As at Jun 5, 2025, the DE stock has a price-to-earnings ratio of 24.59. This is based on the current EPS of $20.77 and the stock price of $510.75 per share. An increase of 36% has been recorded in the PE ratio compared to the average of 18.1 of the past four quarters.
The mean historical PE ratio of Deere over the last ten years is 18.28. The current 24.59 price-to-earnings ratio is 35% 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.
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 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
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 |
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 |
DE's current P/E ratio is above the 3, 5 and 10-year averages.
When compared to its peer stocks CAT and TTC, DE's PE ratio is higher.
Stock name | PE ratio | Market cap |
---|---|---|
CAT Caterpillar Inc | 17.23 | $167.25B |
TTC Toro Co | 18.47 | $7.14B |
LNN Lindsay Corp | 19.49 | $1.49B |
DE Deere & Co | 25.17 | $141.58B |
AGCO Agco Corp | N/A | $7.64B |
As of Jun 5, 2025, DE stock has a price to earnings ratio of 24.59.
The average PE ratio for DE stock over the past 3 years is 15.03.
The average PE ratio for DE stock over the past 5 years is 17.84.
Over the last ten years, the quarterly PE ratio reached a historic high of 38.36 in the Jan 2018 quarter.
DE's current price to earnings ratio is 35% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 5, 2025), Deere's stock price is $510.75. The earnings per share for the trailing twelve months (TTM) ending Apr 2025 is $20.77. Therefore, Deere's price to earnings ratio for today is 24.59. PE RATIO(24.59) = STOCK PRICE($510.75) / TTM EPS($20.77)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.