Deere & CompanyDE

Where DE's P/B sits inside its own 10-year distribution, with the yearly high, low and average.

$693.53-0.88 (-0.13%)Previous close
NYSEIndustrials

DE P/B: current value, 10-year range and year-by-year history

6.7Near historic high

DE's p/b is higher than 95% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
DE P/B historyDE P/B from Sep 2023 to Sep 2026: low 4.11, high 6.81, latest 6.7.3.894.675.466.247.03Sep 23Apr 24Nov 24Jun 25Feb 26Sep 26med 5.12

DE P/B by year

Yearly range of DE’s p/b from 2016 to 2026. Over the full period it ranged from 3.0 to 8.6, averaging 5.3.

DE P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20264.95.96.86.7
20254.75.46.14.9
20244.14.85.65.1
20234.65.36.55.2
20224.76.17.66.4
20215.77.28.65.8
20203.04.86.66.6
20193.64.45.04.8
20183.94.85.94.3
20174.45.05.45.3
20163.44.25.05.0

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How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.

FormulaPrice / Book Value Per Share
Full guide
How to read this chart

Most useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.

Key caveats
  • Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
  • Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.

Is DE P/B High or Low Right Now?

Deere & Company's P/B is currently 6.7, which is near historic high relative to its 10-year historical range. The 10-year median P/B for DE is approximately 5.1. See all DE valuation metrics →

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