Based on 313M diluted shares, the $5.7-5.9B profit guidance translates into GAAP EPS of $18.21-18.85. At the current share price of $350, the EPS guidance equates to a P/E of 18-19x. (DE’s FY2021 ends 10/31/21.)
Despite everything above, the stock is down modestly today because investors figure things can’t get any better.