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Deere (LTS:0R2P) Shiller PE Ratio : 29.10 (As of May. 03, 2025)


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What is Deere Shiller PE Ratio?

As of today (2025-05-03), Deere's current share price is $483.5701. Deere's E10 for the quarter that ended in Jan. 2025 was $16.62. Deere's Shiller PE Ratio for today is 29.10.

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

LTS:0R2P' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.25   Med: 23.83   Max: 45.6
Current: 28.9

During the past years, Deere's highest Shiller PE Ratio was 45.60. The lowest was 12.25. And the median was 23.83.

LTS:0R2P's Shiller PE Ratio is ranked worse than
69.78% of 139 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 18.26 vs LTS:0R2P: 28.90

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 Jan. 2025 was $3.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $16.62 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deere Shiller PE Ratio Historical Data

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.

* Premium members only.

Deere Shiller PE Ratio Chart

Deere Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.84 35.10 33.29 25.06 24.69

Deere Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Shiller PE 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 26.24 24.85 23.07 24.69 28.60

Competitive Comparison of Deere's Shiller PE Ratio

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's Shiller PE Ratio Distribution in the 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.


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Deere Shiller PE Ratio Calculation

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

Shiller PE Ratio=Share Price/ E10
=483.5701/16.62
=29.10

* 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 Jan. 2025 is calculated as:

For example, Deere's adjusted earnings per share data for the three months ended in Jan. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=3.19/134.0288*134.0288
=3.190

Current CPI (Jan. 2025) = 134.0288.

Deere Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201504 2.030 99.824 2.726
201507 1.530 100.691 2.037
201510 1.080 100.346 1.443
201601 0.800 99.957 1.073
201604 1.560 100.947 2.071
201607 1.550 101.524 2.046
201610 0.900 101.988 1.183
201701 0.620 102.456 0.811
201704 2.500 103.167 3.248
201707 1.970 103.278 2.557
201710 1.570 104.070 2.022
201801 -1.660 104.578 -2.127
201804 3.670 105.708 4.653
201807 2.780 106.324 3.504
201810 2.420 106.695 3.040
201901 1.540 106.200 1.944
201904 3.520 107.818 4.376
201907 2.810 108.250 3.479
201910 2.270 108.577 2.802
202001 1.630 108.841 2.007
202004 2.110 108.173 2.614
202007 2.570 109.318 3.151
202010 2.390 109.861 2.916
202101 3.870 110.364 4.700
202104 5.680 112.673 6.757
202107 5.320 115.183 6.190
202110 4.120 116.696 4.732
202201 2.920 118.619 3.299
202204 6.810 121.978 7.483
202207 6.160 125.002 6.605
202210 7.440 125.734 7.931
202301 6.550 126.223 6.955
202304 9.650 127.992 10.105
202307 10.200 128.974 10.600
202310 8.260 129.810 8.528
202401 6.230 130.124 6.417
202404 8.530 132.289 8.642
202407 6.290 132.708 6.353
202410 4.550 133.182 4.579
202501 3.190 134.029 3.190

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  (LTS:0R2P) Shiller PE Ratio Explanation

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

Thank you for viewing the detailed overview of Deere's Shiller PE 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.

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