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DeereDE +1.65%89 Shiller PE Ratio is 35.57 as of Sep. 02, 2026, which is 35% above its 10-year median of 26.39. GuruFocus rates DE with a GF Score™ of 89/100 and a GF Value™ of $436.42 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 137 Farm & Heavy Construction Machinery companies, Deere ranks worse than 80.29% on this metric.
As of today (2026-09-02), Deere's current share price is $687.23. Deere's E10 for the quarter that ended in Jul. 2026 was $19.32. Deere's Shiller PE Ratio for today is 35.57.
The historical rank and industry rank for Deere's Shiller PE Ratio or its related term are showing as below:
DE'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.48 Med: 26.39 Max: 45.6
Current: 35.57
During the past years, Deere's highest Shiller PE Ratio was 45.60. The lowest was 13.48. And the median was 26.39.
DE's Shiller PE Ratio is ranked worse than 80.29% of 137
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 20.32
vs DE: 35.57
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.
Deere's adjusted earnings per share data for the three months ended in Jul. 2026 was $5.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $19.32 for the trailing ten years ended in Jul. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Deere Shiller PE Ratio Related Terms
Deere Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Deere's Shiller PE 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.
For the Farm & Heavy Construction Machinery subindustry, Deere's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Deere's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Deere's Shiller PE Ratio for today is calculated as
* 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 E10 for the quarter that ended in Jul. 2026 is calculated as:
For example, Deere's adjusted earnings per share data for the three months ended in Jul. 2026 was:
Add all the adjusted EPS together and divide 10 will get our E10.
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 (DE) has a Shiller PE Ratio of 35.57 as of Sep. 02, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Deere and its competitors. This is 35% above median its historical median of 26.39. Over the past decade, Deere's Shiller PE Ratio has ranged from 13.48 to 45.60. According to the industry distribution chart, Deere ranks #110 out of 137 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 80.3%.
Is Deere's Shiller PE Ratio too high?
Deere's current Shiller PE Ratio of 35.57 is 35% above median its 10-year median of 26.39. Over the past 10 years, this metric has ranged from a low of 13.48 to a high of 45.60. The Farm & Heavy Construction Machinery industry median Shiller PE Ratio is 20.32. Deere's value of 35.57 is 75% above this industry median. Based on the distribution chart, Deere ranks #110 out of 137 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. 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 Shiller PE Ratio compare to PCAR and CNH?
According to the Farm & Heavy Construction Machinery industry distribution chart, Deere ranks #110 out of 137 companies for Shiller PE Ratio. This places Deere in the lower half of its industry. The industry median Shiller PE Ratio is 20.32. Deere's value of 35.57 is 75% above this benchmark. Historically, Deere's own Shiller PE Ratio has ranged from 13.48 to 45.60 over the past decade. While the company's 10-year median is 26.39 vs. the industry median of 20.32, Deere has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Farm & Heavy Construction Machinery company?
The median Shiller PE Ratio among Farm & Heavy Construction Machinery companies is 20.32, based on 137 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deere's current Shiller PE Ratio of 35.57 is 75% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Deere and its competitors. For the Farm & Heavy Construction Machinery industry, the median Shiller PE Ratio is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deere's current Shiller PE Ratio is 35.57, which is 35% above median its own 10-year median of 26.39. 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 (DE) is currently considered Significantly Overvalued. The stock's GF Value™ is $436.42, compared to a current price of $687.23 — trading 57.5% above its estimated fair value. The current Shiller PE Ratio is 35.57, which is 35% above median its 10-year median of 26.39 and 75% above the Farm & Heavy Construction Machinery industry median of 20.32. Deere's overall GF Score™ is 89/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Deere (DE), the current Shiller PE Ratio is 35.57 as of Sep. 02, 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 (DE) Overvalued in 2026?
Based on GuruFocus' analysis, Deere stock appears to be overvalued.
The current stock price of $687.23 is trading 57.5% above its estimated GF Value™ of $436.42.
GuruFocus considers Deere to be Significantly Overvalued.
Key valuation signals for DE:
Shiller PE Ratio: 35.57 (35% above median its 10-year median of 26.39)
GF Value™: $436.42 vs. price of $687.23 (57.5% above fair value)
Industry Position: 75% above the Farm & Heavy Construction Machinery median (#110 of 137)
No single metric tells the full story. See the DE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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