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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding (end-of-period, EOP). 3M Co's share price for the quarter that ended in Mar. 2017 was €179.25. 3M Co's shares outstanding (EOP) for the quarter that ended in Mar. 2017 was 598 Mil. Therefore, 3M Co's market cap for the quarter that ended in Mar. 2017 was €107,120 Mil.
3M Co's quarterly market cap increased from Sep. 2016 (€94,942 Mil) to Dec. 2016 (€100,907 Mil) and increased from Dec. 2016 (€100,907 Mil) to Mar. 2017 (€107,120 Mil).
3M Co's annual market cap declined from Dec. 2014 (€86,759 Mil) to Dec. 2015 (€85,367 Mil) but then increased from Dec. 2015 (€85,367 Mil) to Dec. 2016 (€100,907 Mil).
Enterprise value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. 3M Co's enterprise value for Today is €117,510 Mil.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
3M Co's Market Cap for the fiscal year that ended in Dec. 2016 is calculated as
|Market Cap (A: Dec. 2016 )||=||Share Price (A: Dec. 2016 )||*||Shares Outstanding (EOP) (A: Dec. 2016 )|
3M Co's Market Cap for the quarter that ended in Mar. 2017 is calculated as
|Market Cap (Q: Mar. 2017 )||=||Share Price (Q: Mar. 2017 )||*||Shares Outstanding (EOP) (Q: Mar. 2017 )|
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
3M Co Annual Data
3M Co Quarterly Data