DTE Energy Company (DTE) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas ser...
DTE Energy Company (DTE) currently trades at a P/E ratio of 20.51 (historical range: 14.61–29.13, median: 21.52), placing it at the 42th percentile — near its historical average, P/S ratio of 1.64 (range: 0.96–2.22, 77th percentile — above its historical average), EV/EBITDA of 62.98 (range: 15.27–138.56, 98th percentile).
Over the historical period (2021-09-14 to 2026-10-16), DTE Energy Company's P/E ratio has expanded by 30% over the observed period (from an average of 18.9 to 24.5).
DTE Energy Company trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 20.51 | 21.52 | 42th | near its historical average |
| P/S Ratio | 1.64 | 1.41 | 77th | above its historical average |
| EV/EBITDA | 62.98 | 24.07 | 98th | expensive relative to its history |
| FCF Yield | 8.09% | 9.43% | 8th | expensive relative to its history |
DTE Energy Company (DTE) Valuation & P/E History
DTE Energy Company (DTE) is a US-listed stock operating in the Utilities sector, specifically the Electric Services industry currently trading at $129.50 with a market capitalization of $26.9 billion. This page provides historical valuation analysis for DTE based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 20.51 is below the historical median of 21.52, placing DTE at the 42th percentile of its valuation range. The P/S ratio of 1.64 compares to a median of 1.41.
DTE Valuation Metrics & Historical Range
The valuation table above shows DTE Energy Company's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether DTE is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests DTE is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for DTE Energy Company.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is DTE Overvalued or Undervalued?
DTE Energy Company trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 72 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive DTE is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full DTE analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.DTE trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

