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Deere (UKEX:DE) Shiller PE Ratio : 24.95 (As of May. 25, 2024)


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What is Deere Shiller PE Ratio?

As of today (2024-05-25), 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: 21.84   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 21.84.

UKEX:DE's Shiller PE Ratio is ranked worse than
56.93% of 137 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 22.26 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 ₴341.978. 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)
=341.978/131.7762*131.7762
=341.978

Current CPI (Apr. 2024) = 131.7762.

Deere Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201407 93.413 100.520 122.459
201410 73.367 100.176 96.511
201501 44.902 98.604 60.008
201504 81.385 99.824 107.436
201507 61.340 100.691 80.277
201510 43.299 100.346 56.861
201601 32.073 99.957 42.283
201604 62.542 100.947 81.642
201607 62.141 101.524 80.658
201610 36.082 101.988 46.621
201701 24.857 102.456 31.970
201704 100.228 103.167 128.022
201707 78.980 103.278 100.774
201710 62.943 104.070 79.700
201801 -66.551 104.578 -83.860
201804 147.135 105.708 183.419
201807 111.454 106.324 138.134
201810 97.021 106.695 119.828
201901 61.740 106.200 76.609
201904 141.121 107.818 172.479
201907 112.656 108.250 137.140
201910 91.007 108.577 110.452
202001 65.349 108.841 79.120
202004 84.592 108.173 103.050
202007 103.034 109.318 124.202
202010 95.818 109.861 114.932
202101 155.153 110.364 185.255
202104 227.718 112.673 266.327
202107 213.285 115.183 244.011
202110 165.176 116.696 186.521
202201 117.066 118.619 130.051
202204 273.021 121.978 294.952
202207 246.962 125.002 260.346
202210 298.279 125.734 312.612
202301 262.598 126.223 274.151
202304 386.880 127.992 398.318
202307 408.930 128.974 417.814
202310 331.153 129.810 336.170
202401 249.768 130.124 252.939
202404 341.978 131.776 341.978

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.

Deere (UKEX:DE) Headlines

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