Deere & Company

DE Industrials Farm & Heavy Construction Machinery

Deere & Company’s revenue for fiscal 2025 (year ended October 2025) was $45.7 billion, down 11.7% from fiscal 2024. In the quarter to July 2026, revenue grew 4.91%, EPS grew 7.35%, free cash flow fell 20.1% and total debt fell 4.22%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.

641.86 8.81 −1.35%
Market cap
$175.4B
P/E
35.6×
Fwd P/E
32.2×
Dividend yield
1.01%
F-score
6/9
Altman Z
2.92
Beneish M
−2.60
Dividend safety
74/100

Deere & Company (DE) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Deere & Company (DE) trades at a P/B ratio of 6.2×. Over the past ten years it has ranged from 2.9× (March 2020) to 8.5× (April 2021); the current reading is higher than 86% of that period. That is above the Farm & Heavy Construction Machinery industry median of 1.4× and above the Industrials sector median of 2.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 4.8× (1.47%)
FY2024 4.9× (0.20%)
FY2023 4.9× (17.62%)
FY2022 5.9× (1.92%)
FY2021 6.1× 8.06%
FY2020 5.6× 16.24%
FY2019 4.8× 24.75%
FY2018 3.9× (12.86%)
FY2017 4.4× 4.20%
FY2016 4.3× 7.65%

Quarterly newest first

Period P/B ratio Change
Jul 2026 5.7× (1.73%)
Apr 2026 5.8× 6.28%
Jan 2026 5.5× 13.51%
Oct 2025 4.8× (14.53%)
43 more quarters

Against its own ten years

Low 2.9× High 8.5×
Ten-year median 5.0×
Current reading's percentile 85

P/B ratio against peers

Company P/B ratio
TEX Terex Corporation compare 1.2×
ALG Alamo Group, Inc. compare 1.5×
OSK Oshkosh Corporation compare 1.8×
AGCO AGCO Corporation compare 1.8×
CNH CNH Industrial N.V. compare 1.8×
PCAR PACCAR Inc. compare 2.9×
FSS Federal Signal Corporation compare 4.5×
DE Deere & Company 6.2×
CAT Caterpillar Inc. compare 17.3×
Farm & Heavy Construction Machinery industry median 1.4×
Industrials sector median 2.2×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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