Deere & P/E 2024

Deere & P/E

14.92

Deere & Dividend yield

1.34 %

Ticker

DE

ISIN

US2441991054

WKN

850866

As of Apr 24, 2024, Deere &'s P/E ratio was 14.92, a 46.56% change from the 10.18 P/E ratio recorded in the previous year.

The Deere & P/E history

Deere & Aktienanalyse

What does Deere & do?

The company Deere is an American manufacturer of agricultural machinery, construction machinery, and forestry machinery, founded in 1837. The company is headquartered in Moline, Illinois and employs over 74,000 people worldwide. The history of Deere started with the invention of the self-cleaning plow by the company's founder, John Deere. John Deere, a blacksmith and inventor, noticed that the soil in the Midwest of the United States was much harder to plow compared to the soil in his home state of Vermont. He worked hard to develop an improved plow that solved the problem of mud and dirt sticking to the plow blades. The first version of this plow was manufactured in 1837 and the demand was so high that Deere had to leave his small blacksmith shop in Moline and move to a larger production facility to meet the demand. Today, Deere operates in three main business areas. The first area is agriculture, with products such as tractors, harvesters, plows, planting machines, and irrigation systems. The company is also dedicated to precision farming, a concept that allows farmers to increase their efficiency and maximize their yields by using sensors and other technologies to make decisions on how to best manage their fields. Deere also offers smart machines that are capable of automatically plowing, planting, and harvesting. The second area of Deere is the construction machinery industry. The company manufactures a wide range of equipment, including excavators, bulldozers, compact loaders, dump trucks, road rollers, and crane trucks. Deere's products are typically known for being particularly robust and durable, making them ideal for demanding applications on construction sites and in industries. The third business area of Deere is the forestry industry. The company manufactures specialized machines used for harvesting and transporting wood. These machines include harvesters, forwarders, skidders, and processors. The company has also developed a variety of products and services to help forest owners manage their wood sustainably and efficiently. In summary, Deere is a leading provider of agricultural, construction, and forestry machinery. The company has built a reputation as a reliable and innovative manufacturer that offers its customers innovative solutions to increase their efficiency and profitability. Deere has a strong presence in the agricultural and forestry industry worldwide and is constantly striving to open up new markets and applications for its products. Deere & ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Deere &'s P/E Ratio

The Price to Earnings (P/E) Ratio of Deere & is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Deere &'s P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Deere & is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Deere &’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Deere & Stock

What is the price-to-earnings ratio of Deere &?

The price-earnings ratio of Deere & is currently 14.92.

How has the price-earnings ratio of Deere & changed compared to last year?

The price-to-earnings ratio of Deere & has increased by 46.56% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Deere & high compared to other companies?

Yes, the price-to-earnings ratio of Deere & is high compared to other companies.

How does an increase in the price-earnings ratio of Deere & affect the company?

An increase in the price-earnings ratio of Deere & would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Deere & affect the company?

A decrease in the price-earnings ratio of Deere & would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Deere &?

Some factors that influence the price-earnings ratio of Deere & are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Deere & pay?

Over the past 12 months, Deere & paid a dividend of 5.32 USD . This corresponds to a dividend yield of about 1.34 %. For the coming 12 months, Deere & is expected to pay a dividend of 6.78 USD.

What is the dividend yield of Deere &?

The current dividend yield of Deere & is 1.34 %.

When does Deere & pay dividends?

Deere & pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Deere &?

Deere & paid dividends every year for the past 24 years.

What is the dividend of Deere &?

For the upcoming 12 months, dividends amounting to 6.78 USD are expected. This corresponds to a dividend yield of 1.71 %.

In which sector is Deere & located?

Deere & is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Deere & kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Deere & from 5/8/2024 amounting to 1.47 USD, you needed to have the stock in your portfolio before the ex-date on 3/27/2024.

When did Deere & pay the last dividend?

The last dividend was paid out on 5/8/2024.

What was the dividend of Deere & in the year 2023?

In the year 2023, Deere & distributed 4.51 USD as dividends.

In which currency does Deere & pay out the dividend?

The dividends of Deere & are distributed in USD.

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Andere Kennzahlen von Deere &

Our stock analysis for Deere & Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Deere & Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.