DTE Energy (DTE) - P/B ratio

P/B ratio as of November 2024 : 2.13

According to DTE Energy 's latest financial reports the company has a price-to-book ratio of 1.99194.
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 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
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	P/B ratio differencediff.	Country
Xcel Energy XEL	2.04	-4.10%	🇺🇸 USA
CMS Energy CMS	2.33	9.31%	🇺🇸 USA
MGE Energy MGEE	3.20	50.16%	🇺🇸 USA
WEC Energy Group WEC	2.45	15.10%	🇺🇸 USA
Alliant Energy LNT	2.19	2.76%	🇺🇸 USA
NiSource NI	1.63	-23.66%	🇺🇸 USA
Ameren AEE	2.00	-6.11%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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