Deere & Co (DE) valuation
Deere P/E ratio history
Deere trades at 37.6 times its earnings over the last twelve months and 31.2 times the earnings analysts expect over the next twelve. At its last 9 fiscal year ends its P/E ranged from 10.4 (year to Oct 2023) to 26.0 (year to Nov 2020), with a median of 18.0.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Nov 2, 2025 | $461.63 | $18.50 | 25.0 | 23.1 |
| Oct 27, 2024 | $407.93 | $25.62 | 15.9 | 17.5 |
| Oct 29, 2023 | $361.15 | $34.63 | 10.4 | 10.9 |
| Oct 30, 2022 | $396.85 | $23.28 | 17.1 | 15.7 |
| Oct 31, 2021 | $342.31 | $18.99 | 18.0 | 16.2 |
| Nov 1, 2020 | $225.91 | $8.70 | 26.0 | — |
| Nov 3, 2019 | $176.11 | $10.14 | 17.4 | — |
| Oct 28, 2018 | $133.00 | $7.21 | 18.5 | — |
| Oct 29, 2017 | $133.25 | $6.66 | 20.0 | — |
| Oct 31, 2016 | $88.30 | — | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Deere valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| DeereDE | $182B | 37.6 | 31.2 | 3.8 |
| Archer Daniels MidlandADM | $37.1B | 21.0 | 13.7 | 0.5 |
| CF IndustriesCF | $18.9B | 9.2 | 9.4 | 2.5 |
| Bunge GlobalBG | $18.6B | 16.2 | 9.0 | 0.2 |
| CortevaCTVA | $7.67B | — | 10.6 | — |
| Mosaic Company (The)MOS | $5.84B | — | 20.2 | 0.5 |
| Peer median | 16.2 | 10.6 | 0.5 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: DE financials · DE returns
No forecast, no recommendation. This page describes Deere & Co from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.