DTE Energy Co (MEX:DTE1) Cyclically Adjusted PB Ratio: 2.31 (As of Sep. 15, 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:DTE1 DTE Energy Co MEX:DTE1
65 GF Score
Price MXN2,441.03
GF Value MXN2,800.98
! 8 Warning Signs
View Full Analysis

What is DTE Energy Co Cyclically Adjusted PB Ratio?

DTE Energy Co MEX:DTE1 65 Cyclically Adjusted PB Ratio is 2.31 as of Sep. 15, 2026, which is 17% above its 10-year median of 1.98. GuruFocus rates MEX:DTE1 with a GF Score™ of 65/100 and a GF Value™ of MXN2,800.98. The stock has 8 warning signs investors should review. Among 425 Utilities - Regulated companies, DTE Energy Co ranks worse than 66.82% on this metric.

As of today (2026-09-15), DTE Energy Co's current share price is MXN2441.03. DTE Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN1,058.15. DTE Energy Co's Cyclically Adjusted PB Ratio for today is 2.31.

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

MEX:DTE1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 1.98   Max: 2.36
Current: 2.01

During the past years, DTE Energy Co's highest Cyclically Adjusted PB Ratio was 2.36. The lowest was 1.37. And the median was 1.98.

MEX:DTE1's Cyclically Adjusted PB Ratio is ranked worse than
66.82% of 425 companies
in the Utilities - Regulated industry
Industry Median: 1.49 vs MEX:DTE1: 2.01

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 Jun. 2026 was MXN1,018.742. 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 MXN1,058.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DTE Energy Co  (MEX:DTE1) 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


DTE Energy Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

DTE Energy Co Cyclically Adjusted PB Ratio Chart

DTE Energy Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 1.93 1.77 1.90 2.00

DTE Energy Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.05 2.18 2.00 2.23 2.31

MEX:DTE1 vs AEE, EIX, ES: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


MEX:DTE1
65GF Score
DTE Energy Co MEX:DTE1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=2441.03/1058.15
=2.31

* 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 Jun. 2026 is calculated as:

For example, DTE Energy Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1018.742/333.9520*333.9520
=1,018.742

Current CPI (Jun. 2026) = 333.9520.

DTE Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 983.828 241.428 1,360.867
201612 1,035.371 241.432 1,432.139
201703 965.030 243.801 1,321.872
201706 915.720 244.955 1,248.419
201709 948.220 246.819 1,282.964
201712 1,041.385 246.524 1,410.705
201803 989.852 249.554 1,324.615
201806 1,064.128 251.989 1,410.251
201809 1,049.454 252.439 1,388.325
201812 1,104.870 251.233 1,468.651
201903 1,116.477 254.202 1,466.746
201906 1,089.436 256.143 1,420.376
201909 1,156.121 256.759 1,503.702
201912 1,145.284 256.974 1,488.360
202003 1,439.174 258.115 1,862.019
202006 1,404.688 257.797 1,819.642
202009 1,406.424 260.280 1,804.511
202012 1,275.516 260.474 1,635.331
202103 1,324.418 264.877 1,669.802
202106 1,271.711 271.696 1,563.109
202109 909.293 274.310 1,106.997
202112 921.684 278.802 1,104.003
202203 910.871 287.504 1,058.028
202206 890.344 296.311 1,003.446
202209 932.336 296.808 1,049.013
202212 985.741 296.797 1,109.143
202303 930.683 301.836 1,029.710
202306 871.514 305.109 953.901
202309 916.300 307.789 994.188
202312 908.937 306.746 989.553
202403 896.070 312.332 958.097
202406 982.818 314.175 1,044.685
202409 1,102.119 315.301 1,167.313
202412 1,177.721 315.605 1,246.185
202503 1,175.245 319.799 1,227.257
202506 1,063.240 322.561 1,100.788
202509 1,073.890 324.800 1,104.149
202512 1,066.327 324.054 1,098.897
202603 1,068.207 330.213 1,080.302
202606 1,018.742 333.952 1,018.742

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.

What does a Cyclically Adjusted PB Ratio of 2.31 mean?
DTE Energy Co (MEX:DTE1) has a Cyclically Adjusted PB Ratio of 2.31 as of Sep. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on DTE Energy Co and its competitors. This is 17% above median its historical median of 1.98. Over the past decade, DTE Energy Co's Cyclically Adjusted PB Ratio has ranged from 1.37 to 2.36. According to the industry distribution chart, DTE Energy Co ranks #284 out of 425 companies in the Utilities - Regulated industry, placing it in the top 66.8%.
Is DTE Energy Co's Cyclically Adjusted PB Ratio too high?
DTE Energy Co's current Cyclically Adjusted PB Ratio of 2.31 is 17% above median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 2.36. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.49. DTE Energy Co's value of 2.31 is 55% above this industry median. Based on the distribution chart, DTE Energy Co ranks #284 out of 425 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, DTE Energy Co has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does DTE Energy Co's Cyclically Adjusted PB Ratio compare to AEE and EIX?
According to the Utilities - Regulated industry distribution chart, DTE Energy Co ranks #284 out of 425 companies for Cyclically Adjusted PB Ratio. This places DTE Energy Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.49. DTE Energy Co's value of 2.31 is 55% above this benchmark. Historically, DTE Energy Co's own Cyclically Adjusted PB Ratio has ranged from 1.37 to 2.36 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 1.49, DTE Energy Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.49, based on 425 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DTE Energy Co's current Cyclically Adjusted PB Ratio of 2.31 is 55% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on DTE Energy Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DTE Energy Co's current Cyclically Adjusted PB Ratio is 2.31, which is 17% above median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DTE Energy Co stock overvalued right now?
DTE Energy Co (MEX:DTE1) has a current Cyclically Adjusted PB Ratio of 2.31. The stock's GF Value™ is MXN2,800.98, compared to a current price of MXN2,441.03 — trading 12.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.31, which is 17% above median its 10-year median of 1.98 and 55% above the Utilities - Regulated industry median of 1.49. DTE Energy Co's overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For DTE Energy Co (MEX:DTE1), the current Cyclically Adjusted PB Ratio is 2.31 as of Sep. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DTE Energy Co (MEX:DTE1) Overvalued in 2026?

Based on GuruFocus' analysis, DTE Energy Co stock appears to be undervalued. The current stock price of MXN2,441.03 is trading 12.9% below its estimated GF Value™ of MXN2,800.98.

Key valuation signals for MEX:DTE1:

  • Cyclically Adjusted PB Ratio: 2.31 (17% above median its 10-year median of 1.98)
  • GF Value™: MXN2,800.98 vs. price of MXN2,441.03 (12.9% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 55% above the Utilities - Regulated median (#284 of 425)

No single metric tells the full story. See the MEX:DTE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DTE Energy Co Business Description

Other Exchanges DTE:USA0I6Q:UKDGY:Germany
Address One Energy Plaza, Detroit, MI, USA, 48226-1221
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.
65GF Score

Get the complete analysis for MEX:DTE1

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,441.03
Price
MXN2,800.98
GF Value