Deere & Company
DE
#106
Rank
$126.88 B
Marketcap
$426.99
Share price
0.98%
Change (1 day)
13.00%
Change (1 year)

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
202117.9-41.51%
202030.681.64%
201916.9-17.1%
201820.4-12.75%
201723.39.34%
201621.362.51%
201513.128.94%
201410.22.22%
20139.96-11.03%
201211.2-2.89%
201111.5-39.07%
201018.9-27.95%
200926.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.0-1.04%๐Ÿ‡บ๐Ÿ‡ธ USA
26.5 45.90%๐Ÿ‡บ๐Ÿ‡ธ USA
22.7 25.03%๐Ÿ‡บ๐Ÿ‡ธ USA
8.49-53.34%๐Ÿ‡ฏ๐Ÿ‡ต Japan
12.2-32.70%๐Ÿ‡บ๐Ÿ‡ธ 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.