3M India (NSE:3MINDIA) PS Ratio: 7.86 (As of Jul. 24, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:3MINDIA 3M India Ltd NSE:3MINDIA
86 GF Score
Price ₹35,500.00
GF Value ₹38,321.62
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is 3M India PS Ratio?

3M India NSE:3MINDIA +0.72% 86 PS Ratio is 7.86 as of Jul. 24, 2026, which is 1% below its 10-year median of 7.97. GuruFocus rates NSE:3MINDIA with a GF Score™ of 86/100 and a GF Value™ of ₹38,321.62 (Fairly Valued). The stock has 1 warning sign investors should review. Among 548 Conglomerates companies, 3M India ranks worse than 91.61% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, 3M India's share price is ₹35500.00. 3M India's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4,518.30. Hence, 3M India's PS Ratio for today is 7.86.

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

NSE:3MINDIA' s PS Ratio Range Over the Past 10 Years
Min: 5.16   Med: 7.97   Max: 13.26
Current: 7.85

During the past 13 years, 3M India's highest PS Ratio was 13.26. The lowest was 5.16. And the median was 7.97.

NSE:3MINDIA's PS Ratio is ranked worse than
91.61% of 548 companies
in the Conglomerates industry
Industry Median: 0.915 vs NSE:3MINDIA: 7.85

3M India's Revenue per Sharefor the three months ended in Mar. 2026 was ₹1,242.11. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4,518.30.

During the past 12 months, the average Revenue per Share Growth Rate of 3M India was 14.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 8.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 13.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 8.40% per year.

During the past 13 years, 3M India's highest 3-Year average Revenue per Share Growth Rate was 33.10% per year. The lowest was -1.30% per year. And the median was 10.80% per year.

Back to Basics: PS Ratio


3M India  (NSE:3MINDIA) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


3M India PS Ratio Related Terms


3M India PS Ratio Historical Data

* Premium members only.

The historical data trend for 3M India's 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 India PS Ratio Chart

3M India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.64 6.55 8.41 7.31 6.66

3M India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.31 6.99 6.97 8.08 6.66

NSE:3MINDIA vs HON, MMM: PS Ratio Comparison

For the Conglomerates subindustry, 3M India's PS Ratio, along with its competitors' market caps and 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 India PS Ratio vs Conglomerates Industry

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

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


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

3M India PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

3M India's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=35500.00/4518.301
=7.86

3M India's Share Price of today is ₹35500.00.
3M India's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹4,518.30.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 7.86 mean?
3M India (NSE:3MINDIA) has a PS Ratio of 7.86 as of Jul. 24, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on 3M India and its competitors. This is near median its historical median of 7.97. Over the past decade, 3M India's PS Ratio has ranged from 5.16 to 13.26. According to the industry distribution chart, 3M India ranks #502 out of 548 companies in the Conglomerates industry, placing it in the top 91.6%.
Is 3M India's PS Ratio too high?
3M India's current PS Ratio of 7.86 is near median its 10-year median of 7.97. Over the past 10 years, this metric has ranged from a low of 5.16 to a high of 13.26. The Conglomerates industry median PS Ratio is 0.92. 3M India's value of 7.86 is 759% above this industry median. Based on the distribution chart, 3M India ranks #502 out of 548 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 Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 3M India's PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, 3M India ranks #502 out of 548 companies for PS Ratio. This places 3M India in the lower half of its industry. The industry median PS Ratio is 0.92. 3M India's value of 7.86 is 759% above this benchmark. Historically, 3M India's own PS Ratio has ranged from 5.16 to 13.26 over the past decade. While the company's 10-year median is 7.97 vs. the industry median of 0.92, 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 PS Ratio for a Conglomerates company?
The median PS Ratio among Conglomerates companies is 0.92, based on 548 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 3M India's current PS Ratio of 7.86 is 759% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on 3M India and its competitors. For the Conglomerates industry, the median PS Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 3M India's current PS Ratio is 7.86, which is near median its own 10-year median of 7.97. 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 Fairly Valued. The stock's GF Value™ is ₹38,321.62, compared to a current price of ₹35,500.00 — trading 7.4% below its estimated fair value. The current PS Ratio is 7.86, which is near median its 10-year median of 7.97 and 759% above the Conglomerates industry median of 0.92. 3M India's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For 3M India (NSE:3MINDIA), the current PS Ratio is 7.86 as of Jul. 24, 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 ₹35,500.00 is trading 7.4% below its estimated GF Value™ of ₹38,321.62. GuruFocus considers 3M India to be Fairly Valued.

Key valuation signals for NSE:3MINDIA:

  • PS Ratio: 7.86 (near median its 10-year median of 7.97)
  • GF Value™: ₹38,321.62 vs. price of ₹35,500.00 (7.4% below fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 759% above the Conglomerates median (#502 of 548)

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

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

₹35,500.00
Price
₹38,321.62
GF Value