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Analyzing 3M’s Valuations before Its 1Q18 Earnings

Analyzing 3M’s Valuations before Its 1Q18 Earnings

As of April 17, 2018, 3M’s (MMM) one-year forward PE (price-to-earnings) multiple was 20.40x—compared to Honeywell International’s (HON) multiple of 21.50x. A forward PE multiple takes future earnings into consideration.