Deere (STU:DCO) Price-to-Tangible-Book

: 6.71 (As of Today)

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As of today (2024-04-19), Deere's share price is €376.25. Deere's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was €56.06. Hence, Deere's Price to Tangible Book Ratio of today is 6.71.

The historical rank and industry rank for Deere's Price-to-Tangible-Book or its related term are showing as below:

STU:DCO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.07 Med: 6.48 Max: 12.03
Current: 6.56

During the past 13 years, Deere's highest Price to Tangible Book Ratio was 12.03. The lowest was 3.07. And the median was 6.48.

STU:DCO's Price-to-Tangible-Book is ranked worse than
90.26% of 195 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.84 vs STU:DCO: 6.56

A closely related ratio is called PB Ratio. As of today, Deere's share price is €376.25. Deere's Book Value per Sharefor the quarter that ended in Jan. 2024 was €72.80. Hence, Deere's P/B Ratio of today is 5.17.

Deere Price-to-Tangible-Book Historical Data

The historical data trend for Deere's Price-to-Tangible-Book 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

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Price-to-Tangible-Book

7.47

8.34

7.87

7.74

6.30

Deere Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Price-to-Tangible-Book																7.66	6.35	6.93	6.30	6.53

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Deere's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Deere's Price-to-Tangible-Book falls into.

Deere Price-to-Tangible-Book Calculation

Deere's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	376.25	/	56.055
	=	6.71

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Deere Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Deere's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Deere (STU:DCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Deere & Co (STU:DCO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

DE:USA DE:Mexico 1DE:Italy DCOd:UK DCO:Germany DEEC34:Brazil DEER:Austria DE:Argentina

Address

One John Deere Place, Moline, IL, USA, 61265

Website

https://www.deere.com

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.