DTE Energy
DTE
$109.52
Share price
-1.46%
Change (1 day)
-3.05%
Change (1 year)
Categories
DTE Energy is an American diversified energy company involved in the development and management of energy-related businesses and services
DTE Energy (DTE) - P/B ratio
P/B ratio as of April 2024 : 2.05
According to DTE Energy
's latest financial reports the company has a price-to-book ratio of 2.05.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
DTE Energy - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.06 | -6.03% |
| 2022-12-31 | 2.19 | -17.63% |
| 2021-12-31 | 2.66 | 42.38% |
| 2020-12-31 | 1.87 | -11.49% |
| 2019-12-31 | 2.11 | 12.64% |
| 2018-12-31 | 1.87 | -4.74% |
| 2017-12-31 | 1.97 | 5.63% |
| 2016-12-31 | 1.86 | 13.72% |
| 2015-12-31 | 1.64 | -10.7% |
| 2014-12-31 | 1.83 | 23.98% |
| 2013-12-31 | 1.48 | 5.84% |
| 2012-12-31 | 1.40 | 6.88% |
| 2011-12-31 | 1.31 | 15.15% |
| 2010-12-31 | 1.13 | -0.6% |
| 2009-12-31 | 1.14 | 18.53% |
| 2008-12-31 | 0.9631 | -20.8% |
| 2007-12-31 | 1.22 | -16.46% |
| 2006-12-31 | 1.46 | 11.09% |
| 2005-12-31 | 1.31 | -0.94% |
| 2004-12-31 | 1.32 | 8.39% |
| 2003-12-31 | 1.22 | -26.29% |
| 2002-12-31 | 1.66 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Alliant Energy LNT | 1.88 | -8.45% | 🇺🇸 USA |
 Ameren
AEE | 1.71 | -16.48% | 🇺🇸 USA |
 CMS Energy
CMS | 2.18 | 6.42% | 🇺🇸 USA |
 WEC Energy Group WEC | 2.13 | 3.92% | 🇺🇸 USA |
 NiSource
NI | 1.24 | -39.70% | 🇺🇸 USA |
 Xcel Energy XEL | 1.70 | -17.02% | 🇺🇸 USA |
 MGE Energy
MGEE | 2.47 | 20.27% | 🇺🇸 USA |