Dte Energy Co Stock Price To Book
DTW Stock | USD 22.27 0.12 0.54% |
DTE Energy Co fundamentals help investors to digest information that contributes to DTE Energy's financial success or failures. It also enables traders to predict the movement of DTE Stock. The fundamental analysis module provides a way to measure DTE Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to DTE Energy stock.
Price To Book Ratio is likely to drop to 0.33 in 2024. DTE | Price To Book |
DTE Energy Co Company Price To Book Analysis
DTE Energy's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
DTE Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for DTE Energy is extremely important. It helps to project a fair market value of DTE Stock properly, considering its historical fundamentals such as Price To Book. Since DTE Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of DTE Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of DTE Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
DTE Price To Book Historical Pattern
Today, most investors in DTE Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various DTE Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of DTE Energy price to book as a starting point in their analysis.
DTE Energy Price To Book |
Timeline |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition |
DTE Book Value Per Share
Book Value Per Share |
|
Based on the latest financial disclosure, DTE Energy Co has a Price To Book of 0.0 times. This is 100.0% lower than that of the Electric Utilities sector and about the same as Utilities (which currently averages 0.0) industry. The price to book for all United States stocks is 100.0% higher than that of the company.
Did you try this?
Run Technical Analysis Now
Technical AnalysisCheck basic technical indicators and analysis based on most latest market data |
All Next | Launch Module |
DTE Energy ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, DTE Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to DTE Energy's managers, analysts, and investors.Environmental | Governance | Social |
DTE Fundamentals
Return On Equity | 0.0752 | ||||
Price To Earning | 3.49 X | ||||
Revenue | 12.74 B | ||||
EBITDA | 4.02 B | ||||
Net Income | 1.39 B | ||||
Cash And Equivalents | 164 M | ||||
Cash Per Share | 0.90 X | ||||
Total Debt | 20.95 B | ||||
Debt To Equity | 124.70 % | ||||
Current Ratio | 1.16 X | ||||
Book Value Per Share | 54.48 X | ||||
Cash Flow From Operations | 2.27 B | ||||
Number Of Employees | 10.2 K | ||||
Beta | 0.15 | ||||
Market Capitalization | 4 B | ||||
Total Asset | 44.76 B | ||||
Retained Earnings | 4.4 B | ||||
Annual Yield | 0.06 % | ||||
Net Asset | 44.76 B | ||||
Last Dividend Paid | 3.41 |
About DTE Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DTE Energy Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DTE Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DTE Energy Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for DTE Stock Analysis
When running DTE Energy's price analysis, check to measure DTE Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DTE Energy is operating at the current time. Most of DTE Energy's value examination focuses on studying past and present price action to predict the probability of DTE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DTE Energy's price. Additionally, you may evaluate how the addition of DTE Energy to your portfolios can decrease your overall portfolio volatility.