Stock Valuation and AnalysisNameCourseTutor’s NameDateStock Valuation and Analysis 3M CompanyThe Minnesota Mining and Manufacturing Company 3M (NYSE MMM) is among the leading US corporations in the manufacturing industry. 3M Company stock ticker symbol is MMM and is a component counter in several market index measures. The counter is valued as $200.53 per share as at 10th July 2018(Yahoo Finance, 2018). On the same date, the company had a market capitalisation of 119.05 Billion and a price to earnings ratio of 29.70, the 52 week range of the stock is between $191.44 and $259.77. The Beta for the stock is 1.07 and the dividend yield is 2.75% (Yahoo Finance, 2018).Relationship between Value of the Stock and P/E RatioValue of stock or price of a share is the sum an investor is willing to pay for a share in the company. Share prices are not constant but can fluctuate due to a variety of factors. The most common cause of fluctuations in stock value is business performance. If a company is profitable, investors are likely to be optimistic about its potential for profitability in the