Deere & Company DE

690.46 (4.48) (0.64%) as of 25 Sep
Market cap
$187.7B
P/E
38.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Deere & Company (DE) P/B ratio

As of 25 September 2026, Deere & Company (DE) trades at a P/B ratio of 6.7×. Over the past ten years it has ranged from 2.9× (March 2020) to 8.5× (April 2021); the current reading is higher than 92% of that period. That is above the Farm & Heavy Construction Machinery industry median of 1.4× and above the Industrials sector median of 2.4×.

P/B ratio, daily

Annual

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

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 92

P/B ratio against peers

Company P/B ratio
TEX Terex Corporation compare 1.3×
ALG Alamo Group, Inc. compare 1.6×
OSK Oshkosh Corporation compare 1.8×
AGCO AGCO Corporation compare 2.1×
CNH CNH Industrial N.V. compare 2.1×
PCAR PACCAR Inc. compare 2.9×
FSS Federal Signal Corporation compare 4.6×
DE Deere & Company 6.7×
CAT Caterpillar Inc. compare 19.5×
Farm & Heavy Construction Machinery industry median 1.4×
Industrials sector median 2.4×
Market median 1.8×

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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