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Deere (UKEX:DE) Shiller PE Ratio : 26.38 (As of May. 13, 2024)


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What is Deere Shiller PE Ratio?

As of today (2024-05-13), Deere's current share price is ₴14956.00. Deere's E10 for the quarter that ended in Jan. 2024 was ₴566.96. Deere's Shiller PE Ratio for today is 26.38.

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: 21.76   Max: 45.6
Current: 27.33

During the past years, Deere's highest Shiller PE Ratio was 45.60. The lowest was 12.25. And the median was 21.76.

UKEX:DE's Shiller PE Ratio is ranked worse than
62.77% of 137 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 23.1 vs UKEX:DE: 27.33

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 Jan. 2024 was ₴246.756. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₴566.96 for the trailing ten years ended in Jan. 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
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 34.16 28.73 30.81 25.06 26.38

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
=14956.00/566.96
=26.38

* 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 Jan. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=246.756/129.4194*129.4194
=246.756

Current CPI (Jan. 2024) = 129.4194.

Deere Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 104.960 100.023 135.807
201407 92.286 100.520 118.818
201410 72.482 100.176 93.641
201501 44.361 98.604 58.225
201504 80.404 99.824 104.242
201507 60.600 100.691 77.890
201510 42.776 100.346 55.169
201601 31.686 99.957 41.025
201604 61.788 100.947 79.216
201607 61.392 101.524 78.261
201610 35.647 101.988 45.235
201701 24.557 102.456 31.020
201704 99.019 103.167 124.216
201707 78.027 103.278 97.777
201710 62.184 104.070 77.331
201801 -65.749 104.578 -81.367
201804 145.360 105.708 177.966
201807 110.109 106.324 134.027
201810 95.851 106.695 116.266
201901 60.996 106.200 74.332
201904 139.419 107.818 167.351
201907 111.298 108.250 133.063
201910 89.909 108.577 107.168
202001 64.561 108.841 76.768
202004 83.572 108.173 99.986
202007 101.792 109.318 120.510
202010 94.662 109.861 111.515
202101 153.282 110.364 179.747
202104 224.972 112.673 258.409
202107 210.713 115.183 236.757
202110 163.184 116.696 180.976
202201 115.654 118.619 126.184
202204 269.728 121.978 286.183
202207 243.983 125.002 252.605
202210 294.681 125.734 303.317
202301 259.430 126.223 266.000
202304 382.214 127.992 386.476
202307 403.998 128.974 405.392
202310 327.160 129.810 326.176
202401 246.756 129.419 246.756

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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