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DTE Energy Co (NYSE:DTV)
Shiller PE Ratio
(As of Today)

As of today, DTE Energy Co's current share price is $54.95. DTE Energy Co's E10 for the quarter that ended in Mar. 2017 was $0.00. DTE Energy Co's Shiller P/E Ratio for today is .

DTV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.97   Max: 23.96
Current: 23.25

6.97
23.96

During the past 13 years, DTE Energy Co's highest Shiller P/E Ratio was 23.96. The lowest was 6.97. And the median was 15.16.

DTV's Shiller PE Ratio is ranked higher than
54% of the 221 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 23.28 vs. DTV: 23.25 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

DTE Energy Co's adjusted earnings per share data of for the fiscal year that ended in Dec16 was $0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.00 for the trailing ten years ended in Dec16.


Definition

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

DTE Energy Co's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=54.95/0
=

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

DTE Energy Co's E10 for the quarter that ended in Mar. 2017 is calculated as:

For example, DTE Energy Co's adjusted earnings per share data for the fiscal year that ended in Dec16 was:

Adj_EPS=Earnigns per Share/CPI of Dec16 (Change)*Current CPI (Dec16)
=0/241.432*241.432
=0.000

Current CPI (Dec16) = 241.432.

DTE Energy Co Annual Data

200712200812200912201012201112201212201312201412201512201612
per share eps 0.0000.0000.0000.0000.0000.0000.0000.0000.0000.000
CPI 210.036210.228215.949219.179225.672229.601233.049234.812236.525241.432
Adj_EPS 0.0000.0000.0000.0000.0000.0000.0000.0000.0000.000

Add all the adjusted EPS together and divide 10 will get our E10.


Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E assumes that over the long term, businesses and profitability revert to their means. If a company’s business model does not work in the future compared with the past, the Shiller P/E and P/S ratio will give false valuations.


Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

DTE Energy Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ShillerPE 12.7310.4412.8113.3514.6316.0517.1321.0119.3422.07

DTE Energy Co Semi-Annual Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ShillerPE 21.0119.3117.5318.2519.3421.4122.6220.8822.0722.00
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