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3M Co (XSGO:MMM) Price-to-Owner-Earnings

: (As of Today)
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As of today (2024-04-16), 3M Co's share price is $77.92252. 3M Co does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for 3M Co's Price-to-Owner-Earnings or its related term are showing as below:

During the past 13 years, the highest Price-to-Owner-Earnings of 3M Co was 24.90. The lowest was 9.84. And the median was 17.21.


XSGO:MMM's Price-to-Owner-Earnings is not ranked *
in the Conglomerates industry.
Industry Median: 9.985
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-04-16), 3M Co's share price is $77.92252. 3M Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-12.63. Therefore, 3M Co's PE Ratio for today is At Loss.

As of today (2024-04-16), 3M Co's share price is $77.92252. 3M Co's EPS without NRI for the trailing twelve months (TTM) ended in was $9.24. Therefore, 3M Co's PE Ratio without NRI for today is 8.43.

During the past 13 years, 3M Co's highest PE Ratio without NRI was 25.21. The lowest was 8.04. And the median was 16.25.


3M Co Price-to-Owner-Earnings Historical Data

The historical data trend for 3M Co's Price-to-Owner-Earnings 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
Price-to-Owner-Earnings
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.34 13.60 15.66 11.67 -

3M Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings 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 11.67 10.99 - - -

Competitive Comparison

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

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

* The bar in red indicates where 3M Co's Price-to-Owner-Earnings falls into.



3M Co Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

3M Co's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=77.92252/-15.52
=

* 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  (XSGO:MMM) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


3M Co Price-to-Owner-Earnings Related Terms

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3M Co (XSGO:MMM) Business Description

Industry
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.

3M Co (XSGO:MMM) Headlines

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