3M Co (BUE:MMM) Price-to-Tangible-Book : (As of May. 19, 2024)

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What is 3M Co Price-to-Tangible-Book?

As of today (2024-05-19), 3M Co's share price is ARS11609.00. 3M Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ARS-91,716.43. Hence, 3M Co's Price to Tangible Book Ratio of today is .

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

During the past 13 years, 3M Co's highest Price to Tangible Book Ratio was 1449.63. The lowest was 9.32. And the median was 79.13.

BUE:MMM's Price-to-Tangible-Book is not ranked ^*
in the Conglomerates industry.
Industry Median: 1.17
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, 3M Co's share price is ARS11609.00. 3M Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ARS37,042.84. Hence, 3M Co's P/B Ratio of today is 0.31.

3M Co Price-to-Tangible-Book Historical Data

The historical data trend for 3M Co's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

3M Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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3M Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of 3M Co's Price-to-Tangible-Book

For the Conglomerates subindustry, 3M Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Conglomerates Industry

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

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

3M Co Price-to-Tangible-Book Calculation

3M Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	11609.00	/	-91716.425
	=

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

3M Co Price-to-Tangible-Book Related Terms

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

3M Co (BUE:MMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » 3M Co (BUE:MMM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MMM:USA MMM:Mexico 1MMM:Italy MMMd:UK MMM:Germany MMM:Germany MMM:Germany MMM:Germany MMM:Chile MMM:Switzerland MMMC34:Brazil MMM:Austria

Address

3M Center, St. Paul, MN, USA, 55144

Website

https://www.3m.com

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.