DE
Deere
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: DE
- PE Ratio
As at Jun 18, 2026, the DE stock has a price-to-earnings ratio of 33.29. This is based on the current EPS of $17.7 and the stock price of $589.24 per share. An increase of 17% has been recorded in the PE ratio compared to the average of 28.5 of the past four quarters.
DE PE ratio history
The mean historical PE ratio of Deere over the last ten years is 19.67. The current 33.29 price-to-earnings ratio is 69% more than the historical average. In the past ten years, DE's PE ratio reached its highest point in the Jan 2018 quarter at 38.36, with a price of $171.49 and an EPS of $4.47. The Oct 2023 quarter saw the lowest point at 10.38, with a price of $361.15 and an EPS of $34.8.
Deere PE ratio by year
Maximum annual increase: 57.03% in 2025
Maximum annual decrease: -38.72% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 24.89 | 57.03% | $461.63 | $18.55 |
| 2024 | 15.85 | 52.7% | $407.93 | $25.73 |
| 2023 | 10.38 | -38.72% | $361.15 | $34.8 |
| 2022 | 16.94 | -5.26% | $396.85 | $23.42 |
| 2021 | 17.88 | -30.59% | $342.31 | $19.14 |
| 2020 | 25.76 | 50.38% | $225.91 | $8.77 |
| 2019 | 17.13 | -5.46% | $176.11 | $10.28 |
| 2018 | 18.12 | -8.07% | $133 | $7.34 |
| 2017 | 19.71 | 7.82% | $133.25 | $6.76 |
| 2016 | 18.28 | 36.11% | $88.3 | $4.83 |
| 2015 | 13.43 | 36.76% | $78 | $5.81 |
| 2014 | 9.82 | 10.09% | $85.54 | $8.71 |
| 2013 | 8.92 | -19.42% | $81.84 | $9.18 |
| 2012 | 11.07 | -2.12% | $85.44 | $7.72 |
| 2011 | 11.31 | -35.19% | $75.9 | $6.71 |
Deere PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| May 2026 | 32.61 | 9.8% | $577.26 | $17.7 |
| Feb 2026 | 29.7 | 19.33% | $528 | $17.78 |
| Nov 2025 | 24.89 | -7.58% | $461.63 | $18.55 |
| Jul 2025 | 26.93 | 21.8% | $517.38 | $19.21 |
| Apr 2025 | 22.11 | 4.74% | $459.3 | $20.77 |
| Jan 2025 | 21.11 | 33.19% | $478.77 | $22.68 |
| Oct 2024 | 15.85 | 20.72% | $407.93 | $25.73 |
| Jul 2024 | 13.13 | 11.37% | $386.55 | $29.45 |
| Apr 2024 | 11.79 | 3.33% | $393.33 | $33.37 |
| Jan 2024 | 11.41 | 9.92% | $393.62 | $34.5 |
| Oct 2023 | 10.38 | -17.49% | $361.15 | $34.8 |
| Jul 2023 | 12.58 | -0.4% | $427.11 | $33.96 |
| Apr 2023 | 12.63 | -18.2% | $378.02 | $29.92 |
| Jan 2023 | 15.44 | -8.85% | $418.18 | $27.08 |
| Oct 2022 | 16.94 | -0.53% | $396.85 | $23.42 |
DE Price vs fair value
DE average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
DE's current P/E ratio is above the 3, 5 and 10-year averages.
PE comparison
Deere's P/E of 33.29 is above the Industrials sector, the industry and its peers average. Looking at its Industrials sector average of 30.6, Deere's P/E is 9% higher.
DE PE vs peers
When compared to its peer CAT, DE's PE ratio is lower, but it is higher than TTC's and AGCO's. Deere's current PE ratio of 33.29 is more than the average of its peers, which is 27.0.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AGCO Agco Corp | 10.95 | $8.23B |
| LNN Lindsay Corp | 21.65 | $1.24B |
| TTC Toro Co | 26.54 | $8.82B |
| DE Deere & Co | 33.29 | $159.06B |
| CAT Caterpillar Inc | 48.85 | $454.11B |
Frequently asked questions
What is Deere's PE ratio?
As of Jun 18, 2026, DE stock has a price to earnings ratio of 33.29.
What is the 3-year average PE ratio for Deere (DE)?
The average PE ratio for DE stock over the past 3 years is 19.37.
What is the 5-year average PE ratio for Deere (DE)?
The average PE ratio for DE stock over the past 5 years is 18.67.
What is the highest PE ratio for DE?
Over the last ten years, the quarterly PE ratio reached a historic high of 38.36 in the Jan 2018 quarter.
How does the current PE ratio for DE compare to its historical average?
DE's current price to earnings ratio is 69% above its 10-year historical average.
How is DE's PE ratio calculated (Deere PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 18, 2026), Deere's stock price is $589.24. The earnings per share for the trailing twelve months (TTM) ending May 2026 is $17.7. Therefore, Deere's price to earnings ratio for today is 33.29. PE RATIO(33.29) = STOCK PRICE($589.24) / TTM EPS($17.7)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.