Corteva, Inc. (CTVA)

Agricultural Production-Crops

Latest Price

$83.39

TTM P/E

54.50

Normalized P/E

48.65

Div Yield

0.86%

Book Value

37.53

P/B Ratio

2.22

Valuation metrics

EPS: $1.60

Book value / share: $35.92

Formula: √(22.5 × EPS × BVPS)

Graham Number

$35.96

57% downside

Norm. op. income: $1.3B (median of 7yr)

Tax rate: 22%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$17.63

79% downside

Base FCF: $1.5B (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$174.30

+109% upside

EPS: $1.60

Target P/E: 49×

Formula: EPS × P/E

P/E Fair Value

$78.40

6% downside

86.9% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	53.85M	$4.56B	8.05%	-864.9K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	43.79M	$3.71B	6.55%	-283.6K	2026-06-30
Capital World Investors	42.92M	$3.63B	6.42%	+6.93M	2026-06-30
FMR LLC	41.07M	$3.48B	6.14%	+6.10M	2026-06-30
STATE STREET CORP	38.26M	$3.24B	5.72%	+2.12M	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	29.80M	$2.52B	4.46%	-258.0K	2026-06-30
FRANKLIN RESOURCES INC	22.33M	$1.89B	3.34%	+537.9K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	18.90M	$1.59B	2.83%	+176.6K	2026-06-30
Aristotle Capital Management, LLC	17.77M	$1.50B	2.66%	-1.07M	2026-06-30
HARRIS ASSOCIATES L P	16.33M	$1.38B	2.44%	-323.0K	2026-06-30