DTE Energy Company DTE

121.44 0.26 0.21% as of 25 Sep
Market cap
$25.2B
P/E
19.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

DTE Energy Company (DTE) P/B ratio

As of 25 September 2026, DTE Energy Company (DTE) trades at a P/B ratio of 2.1×. Over the past ten years it has ranged from 1.0× (March 2020) to 3.1× (August 2022); the current reading is higher than 64% of that period. That is above the Utilities Regulated Electric industry median of 1.6× and above the Utilities sector median of 1.6×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 2.2× 1.57%
FY2024 2.1× 2.55%
FY2023 2.1× (5.76%)
FY2022 2.2× (16.55%)
FY2021 2.6× 67.15%
FY2020 1.6× (8.31%)
FY2019 1.7× 8.97%
FY2018 1.6× (4.14%)
FY2017 1.7× 5.00%
FY2016 1.6× 13.38%

Quarterly

Period P/B ratio Change
Jun 2026 2.6× 6.21%
Mar 2026 2.5× 13.18%
Dec 2025 2.2× (9.88%)
Sep 2025 2.4× 2.95%
42 more quarters

Against its own ten years

Low 1.0× High 3.1×
Ten-year median 1.8×
Current reading's percentile 64

P/B ratio against peers

Company P/B ratio
PCG Pacific Gas & Electric Co. compare 0.8×
FTS Fortis compare 1.5×
ES Eversource Energy compare 1.5×
PPL PPL Corporation compare 1.6×
FE FirstEnergy Corporation compare 1.7×
CMS CMS Energy Corporation compare 1.9×
AEE Ameren Corporation compare 2.0×
CNP CenterPoint Energy, Inc. compare 2.1×
DTE DTE Energy Company 2.1×
Utilities Regulated Electric industry median 1.6×
Utilities sector median 1.6×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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