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Deere Shiller PE Ratio

: 36.52 (As of Today)
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As of today (2022-05-16), Deere's current share price is $366.69. Deere's E10 for the quarter that ended in Jan. 2022 was $10.04. Deere's Shiller PE Ratio for today is 36.52.

The historical rank and industry rank for Deere's Shiller PE Ratio or its related term are showing as below:

DE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.25   Med: 19.81   Max: 44.34
Current: 36.51

During the past years, Deere's highest Shiller PE Ratio was 44.34. The lowest was 12.25. And the median was 19.81.

DE's Shiller PE Ratio is ranked worse than
79.17% of 120 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 18.40 vs DE: 36.51

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Deere's adjusted earnings per share data for the three months ended in Jan. 2022 was $2.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $10.04 for the trailing ten years ended in Jan. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deere Shiller PE Ratio Historical Data

The historical data trend for Deere's Shiller PE Ratio 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.

* Premium members only.

Deere Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.62 19.99 22.71 27.84 35.10

Deere Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.39 41.72 38.41 35.10 37.47

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Deere's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Deere's Shiller PE Ratio falls into.



Deere Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Deere's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=366.69/10.04
=36.52

* 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.

Deere's E10 for the quarter that ended in Jan. 2022 is calculated as:

For example, Deere's adjusted earnings per share data for the three months ended in Jan. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2022 (Change)*Current CPI (Jan. 2022)
=2.92/118.6193*118.6193
=2.920

Current CPI (Jan. 2022) = 118.6193.

Deere Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201204 2.610 97.075 3.189
201207 1.980 96.661 2.430
201210 1.750 97.595 2.127
201301 1.650 97.158 2.014
201304 2.760 98.107 3.337
201307 2.560 98.557 3.081
201310 2.110 98.536 2.540
201401 1.810 98.692 2.175
201404 2.650 100.023 3.143
201407 2.330 100.520 2.750
201410 1.830 100.176 2.167
201501 1.120 98.604 1.347
201504 2.030 99.824 2.412
201507 1.530 100.691 1.802
201510 1.080 100.346 1.277
201601 0.800 99.957 0.949
201604 1.560 100.947 1.833
201607 1.550 101.524 1.811
201610 0.900 101.988 1.047
201701 0.620 102.456 0.718
201704 2.500 103.167 2.874
201707 1.970 103.278 2.263
201710 1.570 104.070 1.789
201801 -1.660 104.578 -1.883
201804 3.670 105.708 4.118
201807 2.780 106.324 3.101
201810 2.420 106.695 2.690
201901 1.540 106.200 1.720
201904 3.520 107.818 3.873
201907 2.810 108.250 3.079
201910 2.270 108.577 2.480
202001 1.630 108.841 1.776
202004 2.110 108.173 2.314
202007 2.570 109.318 2.789
202010 2.390 109.861 2.581
202101 3.870 110.364 4.159
202104 5.680 112.673 5.980
202107 5.320 115.183 5.479
202110 4.120 116.696 4.188
202201 2.920 118.619 2.920

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Deere  (NYSE:DE) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Deere Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Deere's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Deere Business Description

Deere logo
Industry
Address
One John Deere Place, Moline, IL, USA, 61265
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 a robust dealer network, which includes over 1,900 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.
Executives
Howze Marc A officer: Group Pres., Life Sol & CAO DEERE & COMPANY ONE JOHN DEERE PLACE MOLINE IL 61265
Reed Cory J officer: Pres, Ag & Turf Prod & Prec Ag DEERE & COMPANY ONE JOHN DEERE PLACE MOLINE IL 61265
Von Pentz Markwart officer: PresAg Turf Small Ag & Turf DEERE & COMPANY ONE JOHN DEERE PLACE MOLINE IL 61265
Kalathur Rajesh officer: President, JD Financial & CIO DEERE & COMPANY ONE JOHN DEERE PLACE MOLINE IL 61265
Stone John H officer: Pres., WW Const & For & Pow Sy ONE JOHN DEERE PLACE MOLINE IL 61265
Field James M. officer: Pres., C&F Division DEERE & COMPANY ONE JOHN DEERE PLACE MOLINE IL 61265
Erwin Tami A. director 1095 AVENUE OF THE AMERICAS NEW YORK NY 10036
Holliday Charles O Jr director 1007 MARKET ST WILMINGTON DE 19898
Jones Clayton M director 400 COLLINS ROAD NE CEDAR RAPIDS IA 52498
Smith Sherry M director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SMITH SHERRY M a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Page Gregory R director EATON CENTER 1111 SUPERIOR AVENUE CLEVELAND OH 44114
Heuberger Alan Cletus director 2365 CARILLON POINT KIRKLAND WA 98033
Talton Sheila director C/O ACCO BRANDS CORPORATION 300 TOWER PARKWAY LINCOLNSHIRE IL 60201
Jain Dipak C director 130 EAST RANDOLPH DRIVE CHICAGO IL 60601
Stockton Dmitri L director 777 LONG RIDGE ROAD SYNCHRONY FINANCIAL C/O CORP. SECRETARY STAMFORD CT 06902

Deere Headlines

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