DE Deere PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: DE
- PE Ratio
As at May 15, 2025, the DE stock has a price-to-earnings ratio of 22.77. This is based on the current EPS of $22.68 and the stock price of $516.32 per share. An increase of 47% has been recorded in the PE ratio compared to the average of 15.5 of the past four quarters.
DE PE ratio history
The mean historical PE ratio of Deere over the last ten years is 18.18. The current 22.77 price-to-earnings ratio is 25% 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: 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 Price vs fair value
DE average PE ratio chart
DE's current P/E ratio is above the 3, 5 and 10-year averages.
DE PE vs 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 | 16.97 | $164.78B |
| TTC Toro Co | 19.4 | $7.63B |
| LNN Lindsay Corp | 20.03 | $1.54B |
| DE Deere & Co | 22.77 | $140.14B |
| AGCO Agco Corp | N/A | $7.88B |
Frequently asked questions
What is Deere's PE ratio?
As of May 15, 2025, DE stock has a price to earnings ratio of 22.77.
What is the 3-year average PE ratio for Deere (DE)?
The average PE ratio for DE stock over the past 3 years is 14.39.
What is the 5-year average PE ratio for Deere (DE)?
The average PE ratio for DE stock over the past 5 years is 17.62.
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 25% 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 (May 15, 2025), Deere's stock price is $516.32. 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 22.77. PE RATIO(22.77) = STOCK PRICE($516.32) / TTM EPS($22.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.