Deere (CHIX:DCOD) Cyclically Adjusted Revenue per Share: €158.59 (As of Apr. 2026)

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CHIX:DCOD Deere & Co CHIX:DCOD
29 GF Score
Price €483.00
GF Value €308.15
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Deere Cyclically Adjusted Revenue per Share?

Deere CHIX:DCOD 29 Cyclically Adjusted Revenue per Share is €158.59 as of Apr. 2026. GuruFocus rates CHIX:DCOD with a GF Score™ of 29/100 and a GF Value™ of €308.15 (Significantly Overvalued). The stock has 1 warning sign investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Apr. 2026 was €41.336. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €158.59 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Deere's average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.20% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Deere was 11.20% per year. The lowest was 5.10% per year. And the median was 7.60% per year.

As of today (2026-07-14), Deere's current stock price is €483.00. Deere's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €158.59. Deere's Cyclically Adjusted PS Ratio of today is 3.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Deere was 4.14. The lowest was 0.98. And the median was 2.64.


Deere  (CHIX:DCOd) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=483.00/158.59
=3.05

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Deere was 4.14. The lowest was 0.98. And the median was 2.64.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Deere Cyclically Adjusted Revenue per Share Related Terms


Deere Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Deere's Cyclically Adjusted Revenue 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.

Deere Cyclically Adjusted Revenue per Share Chart

Deere Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 139.30 139.23 150.90

Deere Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted Revenue per Share 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 135.25 130.71 150.90 133.05 158.59

CHIX:DCOD vs PCAR, CNH, OSK: Cyclically Adjusted Revenue per Share Comparison

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 Cyclically Adjusted PS Ratio vs 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.


CHIX:DCOD
29GF Score
Deere & Co CHIX:DCOD
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deere Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Deere's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=41.336/333.0200*333.0200
=41.336

Current CPI (Apr. 2026) = 333.0200.

Deere Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 18.633 240.628 25.787
201610 18.121 241.729 24.965
201701 15.740 242.839 21.585
201704 22.891 244.524 31.176
201707 20.060 244.786 27.291
201710 20.425 246.663 27.576
201801 17.012 247.867 22.856
201804 25.997 250.546 34.555
201807 26.285 252.006 34.735
201810 24.626 252.885 32.430
201901 21.054 251.712 27.855
201904 30.691 255.548 39.995
201907 27.482 256.571 35.671
201910 27.470 257.346 35.548
202001 21.093 257.971 27.229
202004 26.398 256.389 34.288
202007 23.959 259.101 30.794
202010 25.527 260.388 32.647
202101 23.077 261.582 29.379
202104 31.316 267.054 39.051
202107 30.336 273.003 37.005
202110 30.747 276.589 37.020
202201 26.660 281.148 31.579
202204 38.561 289.109 44.418
202207 44.523 296.276 50.045
202210 51.325 298.012 57.354
202301 38.460 299.170 42.812
202304 52.776 303.363 57.935
202307 48.084 305.691 52.383
202310 50.065 307.671 54.190
202401 38.686 308.417 41.772
202404 50.296 313.548 53.419
202407 42.982 314.540 45.507
202410 36.301 315.664 38.297
202501 29.310 317.671 30.726
202504 41.013 320.795 42.576
202507 37.207 323.048 38.356
202510 38.321 0.000
202601 29.353 325.252 30.054
202604 41.336 333.020 41.336

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

What does a Cyclically Adjusted Revenue per Share of €158.59 mean?
Deere (CHIX:DCOD) has a Cyclically Adjusted Revenue per Share of €158.59 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Deere and its competitors.
Is Deere's Cyclically Adjusted Revenue per Share too high?
Deere's current Cyclically Adjusted Revenue per Share is €158.59. Overall, Deere has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deere's Cyclically Adjusted Revenue per Share compare to PCAR and CNH?
Deere's Cyclically Adjusted Revenue per Share of €158.59 can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Farm & Heavy Construction Machinery company?
A good Cyclically Adjusted Revenue per Share depends on the Farm & Heavy Construction Machinery industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Deere and its competitors. Deere's current Cyclically Adjusted Revenue per Share is €158.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deere stock overvalued right now?
Based on GuruFocus' analysis, Deere (CHIX:DCOD) is currently considered Significantly Overvalued. The stock's GF Value™ is €308.15, compared to a current price of €483.00 — trading 56.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €158.59. Deere's overall GF Score™ is 29/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Deere (CHIX:DCOD), the current Cyclically Adjusted Revenue per Share is €158.59 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Deere (CHIX:DCOD) Overvalued in 2026?

Based on GuruFocus' analysis, Deere stock appears to be overvalued. The current stock price of €483.00 is trading 56.7% above its estimated GF Value™ of €308.15. GuruFocus considers Deere to be Significantly Overvalued.

Key valuation signals for CHIX:DCOD:

  • Cyclically Adjusted Revenue per Share: €158.59
  • GF Value™: €308.15 vs. price of €483.00 (56.7% above fair value)
  • GF Score™: 29/100 with 1 warning sign

No single metric tells the full story. See the CHIX:DCOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deere Business Description

Address One John Deere Place, Moline, IL, USA, 61265
Deere is the world's leading manufacturer of agricultural equipment and a major producer of construction machinery. The company is divided into four reporting segments: production & precision agriculture, or PPA, small agriculture & turf, or SAT, construction & forestry, or CF, and financial services, or FS, its captive finance subsidiary. The core PPA business is the largest contributor to sales and profits by far. Geographically, Deere sales are 60% US/Canada, 17% Europe, 14% Latin America, and 9% rest of the world. Deere goes to market through a robust dealer network that includes over 2,000 dealer locations in North America with reach into over 100 countries. John Deere Financial provides retail financing for machinery to its customers and wholesale financing for dealers.
29GF Score

Get the complete analysis for CHIX:DCOD

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€483.00
Price
€308.15
GF Value