P/E ratio for Deere & Company (DE)
P/E ratio as of February 2023 (TTM): 18.2
According to Deere & Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.193. At the end of 2021 the company had a P/E ratio of 17.9.
P/E ratio history for Deere & Company from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 17.9 | -41.51% |
| 2020 | 30.6 | 81.64% |
| 2019 | 16.9 | -17.1% |
| 2018 | 20.4 | -12.75% |
| 2017 | 23.3 | 9.34% |
| 2016 | 21.3 | 62.51% |
| 2015 | 13.1 | 28.94% |
| 2014 | 10.2 | 2.22% |
| 2013 | 9.96 | -11.03% |
| 2012 | 11.2 | -2.89% |
| 2011 | 11.5 | -39.07% |
| 2010 | 18.9 | -27.95% |
| 2009 | 26.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 18.0 | -1.04% | 🇺🇸 USA |
 The Toro Company
TTC | 26.5 | 45.90% | 🇺🇸 USA |
 Lindsay Corporation
LNN | 22.7 | 25.03% | 🇺🇸 USA |
 Honda HMC | 8.49 | -53.34% | 🇯🇵 Japan |
 AGCO AGCO | 12.2 | -32.70% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.