3M (MMM) Price to Book (2009 - 2026)
3M's (MMM) Price to Book came in at 27.79 for Q2 2026, up 49.1% from 18.64 a year earlier and up 21.5% from the prior quarter.
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Analysis
3M (MMM) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, 3M's Price to Book stood at 17.88, unchanged from FY2024.
- In prior years, 3M's Price to Book was 17.88 in FY2024 (+72.4%), 10.38 in FY2023 (+178.2%), 3.73 in FY2022 (-33.6%) and 5.62 in FY2021 (-14.0%).
- The Q2 2026 figure stands as the highest quarterly Price to Book in data going back to Q1 2009.
- On a year-over-year basis, Price to Book increased in seven of the last eight quarters, with growth averaging 43.1%.
- The strongest year-over-year quarter for Price to Book in the past five years was Q1 2024, with growth of 215.0%; the weakest was Q3 2022, with a decline of 38.0%.
- According to Business Quant data, Price to Book for the three prior quarters was 22.88 (Q1 2026), 17.88 (Q4 2025) and 17.63 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.79 |
| Mar 31, 2026 | 22.88 |
| Dec 31, 2025 | 17.88 |
| Sep 30, 2025 | 17.63 |
| Jun 30, 2025 | 18.64 |
| Mar 31, 2025 | 17.47 |
| Dec 31, 2024 | 17.88 |
| Sep 30, 2024 | 15.86 |
| Jun 30, 2024 | 14.08 |
| Mar 31, 2024 | 9.95 |
| Dec 31, 2023 | 10.38 |
| Sep 30, 2023 | 9.14 |
| Jun 30, 2023 | 5.88 |
| Mar 31, 2023 | 3.16 |
| Dec 31, 2022 | 3.73 |
| Sep 30, 2022 | 3.61 |
| Jun 30, 2022 | 4.46 |
| Mar 31, 2022 | 4.72 |
| Dec 31, 2021 | 5.62 |
| Sep 30, 2021 | 5.82 |
API Access
3M Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=MMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "MMM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();