Deere & Company
NYSE: DE · INDUSTRIALS · FARM & HEAVY CONSTRUCTION MACHINERY
Updated 2026-04-29
Deere & Company (DE) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for DE.
Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.
DE historical valuation range
Where current P/E sits in DE's own 5Y range.
DE intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Standard discounted cash flow models produce unreliable output for unprofitable or near-breakeven companies. Revenue-based multiples such as P/S and EV/Sales, combined with the historical valuation position above, give a more reliable read for this stock.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
DE valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
Current: 31.75x
P/S Ratio — History
Current: 3.25x
Is DE overvalued in 2026?
Deere & Company (DE) currently trades at $589.87 per share with a market capitalization of $151,973,167,000.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 49/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
The stock trades at a P/E ratio of 31.8x, above its 5-year median of 24.9x. The PEG ratio of 1.70 points to a price that reasonably reflects expected earnings growth.
Looking at its own history, DE is currently trading more expensive than 71% of the last 5Y on P/E. This places it in the 71th percentile of its historical range, a reasonable but unremarkable position.
A standard DCF model does not produce reliable output for DE under current conditions. For unprofitable or near-breakeven companies, revenue-based multiples such as EV/Sales and historical P/S percentile are more informative than intrinsic value calculations.
Financial quality is a concern. The Piotroski F-Score of 3/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.
Bottom line: DE appears richly valued on our framework, with a Smart Value Score of 49/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.
Frequently asked questions
Is DE overvalued in 2026?
Based on a Smart Value Score of 49/100, DE appears overvalued. Current price exceeds what fundamentals currently justify.
What is DE's fair value?
Standard DCF is unreliable for DE due to its current profitability profile. Revenue-based approaches such as EV/Sales or historical P/S percentile are more informative for this stock.
What P/E ratio does DE trade at?
DE trades at a P/E of 31.8x on trailing twelve-month earnings, compared to its 5-year median of 24.9x.
Is DE a buy based on valuation?
WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 49/100 reflects the combined read on growth, quality, and price. The profile skews cautious. Consider waiting for a better price or clearer operational improvement.
How does DE's valuation compare to its history?
On P/E, DE currently sits in the 71th percentile of its own 5Y range. That is above its long-run median relative to where it has traded over the period.
What is DE's Smart Value Score?
DE's Smart Value Score is 49/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.