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DE Deere PE ratio, current and historical analysis

As at Apr 22, 2024, the DE stock has a price-to-earnings ratio of 11.58. This is based on the current EPS of $34.5 and the stock price of $399.61 per share. The current PE ratio is comparable to the past four-quarter average.

DE PE ratio history

How has DE's PE ratio performed in the past

The mean historical PE ratio of Deere over the last ten years is 17.49. The current 11.58 price-to-earnings ratio is 34% 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 Jul 2014 quarter saw the lowest point at 9.47, with a price of $85.11 and an EPS of $8.99.

Average
17.49
Median
16.88
Minimum
9.47
Maximum
38.36

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

What is the average PE ratio of DE for the past years

DE's current P/E ratio is lower than the 3, 5 and 10-year averages.

3-year avg
16.72
5-year avg
17.65
10-year avg
17.49
15-year avg
16.49

DE PE vs peers

What is DE's PE ratio compared to its peers

When compared to its peers CAT and TTC, DE's PE ratio is lower, but it is higher than AGCO's. Deere's current PE ratio of 11.58 is less than the average of its peers, which is 18.79.

Stock name PE ratio Market cap
AGCO Agco Corp 7.61 $8.89B
DE Deere & Co 11.58 $111.23B
CAT Caterpillar Inc 17.67 $182.43B
LNN Lindsay Corp 18.6 $1.29B
TTC Toro Co 31.26 $9.01B

Frequently asked questions

What is Deere's PE ratio?

As of Apr 22, 2024, DE stock has a price to earnings ratio of 11.58.

What is the 3-year average PE ratio for Deere (DE)?

The average PE ratio for DE stock over the past 3 years is 16.72.

What is the 5-year average PE ratio for Deere (DE)?

The average PE ratio for DE stock over the past 5 years is 17.65.

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 34% 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 (Apr 22, 2024), Deere's stock price is $399.61. The earnings per share for the trailing twelve months (TTM) ending Jan 2024 is $34.5. Therefore, Deere's price to earnings ratio for today is 11.58. PE RATIO(11.58) = STOCK PRICE($399.61) / TTM EPS($34.5)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.