DE Deere PE ratio, current and historical analysis

As at Apr 1, 2025, the DE stock has a price-to-earnings ratio of 21.1. This is based on the current EPS of $22.68 and the stock price of $478.45 per share. An increase of 36% has been recorded in the PE ratio compared to the average of 15.5 of the past four quarters.

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 18.03. The current 21.1 price-to-earnings ratio is 17% 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.

Today
21.1
Average
18.03
Median
16.99
Minimum
10.38
Maximum
38.36

Deere PE ratio by year

Maximum annual increase: 52.7% in 2024

Maximum annual decrease: -38.72% in 2023

Year PE ratio PE change Price EPS
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
2010 17.45 -20.68% $76.8 $4.4

Deere PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
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
Jul 2022 17.03 -12.89% $343.18 $20.15
May 2022 19.55 -4.91% $377.55 $19.31
Jan 2022 20.56 14.99% $373.79 $18.18
Oct 2021 17.88 -14.04% $342.31 $19.14
Aug 2021 20.8 -18.05% $361.59 $17.38

DE average PE ratio chart

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

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

3-year avg
14.82
5-year avg
17.51
10-year avg
18.03
15-year avg
16.37

DE PE vs peers

What is DE's PE ratio compared to its peers

When compared to its peer stocks CAT and TTC, DE's PE ratio is higher.

Stock name PE ratio Market cap
CAT Caterpillar Inc 14.91 $160.29B
TTC Toro Co 18.42 $7.24B
LNN Lindsay Corp 20.41 $1.39B
DE Deere & Co 21.1 $129.86B
AGCO Agco Corp N/A $6.92B

Frequently asked questions

What is Deere's PE ratio?

As of Apr 1, 2025, DE stock has a price to earnings ratio of 21.1.

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

The average PE ratio for DE stock over the past 3 years is 14.82.

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

The average PE ratio for DE stock over the past 5 years is 17.51.

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% 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 (Apr 1, 2025), Deere's stock price is $478.45. The earnings per share for the trailing twelve months (TTM) ending Jan 2025 is $22.68. Therefore, Deere's price to earnings ratio for today is 21.1. PE RATIO(21.1) = STOCK PRICE($478.45) / TTM EPS($22.68)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.