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DTE Energy Co (STU:DGY) Cyclically Adjusted Revenue per Share : €75.99 (As of Mar. 2024)


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What is DTE Energy Co Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

DTE Energy Co's adjusted revenue per share for the three months ended in Mar. 2024 was €14.400. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €75.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DTE Energy Co's average Cyclically Adjusted Revenue Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of DTE Energy Co was 7.40% per year. The lowest was 1.70% per year. And the median was 3.80% per year.

As of today (2024-05-24), DTE Energy Co's current stock price is €104.00. DTE Energy Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €75.99. DTE Energy Co's Cyclically Adjusted PS Ratio of today is 1.37.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of DTE Energy Co was 1.81. The lowest was 1.02. And the median was 1.42.


DTE Energy Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for DTE Energy Co's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DTE Energy Co Cyclically Adjusted Revenue per Share Chart

DTE Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.11 53.22 64.02 76.10 74.54

DTE Energy Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.54 74.47 78.68 74.54 75.99

Competitive Comparison of DTE Energy Co's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, DTE Energy Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DTE Energy Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, DTE Energy Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where DTE Energy Co's Cyclically Adjusted PS Ratio falls into.



DTE Energy Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, DTE Energy Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.4/131.7762*131.7762
=14.400

Current CPI (Mar. 2024) = 131.7762.

DTE Energy Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.219 100.560 14.702
201409 11.377 100.428 14.928
201412 14.103 99.070 18.759
201503 15.490 99.621 20.490
201506 11.289 100.684 14.775
201509 12.860 100.392 16.880
201512 12.755 99.792 16.843
201603 12.801 100.470 16.790
201606 11.184 101.688 14.493
201609 14.494 101.861 18.751
201612 15.221 101.863 19.691
201703 16.903 102.862 21.654
201706 14.195 103.349 18.099
201709 15.210 104.136 19.247
201712 15.441 104.011 19.563
201803 16.909 105.290 21.163
201806 14.940 106.317 18.518
201809 16.716 106.507 20.682
201812 18.211 105.998 22.640
201903 16.994 107.251 20.880
201906 13.891 108.070 16.938
201909 15.392 108.329 18.723
201912 12.473 108.420 15.160
202003 14.244 108.902 17.236
202006 11.884 108.767 14.398
202009 13.549 109.815 16.259
202012 12.917 109.897 15.489
202103 15.505 111.754 18.283
202106 12.925 114.631 14.858
202109 16.277 115.734 18.533
202112 21.199 117.630 23.748
202203 21.422 121.301 23.272
202206 24.011 125.017 25.309
202209 27.338 125.227 28.768
202212 20.918 125.222 22.013
202303 17.134 127.348 17.730
202306 12.026 128.729 12.311
202309 13.136 129.860 13.330
202312 15.108 129.419 15.383
202403 14.400 131.776 14.400

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


DTE Energy Co  (STU:DGY) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

DTE Energy Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=104.00/75.99
=1.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of DTE Energy Co was 1.81. The lowest was 1.02. And the median was 1.42.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


DTE Energy Co Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of DTE Energy Co's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


DTE Energy Co (STU:DGY) Business Description

Industry
Traded in Other Exchanges
Address
One Energy Plaza, Detroit, MI, USA, 48226-1279
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 serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.

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