The P/E ratio for Dte Energy stock stands at 15.32 as of Sep 28, 2023. This takes into account the latest EPS of $6.44 and stock price of $98.63. A decrease of 21% has been observed in the PE ratio compared to its average of 19.4 of the past four quarters.
Over the last ten years, the average PE ratio of Dte Energy has been 19.46. The current 15.32 price-to-earnings ratio is 21% 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.
Maximum annual increase: 49.18% in 2021
Maximum annual decrease: -16.8% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 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% |
| 2013 | 17.66 | 4.68% |
Currently, DTE's PE ratio is under its 3, 5 and 10-year averages.
When compared to its peer stocks XEL and WEC, DTE's PE ratio is lower. Dte Energy is currently trading at a lower PE ratio (15.32) than its peers average of 18.7.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DTE Dte Energy Co | 15.36 | $20.4B |
| NI Nisource Inc | 15.85 | $10.22B |
| AEE Ameren Corp | 17.46 | $19.68B |
| XEL Xcel Energy Inc | 18.07 | $31.6B |
| LNT Alliant Energy Corp | 18.48 | $12.19B |
| WEC Wec Energy Group Inc | 18.75 | $25.38B |
| CMS Cms Energy Corp | 21.3 | $15.54B |
| MGEE Mge Energy Inc | 21.73 | $2.48B |
DTE's price to earnings ratio is 15.32 as of Sep 28, 2023.
The average PE ratio for DTE stock over the past 3 years is 21.56.
The average PE ratio for DTE stock over the past 5 years is 20.46.
Over the last ten years, the Jun 2022 quarter recorded the highest quarterly PE ratio at 32.25.
DTE's price to earnings ratio is currently 21% below its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Sep 28, 2023), Dte Energy's share price is $98.63. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $6.44. Therefore, Dte Energy's price to earnings ratio for today is 15.32. PE RATIO(15.32) = STOCK PRICE($98.63) / TTM EPS($6.44)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.