GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Deere & Co (NYSE:DE) » Definitions » PB Ratio

Deere (DE) PB Ratio : 5.77 (As of Mar. 16, 2025)


View and export this data going back to 1958. Start your Free Trial

What is Deere PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2025-03-16), Deere's share price is $477.50. Deere's Book Value per Share for the quarter that ended in Jan. 2025 was $82.82. Hence, Deere's PB Ratio of today is 5.77.

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

DE' s PB Ratio Range Over the Past 10 Years
Min: 2.94   Med: 4.84   Max: 8.53
Current: 5.77

During the past 13 years, Deere's highest PB Ratio was 8.53. The lowest was 2.94. And the median was 4.84.

DE's PB Ratio is ranked worse than
91.09% of 202 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.555 vs DE: 5.77

During the past 12 months, Deere's average Book Value Per Share Growth Rate was 4.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Deere was 29.80% per year. The lowest was -14.80% per year. And the median was 7.90% per year.

Back to Basics: PB Ratio


Deere PB Ratio Historical Data

The historical data trend for Deere's PB 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 PB Ratio Chart

Deere Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.48 5.72 5.84 4.72 4.82

Deere Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
PB 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 4.96 4.75 4.41 4.82 5.75

Competitive Comparison of Deere's PB Ratio

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

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

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



Deere PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Deere's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2025)
=477.50/82.822
=5.77

* 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.

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

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


Deere  (NYSE:DE) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


Deere PB Ratio Related Terms

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


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 (PPA), small agriculture & turf (SAT), construction & forestry (CF), and financial services (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 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.
Executives
Rajesh Kalathur officer: Sr. VP and CFO DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Reed Cory J officer: Pres., John Deere Financial DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Deanna M Kovar officer: Pres Ag & Turf, Sml Ag & Turf ONE JOHN DEERE PLACE, MOLINE IL 61265
Ryan D Campbell officer: Senior Vice President & CFO ONE JOHN DEERE PLACE, MOLINE IL 61265
Laurence Neil Hunn director 100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022
May John C Ii officer: President, Ag Solutions & CIO DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Pentz Markwart Von officer: Pres.Ag Div.Europe,Africa,SA DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Tami A. Erwin director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Jahmy J Hindman officer: Sr VP & Chief Technology Offcr ONE JOHN DEERE PLACE, MOLINE IL 61265
Marc A Howze officer: Sr. VP & Chief Admin Offcr DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Justin Ryan Rose officer: Pres, L.C. Sol, Cus Sup & S.M. ONE JOHN DEERE PLACE, MOLINE IL 61265
Joshua A Jepsen officer: Senior V.P. & CFO ONE JOHN DEERE PLACE, MOLINE IL 61265
Felecia J. Pryor officer: Snr V.P. & Chief People Offcr 3850 W. HAMLIN ROAD, AUBURN HILLS MI 48326
John H Stone officer: Pres., WW Const & For & Pow Sy C/O SCHLAGE LOCK COMPANY LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032
Leanne G Caret director 1000 WILSON BLVD, ARLINGTON VA 22209