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DTE Dte Energy PE ratio, current and historical analysis

The P/E ratio for Dte Energy stock stands at 18.16 as of Jun 20, 2024. This takes into account the latest EPS of $6.12 and stock price of $111.12. An increase of 7% has been observed in the PE ratio compared to its average of 17.0 of the past four quarters.

DTE PE ratio history

How has DTE's PE ratio performed in the past

Over the last ten years, the average PE ratio of Dte Energy has been 19.39. The current 18.16 price-to-earnings ratio is 6% less than the historical average. Analyzing the last ten years, DTE's PE ratio reached its highest point in the Jun 2022 quarter at 32.25, with a price of $126.75 and an EPS of $3.93. The Sep 2015 quarter saw the lowest point at 15.16, with a price of $80.37 and an EPS of $5.3.

Average
19.39
Median
18.22
Minimum
15.16
Maximum
32.25

Dte Energy PE ratio by year

Maximum annual increase: 49.18% in 2021

Maximum annual decrease: -23.34% in 2023

Year PE ratio Change
2023 16.29 -23.34%
2022 21.25 -16.8%
2021 25.54 49.18%
2020 17.12 -16.69%
2019 20.55 15.13%
2018 17.85 3.06%
2017 17.32 -14.89%
2016 20.35 2.78%
2015 19.8 17.16%
2014 16.9 -4.3%

DTE average PE ratio chart

What is the average PE ratio of DTE for the past years

Currently, DTE's PE ratio is under its 3, 5 and 10-year averages.

3-year avg
21.53
5-year avg
20.33
10-year avg
19.39
15-year avg
17.68

DTE PE vs peers

What is DTE's PE ratio compared to its peers

When compared to its peers NU and LNT, DTE's PE ratio is lower, but it is higher than XEL's and WEC's. Dte Energy's current PE ratio of 18.16 is in line with the average of its peers, which is 18.13.

Stock name PE ratio Market cap
XEL Xcel Energy Inc 16.08 $29.74B
AEE Ameren Corp 16.3 $18.95B
WEC Wec Energy Group Inc 17.3 $25.03B
NI Nisource Inc 17.71 $12.7B
CMS Cms Energy Corp 18.13 $17.76B
DTE Dte Energy Co 18.16 $22.99B
LNT Alliant Energy Corp 18.54 $13.07B
MGEE Mge Energy Inc 22.87 $2.75B
NU Nu Holdings Ltd 44.74 $57.66B

Frequently asked questions

What is Dte Energy's PE ratio?

DTE's price to earnings ratio is 18.16 as of Jun 20, 2024.

What is the 3-year average PE ratio for Dte Energy (DTE)?

The average PE ratio for DTE stock over the past 3 years is 21.53.

What is the 5-year average PE ratio for Dte Energy (DTE)?

The average PE ratio for DTE stock over the past 5 years is 20.33.

What is the highest PE ratio for DTE?

Over the last ten years, the Jun 2022 quarter recorded the highest quarterly PE ratio at 32.25.

How does the current PE ratio for DTE compare to its historical average?

DTE's price to earnings ratio is currently 6% below its 10-year historical average.

How is DTE's PE ratio calculated (Dte Energy PE ratio formula)?

The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 20, 2024), Dte Energy's share price is $111.12. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.12. Therefore, Dte Energy's price to earnings ratio for today is 18.16. PE RATIO(18.16) = STOCK PRICE($111.12) / TTM EPS($6.12)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.