DEERE & CO (DE)
Farm Machinery & Equipment
Latest Price
$592.67
TTM P/E
33.60
Normalized P/E
24.45
Div Yield
1.09%
Book Value
101.47
P/B Ratio
5.84
Valuation metrics
adjust assumptions →EPS: $18.50
Book value / share: $95.97
Formula: √(22.5 × EPS × BVPS)
Graham Number
$199.87
66% downside
Norm. op. income: $8.5B (median of 6yr)
Tax rate: 22%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$103.92
82% downside
Base FCF: $6.9B (median of recent 5yr)
Growth: 5%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$296.19
50% downside
EPS: $18.50
Target P/E: 24×
Formula: EPS × P/E
P/E Fair Value
$444.00
25% downside
Institutional Ownership
66.7% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 18.32M | $10.32B | 6.78% | -593.4K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 16.53M | $9.31B | 6.12% | -- | 2026-03-31 |
| Capital World Investors | 12.27M | $6.91B | 4.54% | +2.68M | 2026-03-31 |
| STATE STREET CORP | 10.61M | $5.99B | 3.93% | +125.4K | 2026-03-31 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 7.88M | $4.44B | 2.92% | +191.8K | 2026-03-31 |
| FMR LLC | 6.53M | $3.68B | 2.42% | +489.6K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 5.69M | $3.19B | 2.10% | +85.4K | 2026-03-31 |
| MORGAN STANLEY | 4.25M | $2.39B | 1.57% | -1.5K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 3.75M | $2.11B | 1.39% | -- | 2026-03-31 |
| GATES FOUNDATION TRUST | 3.56M | $2.00B | 1.32% | -- | 2026-03-31 |