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Deere (BUE:DE) Cyclically Adjusted PS Ratio : 2.92 (As of Jun. 05, 2024)


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What is Deere Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Deere's current share price is ARS11549.50. Deere's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was ARS3,960.54. Deere's Cyclically Adjusted PS Ratio for today is 2.92.

The historical rank and industry rank for Deere's Cyclically Adjusted PS Ratio or its related term are showing as below:

BUE:DE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.67   Max: 3.75
Current: 2.53

During the past years, Deere's highest Cyclically Adjusted PS Ratio was 3.75. The lowest was 0.97. And the median was 1.67.

BUE:DE's Cyclically Adjusted PS Ratio is ranked worse than
82.08% of 173 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.04 vs BUE:DE: 2.53

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Deere's adjusted revenue per share data for the three months ended in Apr. 2024 was ARS92,549.673. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ARS3,960.54 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deere Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Deere's Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Chart

Deere Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 2.21 3.02 3.09 2.61

Deere Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Cyclically Adjusted PS 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 2.82 3.13 2.61 2.77 2.68

Competitive Comparison of Deere's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Deere's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Deere's Cyclically Adjusted PS Ratio falls into.



Deere Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Deere's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11549.50/3960.54
=2.92

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=92549.673/131.7762*131.7762
=92,549.673

Current CPI (Apr. 2024) = 131.7762.

Deere Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 415.554 100.520 544.767
201410 415.493 100.176 546.562
201501 309.827 98.604 414.061
201504 418.094 99.824 551.922
201507 408.971 100.691 535.230
201510 385.648 100.346 506.438
201601 467.182 99.957 615.897
201604 715.909 100.947 934.549
201607 618.798 101.524 803.192
201610 612.480 101.988 791.370
201701 533.806 102.456 686.564
201704 755.702 103.167 965.263
201707 823.789 103.278 1,051.105
201710 849.142 104.070 1,075.208
201801 814.342 104.578 1,026.136
201804 1,282.883 105.708 1,599.249
201807 1,773.655 106.324 2,198.239
201810 2,336.854 106.695 2,886.190
201901 1,808.275 106.200 2,243.763
201904 2,985.004 107.818 3,648.287
201907 2,616.930 108.250 3,185.673
201910 3,499.904 108.577 4,247.714
202001 2,802.777 108.841 3,393.393
202004 3,699.213 108.173 4,506.364
202007 3,883.632 109.318 4,681.504
202010 4,579.207 109.861 5,492.698
202101 4,726.674 110.364 5,643.706
202104 6,877.278 112.673 8,043.297
202107 6,867.587 115.183 7,856.935
202110 7,046.207 116.696 7,956.776
202201 6,193.323 118.619 6,880.268
202204 9,254.590 121.978 9,997.973
202207 11,359.427 125.002 11,975.025
202210 14,897.766 125.734 15,613.635
202301 14,658.765 126.223 15,303.680
202304 20,467.943 127.992 21,073.080
202307 27,308.100 128.974 27,901.354
202310 37,006.975 129.810 37,567.597
202401 68,138.730 130.124 69,003.683
202404 92,549.673 131.776 92,549.673

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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  (BUE:DE) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Deere Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Deere's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Deere (BUE: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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