Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 35.74.
Forward PE Ratio (35.74) = Close Price ($647.47) / Consensus Forward EPS ($18.12)
FORWARD PE RATIO
35.74
SECTOR MEDIAN · INDUSTRIALS
24.18
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
+47.78%
vs the sector median at left
Deere & Company
Market Cap
$174.78B
Forward PE Ratio
35.74
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Deere & Company (DE) | $174.78B | 35.74 |
| The Boeing Company (BA)vs › | $169.30B | N/A |
| ABB Ltd (ABBNY)vs › | $181.84B | 29.75 |
| Union Pacific Corporation (UNP)vs › | $183.00B | 23.57 |
| Eaton Corporation plc (ETN)vs › | $162.78B | 30.98 |
| Schneider Electric S.E. (SBGSY)vs › | $195.13B | 34.89 |
| Siemens Energy AG (SMEGF)vs › | $150.55B | 33.84 |
| Lockheed Martin Corporation (LMT)vs › | $130.07B | 18.52 |
| Parker-Hannifin Corporation (PH)vs › | $126.31B | 32.00 |
| Howmet Aerospace Inc. (HWM)vs › | $108.70B | 51.16 |
Trailing P/E
36.0
reported TTM EPS
Forward P/E
35.7
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $18.12 implies +0.7% EPS growth vs the reported trailing $18.00.
At today's $647.47 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-11-02 | $18.12 | $17.89 – $18.63 | 15 | 35.7x |
| 2027-11-02 | $22.22 | $19.01 – $23.82 | 17 | 29.1x |
| 2028-11-02 | $26.39 | $21.93 – $35.67 | 13 | 24.5x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
