Deere & Company (DE) Valuation

Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)

Deere is the world's leading manufacturer of agricultural equipment and a major producer of construction machinery. The company is divided into four reporting segments: production & precision agric...

Deere & Company (DE) currently trades at a P/E ratio of 35.51 (historical range: 15.00–39.37, median: 20.55), placing it at the 97th percentile — expensive relative to its history, P/S ratio of 3.61 (range: 1.95–4.08, 94th percentile — expensive relative to its history), EV/EBITDA of 36.02 (range: 12.13–38.95, 97th percentile).

Over the historical period (2021-09-14 to 2026-10-16), Deere & Company's P/E ratio has expanded by 19% over the observed period (from an average of 19.8 to 23.5).

Deere & Company trades well above its own historical valuation range across most metrics.

Historical Valuation Metrics

MetricCurrentMedian%ileAssessment
P/E Ratio35.5120.5597thexpensive relative to its history
P/S Ratio3.612.7394thexpensive relative to its history
EV/EBITDA36.0216.0697thexpensive relative to its history
FCF Yield0.70%5.39%3thexpensive relative to its history
Current Price: $641.78
Market Cap: $173.0B
Sector: Industrials

Deere & Company (DE) Valuation & P/E History

Deere & Company (DE) is a US-listed stock operating in the Industrials sector, specifically the Farm Machinery & Equipment industry currently trading at $641.78 with a market capitalization of $173.0 billion. This page provides historical valuation analysis for DE based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 35.51 is above the historical median of 20.55, placing DE at the 97th percentile of its valuation range. The P/S ratio of 3.61 compares to a median of 2.73.

DE Valuation Metrics & Historical Range

The valuation table above shows Deere & Company's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether DE is currently trading above or below its typical valuation levels.

  • P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests DE is expensively valued; below the median suggests it is cheap.
  • P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
  • EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Deere & Company.
  • FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.

Is DE Overvalued or Undervalued?

Deere & Company trades well above its own historical valuation range across most metrics. The overall valuation percentile of 96 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive DE is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.

However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full DE analysis page for a complete picture.

Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.DE trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.