3m Company Stock Price To Book
MMM Stock | USD 127.32 0.52 0.41% |
3M Company fundamentals help investors to digest information that contributes to 3M's financial success or failures. It also enables traders to predict the movement of 3M Stock. The fundamental analysis module provides a way to measure 3M's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 3M stock.
As of the 22nd of November 2024, Price To Book Ratio is likely to grow to 11.06. 3M | Price To Book |
3M Company Company Price To Book Analysis
3M's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current 3M Price To Book | 15.00 X |
Most of 3M's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 3M Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
3M Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for 3M is extremely important. It helps to project a fair market value of 3M Stock properly, considering its historical fundamentals such as Price To Book. Since 3M's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of 3M's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of 3M's interrelated accounts and indicators.
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3M Price To Book Historical Pattern
Today, most investors in 3M Stock are looking for potential investment opportunities by analyzing not only static indicators but also various 3M's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of 3M price to book as a starting point in their analysis.
3M Price To Book |
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Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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3M Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, 3M Company has a Price To Book of 14.9971 times. This is 154.19% higher than that of the Industrial Conglomerates sector and 47.17% higher than that of the Industrials industry. The price to book for all United States stocks is 57.7% lower than that of the firm.
3M Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 3M's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of 3M could also be used in its relative valuation, which is a method of valuing 3M by comparing valuation metrics of similar companies.3M is currently under evaluation in price to book category among its peers.
3M ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, 3M's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to 3M's managers, analysts, and investors.Environmental | Governance | Social |
3M Fundamentals
Return On Equity | 1.13 | ||||
Return On Asset | 0.0903 | ||||
Profit Margin | 0.13 % | ||||
Operating Margin | 0.21 % | ||||
Current Valuation | 76.12 B | ||||
Shares Outstanding | 544.56 M | ||||
Shares Owned By Insiders | 0.11 % | ||||
Shares Owned By Institutions | 68.27 % | ||||
Number Of Shares Shorted | 7.01 M | ||||
Price To Earning | 11.26 X | ||||
Price To Book | 15.00 X | ||||
Price To Sales | 2.14 X | ||||
Revenue | 32.68 B | ||||
Gross Profit | 15 B | ||||
EBITDA | (9.13 B) | ||||
Net Income | (6.98 B) | ||||
Cash And Equivalents | 3.65 B | ||||
Cash Per Share | 6.49 X | ||||
Total Debt | 16.85 B | ||||
Debt To Equity | 1.17 % | ||||
Current Ratio | 1.56 X | ||||
Book Value Per Share | 8.52 X | ||||
Cash Flow From Operations | 6.68 B | ||||
Short Ratio | 1.86 X | ||||
Earnings Per Share | 9.59 X | ||||
Price To Earnings To Growth | 1.90 X | ||||
Target Price | 146.6 | ||||
Number Of Employees | 85 K | ||||
Beta | 1.0 | ||||
Market Capitalization | 69.81 B | ||||
Total Asset | 50.58 B | ||||
Retained Earnings | 37.48 B | ||||
Working Capital | 1.08 B | ||||
Current Asset | 10.99 B | ||||
Current Liabilities | 7.12 B | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 3.29 % | ||||
Net Asset | 50.58 B | ||||
Last Dividend Paid | 4.41 |
About 3M Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 3M Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 3M using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 3M Company based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3M. If investors know 3M will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3M listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 4.41 | Earnings Share 9.59 | Revenue Per Share 58.972 | Quarterly Revenue Growth 0.004 |
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3M's market value can be influenced by many factors that don't directly affect 3M's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.