Deere & Company (DE) P/E Ratio History
Historical price-to-earnings valuation from 1989 to 2026
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DE Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Deere & Company (DE) trades at a price-to-earnings ratio of 32.0x, with a stock price of $591.64 and trailing twelve-month earnings per share of $15.04.
The current P/E is 74% above its 5-year average of 18.4x. Over the past five years, DE's P/E has ranged from a low of 10.5x to a high of 29.8x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.9x, DE trades at a 24% premium to its sector peers. The sector includes 414 companies with P/E ratios ranging from 0.0x to 185.4x.
The PEG ratio of 1.96 (P/E divided by 0% EPS growth) suggests a fair valuation relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, DE commands a significant premium over the S&P 500 median P/E of 25.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our DE DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
DE P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $13B | 26.4 | - | -59% | |
| $9B | 12.3 | 1.07 | +271% | |
| $431B | 49.2 | 1.75 | -15% | |
| $1B | 16.8 | 1.22 | +13% | |
| $1B | 31.9 | - | +784%Best | |
| $4B | 19.3 | 0.21Best | -33% | |
| $18B | 13.3 | 0.31 | +33% | |
| $7B | 6.1Lowest | 0.35 | +605% | |
| $38B | 35.0 | - | -39% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
DE Historical P/E Data (1989–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Sat Jan 31 2026 00:00:00 GM | $528.00 | $17.74 | 29.8x | -8% |
| FY2025 Q4 | Fri Oct 31 2025 00:00:00 GM | $461.63 | $18.51 | 24.9x | -23% |
| FY2025 Q3 | Sun Jul 27 2025 00:00:00 GM | $517.38 | $19.13 | 27.0x | -17% |
| FY2025 Q2 | Sun Apr 27 2025 00:00:00 GM | $459.30 | $20.67 | 22.2x | -32% |
| FY2025 Q1 | Sun Jan 26 2025 00:00:00 GM | $478.77 | $22.56 | 21.2x | -35% |
| FY2024 Q4 | Sun Oct 27 2024 00:00:00 GM | $407.93 | $25.60 | 15.9x | -51% |
| FY2024 Q3 | Sun Jul 28 2024 00:00:00 GM | $386.55 | $29.31 | 13.2x | -59% |
| FY2024 Q2 | Sun Apr 28 2024 00:00:00 GM | $393.33 | $33.22 | 11.8x | -64% |
| FY2024 Q1 | Sun Jan 28 2024 00:00:00 GM | $393.62 | $34.34 | 11.5x | -65% |
| FY2023 Q4 | $365.36 | $34.66 | 10.5x | -68% | |
| FY2023 Q3 | Sun Jul 30 2023 00:00:00 GM | $427.11 | $33.84 | 12.6x | -61% |
| FY2023 Q2 | Sun Apr 30 2023 00:00:00 GM | $378.02 | $29.80 | 12.7x | -61% |
Average P/E for displayed period: 32.5x
Full DE Stock Analysis
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Start ComparisonDE — Frequently Asked Questions
Quick answers to the most common questions about buying DE stock.
Is DE stock overvalued or undervalued?
DE trades at 32.0x P/E, above its 5-year average of 18.4x. The 100th percentile ranking indicates a premium to historical valuation.
How does DE's valuation compare to peers?
Deere & Company P/E of 32.0x compares to sector median of 25.9x. The premium reflects expected growth above peers.
What is DE's PEG ratio?
DE PEG ratio is 1.96. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 1989-2026.