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.
Follow DE
Deere & Company (DE) 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
Embed this chart
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 | Free account |
Against its own ten years
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))
More on DE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement