DTE Energy
DTE
#768
Rank
NZ$52.95 B
Marketcap
NZ$254.85
Share price
0.05%
Change (1 day)
8.99%
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 March 2026 (TTM): 19.8

According to DTE Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.8056. 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 2025

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
22.9 15.59%๐Ÿ‡บ๐Ÿ‡ธ USA
Ameren
AEE
21.5 8.68%๐Ÿ‡บ๐Ÿ‡ธ USA
CMS Energy
CMS
22.7 14.82%๐Ÿ‡บ๐Ÿ‡ธ USA
WEC Energy Group
WEC
22.1 11.45%๐Ÿ‡บ๐Ÿ‡ธ USA
NiSource
NI
29.3 47.89%๐Ÿ‡บ๐Ÿ‡ธ USA
Xcel Energy
XEL
24.9 25.54%๐Ÿ‡บ๐Ÿ‡ธ USA
MGE Energy
MGEE
20.2 2.05%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.