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Deere (UKEX:DE) Cyclically Adjusted PS Ratio : 2.68 (As of May. 28, 2024)


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What is Deere Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Deere's current share price is ₴14956.00. Deere's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was ₴5,574.16. Deere's Cyclically Adjusted PS Ratio for today is 2.68.

The historical rank and industry rank for Deere's Cyclically Adjusted PS Ratio or its related term are showing as below:

UKEX:DE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.66   Max: 3.75
Current: 2.57

During the past years, Deere's highest Cyclically Adjusted PS Ratio was 3.75. The lowest was 0.97. And the median was 1.66.

UKEX:DE's Cyclically Adjusted PS Ratio is ranked worse than
84.8% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.04 vs UKEX:DE: 2.57

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Deere's adjusted revenue per share data for the three months ended in Apr. 2024 was ₴2,175.347. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₴5,574.16 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deere Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Deere's Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Chart

Deere Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 2.21 3.02 3.09 2.61

Deere Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial 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 2.82 3.13 2.61 2.77 2.68

Competitive Comparison of Deere's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Deere's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

* The bar in red indicates where Deere's Cyclically Adjusted PS Ratio falls into.



Deere Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Deere's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14956.00/5574.16
=2.68

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Deere's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=2175.347/131.7762*131.7762
=2,175.347

Current CPI (Apr. 2024) = 131.7762.

Deere Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 1,026.409 100.520 1,345.563
201410 987.646 100.176 1,299.202
201501 722.793 98.604 965.959
201504 946.318 99.824 1,249.226
201507 897.196 100.691 1,174.181
201510 813.720 100.346 1,068.588
201601 681.335 99.957 898.220
201604 982.978 100.947 1,283.182
201607 829.936 101.524 1,077.246
201610 804.467 101.988 1,039.432
201701 674.981 102.456 868.139
201704 989.005 103.167 1,263.262
201707 932.648 103.278 1,190.002
201710 967.465 104.070 1,225.032
201801 836.270 104.578 1,053.767
201804 1,285.818 105.708 1,602.908
201807 1,237.812 106.324 1,534.124
201810 1,140.999 106.695 1,409.219
201901 968.839 106.200 1,202.165
201904 1,390.082 107.818 1,698.965
201907 1,241.946 108.250 1,511.861
201910 1,224.896 108.577 1,486.614
202001 943.701 108.841 1,142.563
202004 1,156.649 108.173 1,409.024
202007 1,110.120 109.318 1,338.188
202010 1,210.571 109.861 1,452.064
202101 1,133.041 110.364 1,352.865
202104 1,509.962 112.673 1,765.971
202107 1,445.449 115.183 1,653.681
202110 1,437.848 116.696 1,623.659
202201 1,215.684 118.619 1,350.524
202204 1,678.602 121.978 1,813.437
202207 1,825.751 125.002 1,924.693
202210 2,038.317 125.734 2,136.262
202301 1,670.621 126.223 1,744.120
202304 2,332.677 127.992 2,401.643
202307 2,144.116 128.974 2,190.696
202310 2,131.073 129.810 2,163.357
202401 1,698.727 130.124 1,720.291
202404 2,175.347 131.776 2,175.347

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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  (UKEX:DE) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Deere Cyclically Adjusted PS Ratio Related Terms

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


Deere (UKEX:DE) Business Description

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 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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