrick Banovetz officer: Sr Vice President 3M CENTER, MAPLEWOOD MN 55144
Kevin H Rhodes officer: EVP & Chief Legal Officer 3M COMPANY, 3M CENTER, BLDG 220-09-E-02, ST. PAUL MN 55144-1000
Zoe L Dickson officer: Executive Vice President 3M COMPANY, 3M CENTER, BLDG 220 09 E-02, ST. PAUL MN 55144-1000
Michael F Roman officer: Senior Vice President 3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST. PAUL MN 55144-1000
Chavez Rodriguez Beatriz Karina officer: Senior Vice President 3M COMPANY, 3M CENTER BLDG 220-09-E-02, ST. PAUL MN 55144-1000
Goralski Christian T Jr officer: Group President 3M COMPANY, 3M CENTER, BUILDING 220-9E-02, ST. PAUL MN 55144-1000
Theresa E Reinseth officer: Vice President/CAO 3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST PAUL MN 55144-1000
Thomas W Sweet director ONE DELL WAY, ROUND ROCK TX 78682
Bryan C Hanson officer: Group Pres & CEO Health Care ZIMMER BIOMET HOLDINGS, 345 E. MAIN STREET, WARSAW IN 46580
Audrey Choi director 3M COMPANY, 3M CENTER, BUILDING 220-9E-02, ST. PAUL MN 55144-1000
Eric D. Hammes officer: VP, Corp Controller & CAO 3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST. PAUL MN 55144-1000
Pedro Pizarro director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Anne H Chow director 2200 WEST PARKWAY BLVD., SALT LAKE CITY UT 84119
Michael G. Vale officer: Executive Vice President 3M CENTER OFFICE OF GENERAL COUNSEL, ST PAUL MN 551441000
Mojdeh Poul officer: Executive Vice President 3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST PAUL MN 55144-1000