Deere's book value per share for the quarter that ended in Jan. 2024 was $79.30.
During the past 12 months, Deere's average Book Value Per Share Growth Rate was 10.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 23.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 19.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.20% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Deere was 29.80% per year. The lowest was -14.80% per year. And the median was 7.70% per year.
Deere's current price is $394.62. Its book value per share for the quarter that ended in Jan. 2024 was $79.30. Hence, today's PB Ratio of Deere is 4.98.
During the past 13 years, the highest P/B Ratio of Deere was 8.53. The lowest was 2.68. And the median was 4.61.
Good Sign:
Deere & Co stock PB Ratio (=5.01) is close to 3-year low of 4.51
Deere Book Value per Share Historical Data
The historical data trend for Deere's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Deere's Book Value per Share
For the Farm & Heavy Construction Machinery subindustry, Deere's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Deere's PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's PB Ratio distribution charts can be found below:
* The bar in red indicates where Deere's PB Ratio falls into.
Deere Book Value per Share Calculation
Deere's Book Value Per Share for the fiscal year that ended in Oct. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Deere (NYSE:DE) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Deere Book Value per Share Related Terms
Thank you for viewing the detailed overview of Deere's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
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