DTE Energy
DTE
#848
Rank
$29.52 B
Marketcap
$141.87
Share price
0.12%
Change (1 day)
2.43%
Change (1 year)
DTE Energy is an American diversified energy company involved in the development and management of energy-related businesses and services

P/E ratio for DTE Energy (DTE)

P/E ratio as of August 2026 (TTM): 21.9

According to DTE Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.9302. At the end of 2016 the company had a P/E ratio of 13.1.

P/E ratio history for DTE Energy from 2001 to 2026

PE ratio at the end of each year

Year P/E ratio Change
201613.1
201410.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Alliant Energy
LNT
22.1 0.76%๐Ÿ‡บ๐Ÿ‡ธ USA
Ameren
AEE
19.1-13.04%๐Ÿ‡บ๐Ÿ‡ธ USA
CMS Energy
CMS
20.1-8.49%๐Ÿ‡บ๐Ÿ‡ธ USA
WEC Energy Group
WEC
21.7-0.95%๐Ÿ‡บ๐Ÿ‡ธ USA
NiSource
NI
17.9-18.22%๐Ÿ‡บ๐Ÿ‡ธ USA
Xcel Energy
XEL
22.5 2.60%๐Ÿ‡บ๐Ÿ‡ธ USA
MGE Energy
MGEE
20.3-7.38%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.