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Deere (UKEX:DE) Shiller PE Ratio : 24.95 (As of May. 28, 2024)


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What is Deere Shiller PE Ratio?

As of today (2024-05-28), Deere's current share price is ₴14956.00. Deere's E10 for the quarter that ended in Apr. 2024 was ₴599.52. Deere's Shiller PE Ratio for today is 24.95.

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

UKEX:DE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.25   Med: 21.86   Max: 45.6
Current: 23.89

During the past years, Deere's highest Shiller PE Ratio was 45.60. The lowest was 12.25. And the median was 21.86.

UKEX:DE's Shiller PE Ratio is ranked worse than
56.2% of 137 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 22.05 vs UKEX:DE: 23.89

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 Apr. 2024 was ₴344.436. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₴599.52 for the trailing ten years ended in Apr. 2024.

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 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.71 27.84 35.10 33.29 25.06

Deere Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 28.73 30.81 25.06 26.24 24.94

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.



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
=14956.00/599.52
=24.95

* 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 Apr. 2024 is calculated as:

For example, Deere's adjusted earnings per share data for the three months ended in Apr. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=344.436/131.7762*131.7762
=344.436

Current CPI (Apr. 2024) = 131.7762.

Deere Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201407 94.084 100.520 123.339
201410 73.894 100.176 97.204
201501 45.225 98.604 60.440
201504 81.970 99.824 108.208
201507 61.780 100.691 80.853
201510 43.610 100.346 57.269
201601 32.303 99.957 42.586
201604 62.992 100.947 82.230
201607 62.588 101.524 81.238
201610 36.341 101.988 46.955
201701 25.035 102.456 32.199
201704 100.948 103.167 128.941
201707 79.547 103.278 101.497
201710 63.396 104.070 80.274
201801 -67.030 104.578 -84.463
201804 148.192 105.708 184.737
201807 112.255 106.324 139.127
201810 97.718 106.695 120.689
201901 62.184 106.200 77.160
201904 142.135 107.818 173.718
201907 113.466 108.250 138.126
201910 91.661 108.577 111.246
202001 65.818 108.841 79.688
202004 85.200 108.173 103.790
202007 103.775 109.318 125.095
202010 96.507 109.861 115.759
202101 156.268 110.364 186.586
202104 229.355 112.673 268.241
202107 214.818 115.183 245.765
202110 166.363 116.696 187.862
202201 117.908 118.619 130.986
202204 274.983 121.978 297.071
202207 248.737 125.002 262.217
202210 300.422 125.734 314.858
202301 264.485 126.223 276.121
202304 389.661 127.992 401.181
202307 411.869 128.974 420.817
202310 333.533 129.810 338.586
202401 251.563 130.124 254.756
202404 344.436 131.776 344.436

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  (UKEX:DE) 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 (UKEX:DE) Business Description

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

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