DTE Energy CoFRA:DGY +1.71%71 PB Ratio is 2.61 as of Jul. 05, 2026, which is 37% above its 10-year median of 1.90. GuruFocus rates FRA:DGY with a GF Score™ of 71/100 and a GF Value™ of €132.33 (Fairly Valued). The stock has 13 warning signs investors should review. Among 502 Utilities - Regulated companies, DTE Energy Co ranks worse than 81.87% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-05), DTE Energy Co's share price is €133.75. DTE Energy Co's Book Value per Share for the quarter that ended in Mar. 2026 was €51.24. Hence, DTE Energy Co's PB Ratio of today is 2.61.
Warning Sign:
DTE Energy Co stock PB Ratio (=2.6) is close to 3-year high of 2.61.
The historical rank and industry rank for DTE Energy Co's PB Ratio or its related term are showing as below:
FRA:DGY'
s PB Ratio Range Over the Past 10 Years
Min: 1.16 Med: 1.9 Max: 3.08
Current: 2.6
During the past 13 years, DTE Energy Co's highest PB Ratio was 3.08. The lowest was 1.16. And the median was 1.90.
FRA:DGY's PB Ratio is ranked worse than 81.87% of 502
companies
in the Utilities - Regulated industry
Industry Median: 1.435
vs FRA:DGY: 2.60
During the past 12 months, DTE Energy Co's average Book Value Per Share Growth Rate was 3.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of DTE Energy Co was 7.90% per year. The lowest was -7.20% per year. And the median was 4.10% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
DTE Energy Co PB Ratio Related Terms
DTE Energy Co PB Ratio Historical Data
* Premium members only.
The historical data trend for DTE Energy Co's 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.
For the Utilities - Regulated Electric subindustry, DTE Energy Co's PB Ratio, along with its competitors' market caps and 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 PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, DTE Energy Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where DTE Energy Co's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
DTE Energy Co's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
DTE Energy Co (FRA:DGY) has a PB Ratio of 2.61 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on DTE Energy Co and its competitors. This is 37% above median its historical median of 1.90. Over the past decade, DTE Energy Co's PB Ratio has ranged from 1.16 to 3.08. According to the industry distribution chart, DTE Energy Co ranks #411 out of 502 companies in the Utilities - Regulated industry, placing it in the top 81.9%.
Is DTE Energy Co's PB Ratio too high?
DTE Energy Co's current PB Ratio of 2.61 is 37% above median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 3.08. The Utilities - Regulated industry median PB Ratio is 1.44. DTE Energy Co's value of 2.61 is 81.9% above this industry median. Based on the distribution chart, DTE Energy Co ranks #411 out of 502 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, DTE Energy Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DTE Energy Co's PB Ratio compare to AEE and CNP?
According to the Utilities - Regulated industry distribution chart, DTE Energy Co ranks #411 out of 502 companies for PB Ratio. This places DTE Energy Co in the lower half of its industry. The industry median PB Ratio is 1.44. DTE Energy Co's value of 2.61 is 81.9% above this benchmark. Historically, DTE Energy Co's own PB Ratio has ranged from 1.16 to 3.08 over the past decade. While the company's 10-year median is 1.90 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 PB Ratio for an Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.44, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DTE Energy Co's current PB Ratio of 2.61 is 81.9% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on DTE Energy Co and its competitors. For the Utilities - Regulated industry, the median PB 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 PB Ratio is 2.61, which is 37% above median its own 10-year median of 1.90. 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 €132.33, compared to a current price of €133.75 — trading 1.1% above its estimated fair value. The current PB Ratio is 2.61, which is 37% above median its 10-year median of 1.90 and 81.9% above the Utilities - Regulated industry median of 1.44. DTE Energy Co's overall GF Score™ is 71/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For DTE Energy Co (FRA:DGY), the current PB Ratio is 2.61 as of Jul. 05, 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 overvalued.
The current stock price of €133.75 is trading 1.1% above its estimated GF Value™ of €132.33.
GuruFocus considers DTE Energy Co to be Fairly Valued.
Key valuation signals for FRA:DGY:
PB Ratio: 2.61 (37% above median its 10-year median of 1.90)
GF Value™: €132.33 vs. price of €133.75 (1.1% above fair value)
Industry Position: 81.9% above the Utilities - Regulated median (#411 of 502)
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 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.
71GF Score
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