DTE Energy Co (FRA:DGY) Cyclically Adjusted PS Ratio: 1.73 (As of Jul. 24, 2026) — 13% Above Median

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FRA:DGY DTE Energy Co FRA:DGY
73 GF Score
Price €129.15
GF Value €129.39
Valuation Fairly Valued
! 13 Warning Signs
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What is DTE Energy Co Cyclically Adjusted PS Ratio?

DTE Energy Co FRA:DGY +2.22% 73 Cyclically Adjusted PS Ratio is 1.73 as of Jul. 24, 2026, which is 13% above its 10-year median of 1.53. GuruFocus rates FRA:DGY with a GF Score™ of 73/100 and a GF Value™ of €129.39 (Fairly Valued). The stock has 13 warning signs investors should review. Among 441 Utilities - Regulated companies, DTE Energy Co ranks worse than 58.96% on this metric.

As of today (2026-07-24), DTE Energy Co's current share price is €129.15. DTE Energy Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €74.54. DTE Energy Co's Cyclically Adjusted PS Ratio for today is 1.73.

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

FRA:DGY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.53   Max: 1.81
Current: 1.73

During the past years, DTE Energy Co's highest Cyclically Adjusted PS Ratio was 1.81. The lowest was 1.07. And the median was 1.53.

FRA:DGY's Cyclically Adjusted PS Ratio is ranked worse than
58.96% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs FRA:DGY: 1.73

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 adjusted revenue per share data for the three months ended in Mar. 2026 was €21.380. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €74.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DTE Energy Co  (FRA:DGY) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


DTE Energy Co Cyclically Adjusted PS Ratio Related Terms


DTE Energy Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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

DTE Energy Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 1.45 1.33 1.48 1.54

DTE Energy Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 1.67 1.59 1.69 1.54 1.70

FRA:DGY vs AEE, CNP, EIX: Cyclically Adjusted PS Ratio Comparison

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 Cyclically Adjusted PS Ratio vs 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.


FRA:DGY
73GF Score
DTE Energy Co FRA:DGY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DTE Energy Co Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=129.15/74.54
=1.73

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=21.38/330.2130*330.2130
=21.380

Current CPI (Mar. 2026) = 330.2130.

DTE Energy Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 11.184 241.018 15.323
201609 14.494 241.428 19.824
201612 15.221 241.432 20.818
201703 16.903 243.801 22.894
201706 14.195 244.955 19.136
201709 15.210 246.819 20.349
201712 15.441 246.524 20.683
201803 16.909 249.554 22.374
201806 14.940 251.989 19.578
201809 16.716 252.439 21.866
201812 18.211 251.233 23.936
201903 16.994 254.202 22.076
201906 13.891 256.143 17.908
201909 15.392 256.759 19.795
201912 12.473 256.974 16.028
202003 14.244 258.115 18.223
202006 11.884 257.797 15.222
202009 13.549 260.280 17.189
202012 12.917 260.474 16.375
202103 15.505 264.877 19.330
202106 12.925 271.696 15.709
202109 16.277 274.310 19.594
202112 21.199 278.802 25.108
202203 21.422 287.504 24.604
202206 24.011 296.311 26.758
202209 27.338 296.808 30.415
202212 20.918 296.797 23.273
202303 17.134 301.836 18.745
202306 12.026 305.109 13.015
202309 13.136 307.789 14.093
202312 15.108 306.746 16.264
202403 14.400 312.332 15.224
202406 12.903 314.175 13.562
202409 12.649 315.301 13.247
202412 15.852 315.605 16.586
202503 19.841 319.799 20.487
202506 14.320 322.561 14.660
202509 14.517 324.800 14.759
202512 18.268 324.054 18.615
202603 21.380 330.213 21.380

Add all the adjusted revenue per share together and divide 10 will get our 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.

What does a Cyclically Adjusted PS Ratio of 1.73 mean?
DTE Energy Co (FRA:DGY) has a Cyclically Adjusted PS Ratio of 1.73 as of Jul. 24, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on DTE Energy Co and its competitors. This is 13% above median its historical median of 1.53. Over the past decade, DTE Energy Co's Cyclically Adjusted PS Ratio has ranged from 1.07 to 1.81. According to the industry distribution chart, DTE Energy Co ranks #260 out of 441 companies in the Utilities - Regulated industry, placing it in the top 59%.
Is DTE Energy Co's Cyclically Adjusted PS Ratio too high?
DTE Energy Co's current Cyclically Adjusted PS Ratio of 1.73 is 13% above median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 1.81. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.44. DTE Energy Co's value of 1.73 is 20.1% above this industry median. Based on the distribution chart, DTE Energy Co ranks #260 out of 441 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, DTE Energy Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DTE Energy Co's Cyclically Adjusted PS Ratio compare to AEE and CNP?
According to the Utilities - Regulated industry distribution chart, DTE Energy Co ranks #260 out of 441 companies for Cyclically Adjusted PS Ratio. This places DTE Energy Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.44. DTE Energy Co's value of 1.73 is 20.1% above this benchmark. Historically, DTE Energy Co's own Cyclically Adjusted PS Ratio has ranged from 1.07 to 1.81 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.44, 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 PS Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.44, based on 441 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS 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 PS Ratio of 1.73 is 20.1% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DTE Energy Co's current Cyclically Adjusted PS Ratio is 1.73, which is 13% above median its own 10-year median of 1.53. 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?
Based on GuruFocus' analysis, DTE Energy Co (FRA:DGY) is currently considered Fairly Valued. The stock's GF Value™ is €129.39, compared to a current price of €129.15 — trading 0.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.73, which is 13% above median its 10-year median of 1.53 and 20.1% above the Utilities - Regulated industry median of 1.44. DTE Energy Co's overall GF Score™ is 73/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For DTE Energy Co (FRA:DGY), the current Cyclically Adjusted PS Ratio is 1.73 as of Jul. 24, 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 (FRA:DGY) Overvalued in 2026?

Based on GuruFocus' analysis, DTE Energy Co stock appears to be undervalued. The current stock price of €129.15 is trading 0.2% below its estimated GF Value™ of €129.39. GuruFocus considers DTE Energy Co to be Fairly Valued.

Key valuation signals for FRA:DGY:

  • Cyclically Adjusted PS Ratio: 1.73 (13% above median its 10-year median of 1.53)
  • GF Value™: €129.39 vs. price of €129.15 (0.2% below fair value)
  • GF Score™: 73/100 with 13 warning signs
  • Industry Position: 20.1% above the Utilities - Regulated median (#260 of 441)

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


DTE Energy Co Business Description

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.
73GF Score

Get the complete analysis for FRA:DGY

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

€129.15
Price
€129.39
GF Value