GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » 3M Co (NYSE:MMM) » Definitions » Median PS Value

3M Co (MMM) Median PS Value

: $157.94 (As of Today)
View and export this data going back to 1946. Start your Free Trial

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. 3M Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $58.993. 3M Co's 10-Year median PS Ratio is 2.6773. Therefore, the Median PS Value for today is $157.94.

As of today (2024-04-21), 3M Co's share price is $92.27. 3M Co's Median PS Value is $157.94. Therefore, 3M Co's Price to Median PS Value for today is 0.58.

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

MMM' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.58   Med: 1.11   Max: 1.78
Current: 0.58

During the past 13 years, the highest Price to Median PS Value of 3M Co was 1.78. The lowest was 0.58. And the median was 1.11.

MMM's Price-to-Median-PS-Value is ranked better than
77.32% of 366 companies
in the Conglomerates industry
Industry Median: 0.94 vs MMM: 0.58

3M Co Median PS Value Historical Data

The historical data trend for 3M Co's Median PS Value 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 142.93 145.63 161.72 161.42 157.94

3M Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value 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 Premium Member Only Premium Member Only Premium Member Only 161.42 159.17 158.73 158.39 157.94

Competitive Comparison

For the Conglomerates subindustry, 3M Co's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution

For the Conglomerates industry and Industrials sector, 3M Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where 3M Co's Price-to-Median-PS-Value falls into.



3M Co Median PS Value Calculation

3M Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=58.993*2.6773
=157.94

10-Year Median PS Ratio is 2.6773.
3M Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $58.993.

* 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  (NYSE:MMM) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

3M Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=92.27/157.94
=0.58

* 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 Median PS Value Related Terms

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


3M Co (MMM) Business Description

Address
3M Center, St. Paul, MN, USA, 55144
3M is a multinational conglomerate that has operated since 1902, when it was known as Minnesota Mining and Manufacturing. The company is well known for its research and development laboratory and it leverages its science and technology across multiple product categories. As of 2020, 3M is organized into four business segments: safety and industrial, transportation and electronics, healthcare, and consumer. Nearly 50% of the company's revenue comes from outside the Americas, with the safety and industrial segment constituting a plurality of net sales. Many of the company's 60,000-plus products touch and concern a variety of consumers and end markets.
Executives
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
Goralski Christian T Jr officer: Group President 3M COMPANY, 3M CENTER, BUILDING 220-9E-02, 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
Kevin H Rhodes officer: EVP & Chief Legal Officer 3M COMPANY, 3M CENTER, BLDG 220-09-E-02, 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
John Patrick Banovetz officer: Sr Vice President 3M CENTER, MAPLEWOOD MN 55144
Zoe L Dickson officer: Executive Vice President 3M COMPANY, 3M CENTER, BLDG 220 09 E-02, ST. PAUL MN 55144-1000
Michael G. Vale officer: Executive Vice President 3M CENTER OFFICE OF GENERAL COUNSEL, ST PAUL MN 551441000
Theresa E Reinseth officer: Vice President/CAO 3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST PAUL MN 55144-1000
Mojdeh Poul officer: Executive Vice President 3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, 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

3M Co (MMM) Headlines

From GuruFocus

3M Co at Morgan Stanley Laguna Conference Transcript

By GuruFocus Research 01-23-2024

Q1 2022 3M Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2021 3M Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

3M Co at Barclays Industrial Select Conference Transcript

By GuruFocus Research 01-23-2024

3M Co at Morgan Stanley Laguna Conference Transcript

By GuruFocus Research 01-23-2024