P/E ratio for DTE Energy (DTE)

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

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Alliant Energy LNT	22.2	-6.77%	🇺🇸 USA
Ameren AEE	18.9	-20.32%	🇺🇸 USA
CMS Energy CMS	21.0	-11.82%	🇺🇸 USA
WEC Energy Group WEC	22.0	-7.25%	🇺🇸 USA
NiSource NI	28.3	19.17%	🇺🇸 USA
Xcel Energy XEL	21.6	-9.14%	🇺🇸 USA
MGE Energy MGEE	18.1	-23.74%	🇺🇸 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.