DE Deere PE ratio, current and historical analysis
As at Nov 21, 2024, the DE stock has a price-to-earnings ratio of 14.86. This is based on the current EPS of $29.45 and the stock price of $437.54 per share. An increase of 27% has been recorded in the PE ratio compared to the average of 11.7 of the past four quarters.
DE PE ratio history
The mean historical PE ratio of Deere over the last ten years is 17.82. The current 14.86 price-to-earnings ratio is 17% less 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: 50.38% in 2020
Maximum annual decrease: -38.72% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.38 | -38.72% |
| 2022 | 16.94 | -5.26% |
| 2021 | 17.88 | -30.59% |
| 2020 | 25.76 | 50.38% |
| 2019 | 17.13 | -5.46% |
| 2018 | 18.12 | -8.07% |
| 2017 | 19.71 | 7.82% |
| 2016 | 18.28 | 36.11% |
| 2015 | 13.43 | 36.76% |
| 2014 | 9.82 | 10.09% |
DE average PE ratio chart
DE's current P/E ratio is above the 3-year average, but it is lower than the 5 and 10-year averages.
DE PE vs peers
When compared to its peer stocks CAT and TTC, DE's PE ratio is lower. Deere's current PE ratio of 14.86 is less than the average of its peers, which is 26.05.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DE Deere & Co | 14.86 | $119.71B |
| CAT Caterpillar Inc | 17.98 | $188.1B |
| LNN Lindsay Corp | 21.64 | $1.42B |
| TTC Toro Co | 21.83 | $8.6B |
| AGCO Agco Corp | 42.74 | $7.27B |
Frequently asked questions
What is Deere's PE ratio?
As of Nov 21, 2024, DE stock has a price to earnings ratio of 14.86.
What is the 3-year average PE ratio for Deere (DE)?
The average PE ratio for DE stock over the past 3 years is 14.68.
What is the 5-year average PE ratio for Deere (DE)?
The average PE ratio for DE stock over the past 5 years is 17.29.
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 17% below 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 (Nov 21, 2024), Deere's stock price is $437.54. The earnings per share for the trailing twelve months (TTM) ending Jul 2024 is $29.45. Therefore, Deere's price to earnings ratio for today is 14.86. PE RATIO(14.86) = STOCK PRICE($437.54) / TTM EPS($29.45)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.