Deere & Company
DE
#135
Rank
A$183.84 B
Marketcap
$671.93
Share price
8.05%
Change (1 day)
15.26%
Change (1 year)

P/E ratio for Deere & Company (DE)

P/E ratio as of November 2024 (TTM): 12.9

According to Deere & Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8726. At the end of 2022 the company had a P/E ratio of 18.3.

P/E ratio history for Deere & Company from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.31.92%
202117.9-41.51%
202030.681.64%
201916.9-17.1%
201820.4-12.23%
201723.28.69%
201621.362.51%
201513.128.94%
201410.22.22%
20139.96-11.03%
201211.2-2.89%
201111.5-39.07%
201018.9-27.95%
200926.3226.16%
20088.05-64.9%
200722.975.15%
200613.114.4%
200511.4-12.61%
200413.1-46.04%
200324.3-29.06%
200234.2-121.16%
2001-162

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.31-50.97%๐Ÿ‡บ๐Ÿ‡ธ USA
21.9 70.51%๐Ÿ‡บ๐Ÿ‡ธ USA
23.2 80.35%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2 57.20%๐Ÿ‡บ๐Ÿ‡ธ USA
7.09-44.89%๐Ÿ‡ฏ๐Ÿ‡ต Japan

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.