DTE Dte Energy PE ratio, current and historical analysis
The P/E ratio for Dte Energy stock stands at 16.75 as of Nov 21, 2024. This takes into account the latest EPS of $7.4 and stock price of $123.98. A decrease of 2.2% has been observed in the PE ratio compared to its average of 17.1 of the past four quarters.
DTE PE ratio history
Over the last ten years, the average PE ratio of Dte Energy has been 19.33. The current 16.75 price-to-earnings ratio is 13% 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.
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
Currently, DTE's PE ratio is under its 3, 5 and 10-year averages.
DTE PE vs peers
When compared to its peer stocks NU and XEL, DTE's PE ratio is lower. Dte Energy is currently trading at a lower PE ratio (16.75) than its peers average of 25.33.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DTE Dte Energy Co | 16.84 | $25.81B |
| CMS Cms Energy Corp | 19.88 | $26.64B |
| XEL Xcel Energy Inc | 21.18 | $40.99B |
| AEE Ameren Corp | 22.14 | $25.17B |
| NI Nisource Inc | 22.34 | $17.63B |
| LNT Alliant Energy Corp | 24.63 | $16.3B |
| WEC Wec Energy Group Inc | 24.7 | $31.95B |
| MGEE Mge Energy Inc | 32.07 | $3.8B |
| NU Nu Holdings Ltd | 37.07 | $65.92B |
Frequently asked questions
What is Dte Energy's PE ratio?
DTE's price to earnings ratio is 16.75 as of Nov 21, 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 20.72.
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 19.86.
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 13% 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 (Nov 21, 2024), Dte Energy's share price is $123.98. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $7.4. Therefore, Dte Energy's price to earnings ratio for today is 16.75. PE RATIO(16.75) = STOCK PRICE($123.98) / TTM EPS($7.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.