Deere (FRA:DCO0) Cyclically Adjusted Revenue per Share: €4.85 (As of Apr. 2026)

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FRA:DCO0 Deere & Co FRA:DCO0
89 GF Score
Price €18.70
GF Value €11.25
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Deere Cyclically Adjusted Revenue per Share?

Deere FRA:DCO0 -1.58% 89 Cyclically Adjusted Revenue per Share is €4.85 as of Apr. 2026. GuruFocus rates FRA:DCO0 with a GF Score™ of 89/100 and a GF Value™ of €11.25 (Significantly Overvalued). The stock has 5 warning signs 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 €1.608. 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 €4.85 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 (2026-08-15), Deere's current stock price is €18.70. Deere's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €4.85. Deere's Cyclically Adjusted PS Ratio of today is 3.86.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Deere was 4.14. The lowest was 1.04. And the median was 2.66.


Deere  (FRA:DCO0) 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
=18.70/4.85
=3.86

* 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 1.04. And the median was 2.66.


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 0.00 4.98 4.92

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 4.85 4.83 4.92 5.37 4.85

FRA:DCO0 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.


FRA:DCO0
89GF Score
Deere & Co FRA:DCO0
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)
=1.608/333.0200*333.0200
=1.608

Current CPI (Apr. 2026) = 333.0200.

Deere Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 0.725 240.628 1.003
201610 0.705 241.729 0.971
201701 0.612 242.839 0.839
201704 0.891 244.524 1.213
201707 0.780 244.786 1.061
201710 0.795 246.663 1.073
201801 0.662 247.867 0.889
201804 1.011 250.546 1.344
201807 1.023 252.006 1.352
201810 0.958 252.885 1.262
201901 0.819 251.712 1.084
201904 1.194 255.548 1.556
201907 1.069 256.571 1.388
201910 1.069 257.346 1.383
202001 0.821 257.971 1.060
202004 1.027 256.389 1.334
202007 0.932 259.101 1.198
202010 0.993 260.388 1.270
202101 0.898 261.582 1.143
202104 1.218 267.054 1.519
202107 1.180 273.003 1.439
202110 1.196 276.589 1.440
202201 1.037 281.148 1.228
202204 1.500 289.109 1.728
202207 1.732 296.276 1.947
202210 1.997 298.012 2.232
202301 1.496 299.170 1.665
202304 2.053 303.363 2.254
202307 1.871 305.691 2.038
202310 1.948 307.671 2.108
202401 1.505 308.417 1.625
202404 1.957 313.548 2.079
202407 1.672 314.540 1.770
202410 1.412 315.664 1.490
202501 1.140 317.671 1.195
202504 1.596 320.795 1.657
202507 1.447 323.048 1.492
202510 1.491 0.000
202601 1.142 325.252 1.169
202604 1.608 333.020 1.608

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 €4.85 mean?
Deere (FRA:DCO0) has a Cyclically Adjusted Revenue per Share of €4.85 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 €4.85. Overall, Deere has a GF Score™ of 89/100 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 €4.85 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 €4.85. 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 (FRA:DCO0) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.25, compared to a current price of €18.70 — trading 66.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €4.85. Deere's overall GF Score™ is 89/100 with 5 warning signs 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 (FRA:DCO0), the current Cyclically Adjusted Revenue per Share is €4.85 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 (FRA:DCO0) Overvalued in 2026?

Based on GuruFocus' analysis, Deere stock appears to be overvalued. The current stock price of €18.70 is trading 66.2% above its estimated GF Value™ of €11.25. GuruFocus considers Deere to be Significantly Overvalued.

Key valuation signals for FRA:DCO0:

  • Cyclically Adjusted Revenue per Share: €4.85
  • GF Value™: €11.25 vs. price of €18.70 (66.2% above fair value)
  • GF Score™: 89/100 with 5 warning signs

No single metric tells the full story. See the FRA:DCO0 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.
89GF Score

Get the complete analysis for FRA:DCO0

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

€18.70
Price
€11.25
GF Value