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DTE Energy Co (LTS:0I6Q) Cyclically Adjusted PB Ratio : 2.09 (As of May. 25, 2025)


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What is DTE Energy Co Cyclically Adjusted PB Ratio?

As of today (2025-05-25), DTE Energy Co's current share price is $134.77. DTE Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $64.40. DTE Energy Co's Cyclically Adjusted PB Ratio for today is 2.09.

The historical rank and industry rank for DTE Energy Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0I6Q' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 1.92   Max: 2.3
Current: 2.12

During the past years, DTE Energy Co's highest Cyclically Adjusted PB Ratio was 2.30. The lowest was 1.37. And the median was 1.92.

LTS:0I6Q's Cyclically Adjusted PB Ratio is ranked worse than
67.65% of 408 companies
in the Utilities - Regulated industry
Industry Median: 1.51 vs LTS:0I6Q: 2.12

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

DTE Energy Co's adjusted book value per share data for the three months ended in Mar. 2025 was $57.446. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $64.40 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


DTE Energy Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DTE Energy Co's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

DTE Energy Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 2.06 1.93 1.77 1.90

DTE Energy Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 1.77 1.74 2.01 1.90 2.15

Competitive Comparison of DTE Energy Co's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, DTE Energy Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 PB Ratio Distribution in the Utilities - Regulated Industry

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

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


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DTE Energy Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

DTE Energy Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=134.77/64.40
=2.09

* 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.

DTE Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, DTE Energy Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=57.446/134.9266*134.9266
=57.446

Current CPI (Mar. 2025) = 134.9266.

DTE Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 47.577 100.684 63.758
201509 49.098 100.392 65.988
201512 48.877 99.792 66.085
201603 49.528 100.470 66.514
201606 48.920 101.688 64.910
201609 50.882 101.861 67.399
201612 50.219 101.863 66.520
201703 51.252 102.862 67.228
201706 50.659 103.349 66.137
201709 52.249 104.136 67.698
201712 53.025 104.011 68.786
201803 54.484 105.290 69.820
201806 54.155 106.317 68.728
201809 56.106 106.507 71.077
201812 56.270 105.998 71.627
201903 57.556 107.251 72.408
201906 56.715 108.070 70.810
201909 58.561 108.329 72.939
201912 60.726 108.420 75.572
202003 61.377 108.902 76.045
202006 60.856 108.767 75.492
202009 63.665 109.815 78.223
202012 64.122 109.897 78.726
202103 64.792 111.754 78.227
202106 63.886 114.631 75.197
202109 44.222 115.734 51.555
202112 44.929 117.630 51.536
202203 45.747 121.301 50.886
202206 44.256 125.017 47.764
202209 46.350 125.227 49.940
202212 50.561 125.222 54.480
202303 51.633 127.348 54.706
202306 50.835 128.729 53.283
202309 52.604 129.860 54.657
202312 53.548 129.419 55.827
202403 53.992 131.776 55.283
202406 53.647 132.554 54.607
202409 55.973 133.029 56.771
202412 56.470 133.157 57.220
202503 57.446 134.927 57.446

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


DTE Energy Co  (LTS:0I6Q) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


DTE Energy Co Cyclically Adjusted PB Ratio Related Terms

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


DTE Energy Co Business Description

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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