What is the price-to-earnings ratio of DTE Energy?
The price-earnings ratio of DTE Energy is currently 16.59.
DTE Energy P/E 2024
DTE Energy P/E
16.59
DTE Energy Dividend yield
3.45 %
Ticker
DTE
ISIN
US2333311072
WKN
853943
As of May 7, 2024, DTE Energy's P/E ratio was 16.59, a 4.67% change from the 15.85 P/E ratio recorded in the previous year.
The DTE Energy P/E history
DTE Energy Aktienanalyse
What does DTE Energy do?
DTE Energy is a leading energy provider in the United States, with headquarters in Detroit, Michigan. The company has a long history dating back to 1849. Originally founded as the Detroit Gas Company, it produced gas for street lighting. Over the years, the company has continuously evolved and grown into one of the largest energy providers in the US. DTE Energy's business model is highly diversified and includes various sectors. One important sector is the provision of electricity and gas to residential and commercial customers. DTE Energy operates a network of power plants and pipelines that supply electricity and gas to over 3 million customers in Michigan. The company also provides electricity and gas services to customers in other states. In addition to electricity and gas supply, DTE Energy is also involved in renewable energy. The company operates several wind and solar power plants that generate clean energy. DTE Energy has set ambitious goals to reduce carbon emissions by 80% by 2040 and achieve carbon neutrality by 2050. Another important sector of DTE Energy is the exploration and production of natural gas. The company has production sites in the US and is one of the largest producers of natural gas in Michigan. DTE Energy works closely with local communities and environmental organizations to ensure that natural gas production is safe and environmentally friendly. In addition to energy generation, DTE Energy also offers energy efficiency services. The company provides consultation and support in the installation of energy-efficient devices and solutions. DTE Energy has also launched a program to promote solar panels on private and commercial buildings. Overall, DTE Energy offers a wide range of products and services tailored to meet the needs of its customers. The company aims to provide a safe, reliable, and environmentally friendly energy supply and invests continuously in innovative solutions. In recent years, DTE Energy has received several awards for its sustainability efforts. The company is also dedicated to promoting education and charity and has established several scholarship programs and charitable organizations. In conclusion, DTE Energy is a leading energy provider focused on sustainable energy supply and offers a wide range of products and services to meet the needs of its customers. With its long history, wide range of services, and dedicated approach, DTE Energy is an important player in the energy industry and a trusted partner for customers and communities. DTE Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering DTE Energy's P/E Ratio
The Price to Earnings (P/E) Ratio of DTE Energy is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing DTE Energy's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of DTE Energy is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in DTE Energy’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about DTE Energy Stock
How has the price-earnings ratio of DTE Energy changed compared to last year?
The price-to-earnings ratio of DTE Energy has increased by 4.67% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of DTE Energy high compared to other companies?
Yes, the price-to-earnings ratio of DTE Energy is high compared to other companies.
How does an increase in the price-earnings ratio of DTE Energy affect the company?
An increase in the price-earnings ratio of DTE Energy would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of DTE Energy affect the company?
A decrease in the price-earnings ratio of DTE Energy would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of DTE Energy?
Some factors that influence the price-earnings ratio of DTE Energy are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does DTE Energy pay?
Over the past 12 months, DTE Energy paid a dividend of 3.88 USD . This corresponds to a dividend yield of about 3.45 %. For the coming 12 months, DTE Energy is expected to pay a dividend of 3.98 USD.
What is the dividend yield of DTE Energy?
The current dividend yield of DTE Energy is 3.45 %.
When does DTE Energy pay dividends?
DTE Energy pays a quarterly dividend. This is distributed in the months of October, January, April, July.
How secure is the dividend of DTE Energy?
DTE Energy paid dividends every year for the past 25 years.
What is the dividend of DTE Energy?
For the upcoming 12 months, dividends amounting to 3.98 USD are expected. This corresponds to a dividend yield of 3.54 %.
In which sector is DTE Energy located?
DTE Energy is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von DTE Energy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of DTE Energy from 7/15/2024 amounting to 1.02 USD, you needed to have the stock in your portfolio before the ex-date on 6/17/2024.
When did DTE Energy pay the last dividend?
The last dividend was paid out on 7/15/2024.
What was the dividend of DTE Energy in the year 2023?
In the year 2023, DTE Energy distributed 3.608 USD as dividends.
In which currency does DTE Energy pay out the dividend?
The dividends of DTE Energy are distributed in USD.
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Andere Kennzahlen von DTE Energy
Our stock analysis for DTE Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of DTE Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
