3M India (NSE:3MINDIA) EV-to-EBITDA: 34.01 (As of Sep. 11, 2026) — 19% Below Median

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NSE:3MINDIA 3M India Ltd NSE:3MINDIA
86 GF Score
Price ₹32,800.00
GF Value ₹39,587.09
Valuation Modestly Undervalued
View Full Analysis

What is 3M India EV-to-EBITDA?

3M India NSE:3MINDIA -0.68% 86 EV-to-EBITDA is 34.01 as of Sep. 11, 2026, which is 19% below its 10-year median of 42.21. GuruFocus rates NSE:3MINDIA with a GF Score™ of 86/100 and a GF Value™ of ₹39,587.09 (Modestly Undervalued). Among 461 Conglomerates companies, 3M India ranks worse than 90.67% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, 3M India's enterprise value is ₹362,610 Mil. 3M India's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹10,663 Mil. Therefore, 3M India's EV-to-EBITDA for today is 34.01.

The historical rank and industry rank for 3M India's EV-to-EBITDA or its related term are showing as below:

NSE:3MINDIA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 28.69   Med: 42.21   Max: 123.25
Current: 34

During the past 13 years, the highest EV-to-EBITDA of 3M India was 123.25. The lowest was 28.69. And the median was 42.21.

NSE:3MINDIA's EV-to-EBITDA is ranked worse than
90.67% of 461 companies
in the Conglomerates industry
Industry Median: 8.65 vs NSE:3MINDIA: 34.00

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-11), 3M India's stock price is ₹32800.00. 3M India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹512.820. Therefore, 3M India's PE Ratio (TTM) for today is 63.96.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


3M India  (NSE:3MINDIA) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

3M India's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=32800.00/512.820
=63.96

3M India's share price for today is ₹32800.00.
3M India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹512.820.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


3M India EV-to-EBITDA Related Terms


3M India EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for 3M India's EV-to-EBITDA 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 India EV-to-EBITDA Chart

3M India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.93 37.42 40.46 37.72 33.28

3M India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 36.96 34.84 42.46 33.28 34.80

NSE:3MINDIA vs MMM, HON: EV-to-EBITDA Comparison

For the Conglomerates subindustry, 3M India's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 India EV-to-EBITDA vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, 3M India's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where 3M India's EV-to-EBITDA falls into.


NSE:3MINDIA
86GF Score
3M India Ltd NSE:3MINDIA
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

3M India EV-to-EBITDA Calculation

3M India's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=362609.655/10662.586
=34.01

3M India's current Enterprise Value is ₹362,610 Mil.
3M India's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹10,663 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 34.01 mean?
3M India (NSE:3MINDIA) has a EV-to-EBITDA of 34.01 as of Sep. 11, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on 3M India. This is 19% below median its historical median of 42.21. Over the past decade, 3M India's EV-to-EBITDA has ranged from 28.69 to 123.25. According to the industry distribution chart, 3M India ranks #418 out of 461 companies in the Conglomerates industry, placing it in the top 90.7%.
Is 3M India's EV-to-EBITDA too high?
3M India's current EV-to-EBITDA of 34.01 is 19% below median its 10-year median of 42.21. Over the past 10 years, this metric has ranged from a low of 28.69 to a high of 123.25. The Conglomerates industry median EV-to-EBITDA is 8.65. 3M India's value of 34.01 is 293.2% above this industry median. Based on the distribution chart, 3M India ranks #418 out of 461 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, 3M India has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does 3M India's EV-to-EBITDA compare to MMM and HON?
According to the Conglomerates industry distribution chart, 3M India ranks #418 out of 461 companies for EV-to-EBITDA. This places 3M India in the lower half of its industry. The industry median EV-to-EBITDA is 8.65. 3M India's value of 34.01 is 293.2% above this benchmark. Historically, 3M India's own EV-to-EBITDA has ranged from 28.69 to 123.25 over the past decade. While the company's 10-year median is 42.21 vs. the industry median of 8.65, 3M India 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 EV-to-EBITDA for a Conglomerates company?
The median EV-to-EBITDA among Conglomerates companies is 8.65, based on 461 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 3M India's current EV-to-EBITDA of 34.01 is 293.2% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on 3M India. For the Conglomerates industry, the median EV-to-EBITDA is 8.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 3M India's current EV-to-EBITDA is 34.01, which is 19% below median its own 10-year median of 42.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 3M India stock overvalued right now?
Based on GuruFocus' analysis, 3M India (NSE:3MINDIA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹39,587.09, compared to a current price of ₹32,800.00 — trading 17.1% below its estimated fair value. The current EV-to-EBITDA is 34.01, which is 19% below median its 10-year median of 42.21 and 293.2% above the Conglomerates industry median of 8.65. 3M India's overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For 3M India (NSE:3MINDIA), the current EV-to-EBITDA is 34.01 as of Sep. 11, 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.

Is 3M India (NSE:3MINDIA) Overvalued in 2026?

Based on GuruFocus' analysis, 3M India stock appears to be undervalued. The current stock price of ₹32,800.00 is trading 17.1% below its estimated GF Value™ of ₹39,587.09. GuruFocus considers 3M India to be Modestly Undervalued.

Key valuation signals for NSE:3MINDIA:

  • EV-to-EBITDA: 34.01 (19% below median its 10-year median of 42.21)
  • GF Value™: ₹39,587.09 vs. price of ₹32,800.00 (17.1% below fair value)
  • GF Score™: 86/100
  • Industry Position: 293.2% above the Conglomerates median (#418 of 461)

No single metric tells the full story. See the NSE:3MINDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


3M India Business Description

Other Exchanges 523395:India
Address 3M India Limited, 61 Saint Marks Road, 5th Floor Marksquare, Bengaluru, KA, IND, 560001
3M India Ltd is an Indian conglomerate operating in various industries. The company's operating segments are; the Safety and Industrial segment which offers solutions including personal safety products, industrial adhesives and tapes, abrasives, electrical products, and products for the automotive aftermarket. Transportation and Electronics which derives maximum revenue, consist of products for automotive and aerospace, commercial solutions, materials, and solutions for transportation safety. The Consumer business segment serves consumers with home care, office supplies and stationery, home improvement, and consumer healthcare products; and the Healthcare segment provides products and services such as medical and surgical supplies, oral care solutions and filtration.
86GF Score

Get the complete analysis for NSE:3MINDIA

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹32,800.00
Price
₹39,587.09
GF Value