Is DTE Energy Company (DTE) Undervalued?
Based on the current stock price of $129.05 and a P/E ratio of 19.35,DTE Energy Company has a PEG ratio of 3.39.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 3.39, DTE appears to be potentially overvalued relative to its growth rate of 5.70%.
Based on a PEG ratio of 2.12 (adjusted for dividends).
Compare DTE vs Competitors
Use the calculator below to see how DTE stacks up against other stocks in the same industry.
How we analyzed DTE
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 19.35and dividing it by the annual growth rate of 5.70%.
PEG = 19.35 (P/E) ÷ 5.70 (Growth) = 3.39
Frequently Asked Questions about DTE
What is the current PEG Ratio for DTE Energy Company (DTE)?+
The current PEG Ratio for DTE Energy Company is 3.39. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is DTE stock undervalued right now?+
Based on the PEG ratio of 3.39, DTE Energy Company appears to be potentially overvalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for DTE?+
The PEGY ratio for DTE Energy Company is 2.12. This metric accounts for dividend yield (3.44%), providing a more complete valuation picture.